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Spring Airlines rides on lucrative international operation to challenge Air Asia
03/25/2015|9:08:53 AM|
Spring Airlines is set to increase its total capacity for international flights from 20% in 2014 to 30% this year, and Air Asia as its international operation expands.
Luring Chinese for international travel – a game that is getting bigger and bigger
03/26/2015|7:24:39 AM|
Foreign tourism boards are trying to capitalize on this opportunity as international travel is increasingly getting more accessible for Chinese households.
Despite economic growth Chinese immigration remains at record high
03/20/2015|9:45:15 AM|
Concerns about the Chinese economy, environment and education is contuing to fuel demand for Chinese immigration.
Outbound Chinese tourism expenditure to reach US$264 billion in five years
03/13/2015|2:32:23 PM|
By 2019 the number of Chinese tourists will total 174 million spending US$264 billion, up 60% from 2014.
Top Chinese hotel IT operator AMTT raises US$32 million
04/16/2015|3:19:41 PM|
This financing round will bring high growth for AMTT, its products and service applications are used in a million hotel rooms in China.
O2O payment service Yeepay gets investment from TA Associates
03/18/2015|2:36:32 PM|
Global private equity fund TA Associates announced it invested an undisclosed amount in Chinese payment service Yeepay.
Uber and Yongche reportedly mull merger
03/12/2015|2:47:45 PM|
Uber and Yongche are said to be discussing a possible partnership in a struggle to survive in the Chinese taxi app market.
P2P Car rental UUzuche raises US$10 million Series A+ funding
03/16/2015|2:31:30 PM|
UUzuche announced it received US$10 million funding from China’s largest car service and sales website BitAuto in its plus-A Series financing.
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