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Kuoni responds to digitalisation, China a key market in new scheme of things
05/30/2015|9:18:46 PM|
As a B2B specialist, Kuoni is looking at several opportunities, including capitalizing on the capabilities of different partners in China in order to increase the visibility of its offerings.
RMB devaluation to have limited immediate effect on tourism
08/13/2015|6:16:06 PM|
Although outbound tourism will be adversely affected by the RMB’s exchange rate if it continues to fall, immediate effects are expected to be limited.
CAR Inc claims it will lead the chauffeur service segment within 6 months
04/01/2015|3:45:19 PM|
CEO Zhengyao Lu said: “We will invest at least RMB2.5 billion to attract new customers at the beginning and we have unlimited cash reserves to continue.”
Australia to launch 10-year tourist visa for Chinese visitors in late 2016
07/01/2015|12:39:57 PM|
Australia announced it will start issuing tourist visas with 10-year validity to Chinese visitors on a trial basis at the end of 2016.
MOC investigates accusations of monopoly, puts pressure on Ctrip- eLong “partnership”
06/04/2015|10:20:10 AM|
The MOC still must investigate whether or not the Ctrip and eLong link up amounts to a monopoly.
Tempus Global to raise US$257 million in private offering to boost travel ecosystem
06/04/2015|9:50:49 AM|
Tempus Global will make a private offering of up to 70 million shares to raise up to RMB1.598 billion from five specified buyers.
Apartment rental QK365 receives US$29 million in Series B financing
06/01/2015|9:14:05 PM|
Shanghai-based apartment rental service QK365 announced it received a funding of RMB180 million (approx: US$29 million) in its Series B financing round.
Overseas destination startup Haiwan gets Series B financing to start group buy abroad
06/08/2015|7:11:08 AM|
Haiwan’s transactions are much larger compared with domestic groupbuy transactions as consumers are not as price conscious when purchasing abroad.
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