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Search results for “startup funding”
OTA giant invests in PMS provider; payment startup raises $160M | Daily Brief
04/16/2020
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6:24:56 PM
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Hundreds of hotels in Wuhan call for government aid after voluntarily providing free rooms to medical workers battling coronavirus; Cathay Pacific carried 90% fewer passengers in March.
SoftBank-backed Getaround looks for a buyer as demand evaporates
04/07/2020
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4:57:55 PM
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Getaround and the broader car-sharing industry had been facing challenges even before the pandemic.
Activities booking unicorn Klook acquires car rental firm Huizhuche
04/02/2020
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3:26:04 PM
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A source told ChinaTravelNews that Klook spent less than USD 10 million in its acquisition of Huizhuche, a price tag much lower than the car rental firm's claimed value after its series B round.
Alibaba backs Israeli travel startup; Klook buys car-hire firm | Weekly Review
04/04/2020
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10:14:48 PM
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Chinese airlines rescheduled their international flights after national regulators decided to limit the number of international flights to curtail imported COVID-19 cases.
Klook buys car rental firm; Chinese airlines confident of ‘triumph’ | Daily Brief
04/02/2020
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11:56:53 PM
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Global mobile payment solution provider Ksher said it has secured millions of US dollars; China’s airlines see only a short-term hit from the coronavirus outbreak.
AI travel assistant startup Eddy Travels closes €1.1 million pre-seed round
04/13/2020
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1:47:07 PM
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Eddy Travels has increased its user base from 100,000 to nearly two million in a few months before the outbreak of coronavirus.
IHG sees occupancy rise in Greater China; Chinese airlines have lost $3.1B | Daily Brief
03/24/2020
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11:09:30 PM
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The gradual resumption of business in China has not helped domestic airlines make ends meet; Tokyo Olympics is postponed to 2021.
OTA boss advises mobile tech to fight virus; Marriott sees recovery in China | Weely Review
03/21/2020
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5:38:25 PM
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Asia's largest online travel group expects its net revenue to drop by nearly half in Q1; China's air regulator moved to divert incoming international flights from Beijing to elsewhere.
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