Search results for “product launch”
Hemei to buy 60% of travel platform Xintu for 80 million yuan
03/15/2017|11:01:51 AM|
Hemei Tourism, a subsidiary of trading and tourism company Hemei Group, plans to spend RMB 80 million to acquire a 60% stake in Shanghai Xintu, on which B2B travel platform Tripb2b will build a new platform.
Expedia's gross bookings rise 21% in 2016
02/09/2017|7:37:11 AM|
Expedia reported gross bookings of USD 72.43 billion in 2016, up by 21% YoY. Revenue rose 32% to USD 8.77 billion and net income attributable to the company was USD 281.8 million in the time.
Corporate travel company Meiya raises RMB 120 million
01/17/2017|7:02:47 PM|
Air distribution and business travel company Meiya received RMB 120 million in its series A round. The funding was supported by Fortune Capital and a fund inaugurated by China’ Ministry of Finance.
Taiwan OTA KKday raises $7m in A+ round
12/05/2016|9:30:03 AM|
Taiwan-based online travel company KKday received USD 7 million in series A+ round funding for further expansion in Asia.
Ctrip funds consumer finance company ShangCheng
11/29/2016|9:32:52 AM|
Ctrip has joined a group of investors including Bank of Shanghai to set up ShangCheng Consumer Finance. The bank has finance expertise while the OTA can contribute online data.
World’s first smart suitcase enters China
10/24/2016|1:46:53 PM|
ChinaTravelNews talks exclusively with Diego Saez Gil, Bluesmart Inc.’s CEO on the smart suitcase industry and what it takes to enter the burgeoning Chinese travel market.
Ctrip invests in test-tube baby service provider IVF USA
11/23/2016|10:24:26 AM|
The strategic investment in test-tube baby technology provider enriches Ctrip’s medical travel contents and enables the OTA to get a stronger control on destination resources.
Fosun spins off travel unit for IPO in 2020
12/01/2016|9:02:17 AM|
China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
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