Search results for “travel funding”
Annual wrap-up: 12 major travel news events in 2019
12/26/2019|4:42:58 PM|
Buoyed by technological innovations and transformation in consumer demands, the travel sector has soared despite turbulence in the year.
China issues travel warning, Qunar eyes IPO and more this week
01/10/2020|3:00:31 PM|
Major Chinese airlines canceled direct flights to Iran or re-route other flights to avoid the airspaces of Iran and Iraq; UnionPay has attracted 28.5 million merchants outside of mainland China.
Intelligent hotel solution provider Xiezhu Technology lands $37 million funding
01/10/2020|10:48:30 AM|
The company’s solutions are used by 8,000 hotels in China and have helped upgrade 350,000 rooms.
Qunar.com CEO not ruling out independent IPO
01/03/2020|5:41:13 PM|
Qunar's APP has 28.88 million active users, second only to Ctrip, according to an Analysys guide on China's online travel booking market 2019.
WeChat Alliance launched to connect global destinations with Chinese travelers
12/03/2019|2:50:54 PM|
The WeChat Alliance initiative comprises four programs: Destination Service Digitalization, Industry Growth Workshop, Industry Growth Fund and Alliance Summit.
Trip.com Group invests in business lounge operator DragonPass
12/25/2019|9:48:55 AM|
DragonPass generated revenues of 1.1 billion yuan in 2019, representing a compound annual growth rate of 40% compared to three years ago.
Hotel data operator Htrip secures RMB 100 million in A+ round funding
11/21/2019|6:01:24 PM|
As of October 2019, Htrip has formed strategic cooperation with 34 out of the top 100 domestic hotel groups.
Trip.com-backed homestay operator Sweetome gains investment from Airbnb
12/04/2019|6:40:05 PM|
Sweetome’s stakeholders now include Trip.com Group, Airbnb, 58.com Inc and Expedia.
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