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Southeast Asia benefits from Chinese visitor fallout in Japan and South Korea
08/21/2017|8:52:46 AM|
Southeast Asian countries were the major beneficiary of Chinese tourism fallout in South Korean in the first half of 2017, as the destinations share similar pricing ranges, travel duration and customer base.
How will OTAs cash in on the search windfall of WeChat?
09/30/2017|10:10:37 AM|
WeChat has replicated Baidu’s formula in creating the volume of flow with its searching function, but its advertising model on Tongcheng, eLong and other advertisers remains to be seen.
Outward bound and travel platform Hiyo completes a ¥14 million angel round
09/29/2017|1:43:13 PM|
Targeting young travelers, Hiyo develops its products around the concept of “minimal transportation, short distance”, and plans its content around socializing, relaxation and entertainment.
Spring Airlines reports operating revenue of RMB 5.065 billion in H1 2017
08/17/2017|7:13:48 PM|
Spring Airlines reported operating revenue of RMB 5.065 billion in H1 2017, up by 28.1%. Net income was RMB 554 million, down by 25.15%. Ancillary revenue increased by 23.6% to RMB 409 million.
Homestay management platform “Ebnb” raises RMB 20 million
08/15/2017|11:54:56 AM|
Ebnb applies its specialized management capabilities to standardize the quality of homestay hardware and service in answer to prevalent issues of C2C homestay platforms.
Tongcheng and eLong said to have entered into a new round of strategic cooperation
08/11/2017|11:50:16 AM|
China Travel News has learned that Tongcheng and eLong have entered into a new round of strategic cooperation.
OTA LY.com to invest US$233 million to enter the online financial sector
12/08/2015|10:01:12 PM|
Chinese OTA LY.com is entering the financial sector by launching a checking financial product, Tong Tong Bao, on December 18.
Outdoor sports platform 117 Sport closes the Pre-A round financing
09/21/2017|8:57:46 AM|
China’s outdoor sports platform 117 Sport has raised tens of millions of yuan in its Pre-A round of financing. The lead investor was Beethink.
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