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Ctrip gives Tuniu US15 million boost

12/12/2014|11:07:02 AM|

A recent visit by Tuniu COO Haifeng Yan to JD.com has raised speculation that JD.com might be an investor. A move that will further complicate the relationship among China's OTAs.

Wanda CEO marks Disney but not Jack Ma as competition

12/23/2014|10:00:35 AM|

Dalian Wanda Group CEO Jianlin Wang talks about Wanda Commercial Properties HKSE IPO and future plans for Wanda Group.

Brazilian travel start-up Hotel Urbano draws $50 million investment round

03/10/2014|9:55:46 AM|

Yet Hotel Urbano, one of Brazil’s fastest-growing marketplaces for online travel, has successfully attracted prominent US investors to secure $50 million in its latest round of funding, the company confirmed to Tnooz that it would announce soon.

TUI’s new CEO plans operations overhaul with $1.3 billion profit goal

05/17/2013|4:10:13 PM|

TUI AG said it plans to generate 1 billion euros ($1.3 billion) in operating profit by 2015 and resume its dividend as new Chief Executive Officer Friedrich Joussen overhauls Europe’s largest tour operator.

China’s leading OTAs face challenges on all sides

10/14/2010|4:15:11 PM|

As China’s online travel market grows, competition among trip booking sites has heated up, with home-grown providers fighting hard to keep and increase market share. The competition isn’t a simple dual between two market leaders—international players are looking for ways to capitalize on the upward trends in online travel here.

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