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eLong reports 94% growth in domestic hotel network in Q3 2015
11/19/2015|2:08:43 PM|
Net revenues for the third quarter increased 2% to RMB307.2 million (US$48.3 million), compared to RMB301.5 million in the third quarter of 2014.
Four major groups form “China Hotels of the Future” hotel alliance
11/19/2015|10:10:51 AM|
The “China Hotels of the Future Alliance” has been jointly formed by Greenland Group, Hainan Airlines，ZTE Corp and Taihe-Atour Hotels.
China's Airbnb Zhubaijia raises US$31 million
08/13/2015|10:21:00 AM|
Overseas short-term rental platform Zhubaijia announced it raised almost RMB200 million in its B Series financing round.
Shanghai aims to become third busiest aviation hub in the world by 2020
12/30/2015|11:12:16 PM|
Shanghai Pudong International Airport has officially embarked on its third construction phase to build a satellite hall for the airport that is scheduled to be completed in 2019.
Golf booking platform Cloud Computing Golf lists on the New Third Board
08/18/2015|6:12:04 PM|
Cloud Computing Golf has a popular golf course booking app that has 240,000 downloads and 138,000 users. It also just listed on the New Third Board.
Letv Auto acquires 70% stake in Yongche
10/21/2015|5:34:04 PM|
Letv Auto will acquire a 70% stake in Yongche to completed the service loop of its Smart Car project.
Travel O2O ecommerce platform Ilvyou raises US$8.6 million in A Series financing
10/21/2015|4:41:53 PM|
Travel wholesale ecommerce and O2O platform Ilvyou announced it received RMB55 million in its A Series financing round, from lead investor CHC Capital.
MOC to inquire antitrust claim against Ctrip-eLong
08/21/2015|8:54:50 AM|
China’s Ministry of Commerce has arranged a meeting with Ctrip and related parties to inquire the case against Ctrip under anti-monopoly and fair trade rule.
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