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Foreign players wary of B2C model, but B2B remains an attractive proposition
12/14/2015|6:47:51 PM|
Anyone can sell the way China’s local intermediaries have shaped up their selling platforms. It’s virtually a B2B2C model today, and foreign OTAs are keen on tapping it for outbound segment
Watch out for Qunar’s “mobile plus hotel direct” focus
11/26/2015|12:37:36 AM|
Qunar believes its growing mobile user base as well as the strengthening of its hotel content will pave way for further boost in the “commission rate” of its hotel business
eLong reports 94% growth in domestic hotel network in Q3 2015
11/19/2015|2:08:43 PM|
Net revenues for the third quarter increased 2% to RMB307.2 million (US$48.3 million), compared to RMB301.5 million in the third quarter of 2014.
CAR Inc. reports huge increase in profit for Q3
11/18/2015|10:28:36 PM|
Rental revenue was RMB3,214 million, an increase of 50% y-o-Net profit was RMB1,001 million, compared with RMB327 million in the same period of 2014.
Hilton aims to have three times its current presence in China in five years
11/24/2015|6:16:48 PM|
Global hotel giant Hilton is expanding in unprecedented haste in China in the face of the relentless advance of Marriott Group in the greater China region.
eHi makes right moves, achieves bottom line profitability
11/24/2015|3:17:53 PM|
eHi is banking on its mobile infrastructure as well as its association with Ctrip for stepping up the contribution of digital bookings.
Tencent to complete US$1 billion investment in Meituan-Dianping
11/03/2015|10:13:42 PM|
Tencent will soon complete an investment of US$1 billion in the newly merged Meituan-Dianping. The new company’s is valued at US$20 billion.
Volunteering travel platform Hive gets US$6.5 million financing
11/17/2015|10:12:34 AM|
Volunteering and travel platform Hive announced it received a US$6.5 million financing led by CDH Fund and Will Hunting Capital.
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