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China’s airports break 1 billion mark for annual passenger throughput
02/28/2017|1:59:41 PM|
The passenger throughput of airports in China topped 1 billion in 2016 for the first time, up by 11.1% YoY. The Passenger volume of international flights rose 19.3% YoY to more than 100 million in the year.
HNA Group to merge its technology and logistics units
02/10/2017|11:22:32 AM|
HNA Group plans to merge its eco-tech and logistics businesses into a new entity.
Didi Taxi changes name to Didi Travel and adds new logo
09/09/2015|4:46:42 PM|
Didi Taxi announced it officially changed its name to Didi Travel, along the launch of a new brand logo and visual identity (VI) system.
Hotel chain SunMei receives RMB 140 million in B round
12/28/2016|12:51:25 PM|
Hotel company SunMei announced that it has raised RMB 140 million in B round. The company was established in 2009 and was formerly known as Thank Inn.
WeChat innovates Mini Program, hints at travel services
01/09/2017|10:06:26 PM|
WeChat launched in-app service Mini Program (or XiaoChengXu in Chinese) on January 9. The “instant and disposable” service is deemed more suitable for travel companies as their business is more offline oriented and they are visited in app at lower frequencies.
China's top 20 travel groups collectively rake in record income
12/09/2016|3:05:30 PM|
The collective income of China’s top 20 tourism groups this year is 40% higher than last year. The rapid growth is said to be a result of capital-driven mergers and online-offline consolidations.
Taiwan OTA KKday raises $7m in A+ round
12/05/2016|9:30:03 AM|
Taiwan-based online travel company KKday received USD 7 million in series A+ round funding for further expansion in Asia.
Baidu Capital appoints Ctrip's former CSO Jenny Wu as first Managing Partner
11/23/2016|5:34:51 PM|
Baidu Capital appointed Ctrip's former CSO Jenny Wu as its first managing partner. The company will form a dedicated travel industry fund with Ctrip.
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