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eLong sets up special committee to evaluate Tencent’s privatization offer
08/14/2015|3:12:11 PM|
eLong has formed a special committee of three independent directors – May Wu, Shengli Wang and Adam J. Zhao – to evaluate the privatization from Tencent.
Utour acquires 54% stake in Oceania tourism startup Xtx6
07/28/2015|2:34:19 PM|
Utour is taking a 54% stake in Oceania travel wholesaler Xtx6 to tap the potential of the Oceania region and bring long-term benefits to overall profitability.
Chinese carriers more than double US-bound flight capacity in five years
07/20/2015|9:40:44 PM|
Chinese arrivals to the US jumped 50% in the first half of this year spurred by the new visa rule, and 70% more visas are expected to be issued this year.
Breaking News: Group-buy site Meituan to acquire Kuxun from Expedia’s Tripadvisor
07/16/2015|9:43:51 PM|
Meituan has confirmed it will acquire full ownership of online travel platform Kuxun from Tripadvisor to step up its hotel coverage and complete its business range.
Lenovo leads US$24 million investment in overseas Wi-Fi provider Skyroam
07/14/2015|10:02:37 AM|
Skyroam will expand the global coverage of its mobile roaming service, introduce more discounted service packages and more VSIM smart terminals.
CTS and Mangocity merge for O2O integration
06/24/2015|11:54:10 AM|
HKCTS Group has merged its subsidiary CTS with OTA Mangocity with CEO Jinling Li , indicating that HKCTS is taking a big leap towards O2O integration.
Power hungry Chinese car-hire apps turn a blind eye to driver scams
07/09/2015|10:08:44 AM|
As more drivers join a car hire platform, the platform will slowly gain leverage to shut down accounts of scamming drivers, thus reducing scamming.
Non-ticket sales expected to add US$805 million revenue for China Eastern in 3 yrs
06/26/2015|5:05:19 PM|
China Eastern is using new technology to develop value-added customer service that is expected to generate non-ticket sales revenue of RMB5 billion in three years.
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