Search results for “online business”
Tujia targets 15 billion yuan in GMV by 2019
11/05/2018|10:50:28 AM|
The short term rental category in China is “burning” a lot of money at this stage. But, as Tujia’s CFO Warren Wang points out, things are expected to change considerably for the company over a period of next two years.
Chinese take 140 million outbound trips, OTAs adapt apps to new rule, and more
01/12/2019|3:19:16 PM|
Nearly 7 million Chinese will travel abroad for the upcoming Chinese New Year; $12.4 billion is to be pumped into civil aviation infrastructure this year; and China Railway will add 3,200 kilometers of high-speed rails in the country.
Germany Pavilion debuts at ITB China 2019
10/15/2018|3:54:24 PM|
The VIR (Verband Internet Reisevertrieb) is organising a combined stand for tourism companies from Germany at ITB China 2019 – The German National Tourist Board, Solamento and Sunny Cars already confirmed their participation.
Airbnb’s grand travel ambitions could be taking a detour
12/21/2018|9:49:14 AM|
Airbnb is interested in potentially managing diverse property types that would blend well with homesharing. The investments in property management companies may one day lead to Airbnb developing its own property management unit or brand.
Chinese OTA Tuniu leads 40 million yuan funding for outdoor event platform Tourye
12/10/2018|3:12:08 PM|
Travel products booking fees, sports equipment and advertising services are the three major revenue streams for Tourye, and travel product booking revenues make up more than 90% of total.
Qunar.com sets up RMB 30 million Desert Fund to groom internal startups
12/20/2018|11:55:45 AM|
Many entrepreneurs are leaving innovation hub Beijing Zhongguancun to join leading enterprises to start their business as an internal division.
Does Zuji’s demise signal the ebbing of HNA’s OTA play?
11/30/2018|5:43:50 PM|
Zuji is not the first OTA acquired by HNA Group to struggle for survival, as it became apparent that HNA’s ambitious global expansion in recent years made it difficult for the group to build a viable ecosystem.
Ctrip embarks on hotel operation, Xiaozhu gets $300 million funding, and more
10/18/2018|8:22:02 AM|
High-speed railway passenger volume increased by more than 50% year-on-year during China’s National Day holiday, Airbnb rival Xiaozhu has pocketed $300 million for beefing up security and services.
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