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Transaction platform Shoukeyi announces A round of strategic investment
08/28/2017|11:20:03 AM|
Cloud-based travel distribution platform Shoukeyi has acquired tens of millions of yuan in its A round of financing from ChunXiao Capital.
Rentalcars riding on momentum of China’s outbound travel
08/24/2017|4:34:35 PM|
Eyeing China's growing outbound tourism, Priceline's ground transport unit Rentalcars has set up its service in the country to work with local OTAs and plan partnerships with the Chinese airlines.
Homestay booking site OneHome closes A+ round financing
07/28/2017|3:49:50 PM|
Homestay reservation platform OneHome claimed to have so far completed three rounds of financing, aiming at the homestay booking market for Chinese travelers abroad.
Travelport enables instant mobile hotel-booking for disrupted air passengers
07/18/2017|2:23:34 PM|
Travelport's new technology lets passengers use mobile devices to instantly select and book hotel rooms when flights are cancelled or delayed.
Wanda Group sells 13 projects, 76 hotels to Sunac for $9.3 billion
07/10/2017|4:14:26 PM|
Chinese conglomerate Dalian Wanda and property developer Sunac China jointly announced on July 10 that Sunac will acquire 13 Wanda cultural tourism projects and 76 Wanda hotels for RMB 63.17 billion (USD 9.3 billion).
Fliggy enters tailored travel field with strategy on creating travel design ecosystem
06/05/2017|7:03:15 PM|
Alibaba’s travel brand Fliggy has announced a strategy on building a travel design ecosystem and introduced five new products lines.
Bike-sharing firm Ofo raises $700 million in E round, backed by Alibaba
07/06/2017|6:11:42 PM|
China's bike-sharing platform Ofo announced that it has received more than USD 700 million in its series E round funding. The round had Alibaba, Hony Capital and CITIC as the lead investors and also involved Didi Chuxing and DST.
Chinese OTAs open up to new ways of distribution connectivity and integration
07/04/2017|9:50:52 AM|
Emirates' decision to make their offerings available for booking on Alitrip (Fliggy) via an NDC API indicates the readiness of intermediaries in China to embrace new developments.
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