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EQT to create new European tourism group with Kuoni takeover
02/12/2016|12:54:05 AM|
Swedish private equity firm EQT aims to create a new European tourism group with the agreed takeover of Kuoni and possible purchase of TUI's Hotelbeds unit.
Bus ticket platform 12308 raises US$7.8 million to launch O2O coach service
11/05/2015|5:05:30 PM|
Bus ticketing platform 12308 has received an investment worth RMB50 million from China Transinfo to help its plans to offer O2O long-distance coach service.
Uroaming raises over $10 million to expand outbound e-commerce services
11/12/2015|10:13:09 AM|
Uroaming, an overseas WiFi service rental platform, announces today that it has raised over $10 million Series A+ funding from Steamboat Ventures and existing investor New Enterprise Associates.
Weimob gets C Series financing led by HNA Group
11/11/2015|10:27:22 AM|
Wechat’s third-party service provider Weimob announced it has already raised RMB500 million of the two billion yuan targeted for its C Series financing.
Ctrip uncontested after merging with Qunar
10/27/2015|10:01:40 AM|
As the final chapter of the bitter rivalry between Ctrip and Qunar ends, the next question to consider is: Who will be the next challenger to an all-powerful Ctrip?
Chinese visitors to Britain up 33% in Q2
10/23/2015|11:33:31 AM|
Great Britain’s efforts to attract more Chinese visitors paid off with visitor numbers between April and June this year up 33% y-o-y, according to official statistics.
Expedia sees a bright future in China
02/01/2016|11:41:47 AM|
Expedia has a two-fold approach for each and every market. Firstly, building own brands organically and secondly, partnering with strong local brands. Currently,the company is looking at optimizing marketing mix, looking at new payment options other than Alipay and also sharpening hotel content via contracting as well as tie-ups with local OTAs.
LY.com gains access to Taiwan tours through Nantong Huihuang Travel acquisition
10/30/2015|10:23:02 PM|
LY.com has announced it has acquired a majority stake of Nantong Huihuang Travel for an undisclosed sum and gains access to Taiwan tour operations .
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