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Travelport unfazed by limited penetration in China, hopeful of bright future
08/12/2016|4:48:35 PM|
Travelport is confident of delivering sustainable growth in the coming years, but it is still waiting for the regulatory environment to open up in China.
Can business travel thrive in the sharing economy?
09/02/2016|8:24:14 PM|
China's sharing economy still has a long way to go in terms of trust.
Data mining emerges as a key differentiator in B2B domain
06/15/2016|10:37:29 AM|
Tourico’s burgeoning data mining initiative is helping Chinese intermediaries in improving upon their product offering by evaluating travel booking behavior. A detailed look at how business intelligence is paving way for competitive edge in the B2B domain.
UCAR posts order growth, narrows net loss in H1 2016
08/24/2016|10:54:50 AM|
UCAR’s revenues rose 624% to RMB 2.32 billion in the first six months of 2016. Car-hailing orders climbed 283% to 55.34 million during the time.
UTour acquires a Japanese ground handler
09/02/2016|9:38:51 AM|
Outbound-tour operator UTour announced its strategic acquisition of a Japanese ground handler to explore the independent travel to Japan.
UTour’s outbound wholesale revenue climb 59% in first half of 2016
08/22/2016|9:56:02 AM|
UTour’s operating revenue grew 41.99% to RMB 4.453 billion in first six months. Revenue from its outbound wholesale business was RMB 3.43 billion, up by 59.03% YoY.
Octopus receives RMB 170 million in B round backed by Tempus Global
08/25/2016|10:46:42 AM|
A Tempus Global-led group planned to inject RMB 170 million into Octopus. Tempus Global will acquire a 4.17% stake in Octopus for RMB 50 million.
Crowd funding platform Duocaitou.com completes an eight-digit Pre-A round
08/10/2016|9:29:42 AM|
Duocaitou.com, a crowd funding platform for boutique hotels and home rental, has completed its Pre-A round financing that raised an eight-digit sum from three venture capital firms – Share Capital, Innovation Angel Funds and Shunwei Capital Partners.
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