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Children outdoor activities company BBZTX closes ￥20 million B round financing
11/27/2017|4:17:55 PM|
Children outdoor activities company BBZTX has received more than ￥20 million in its B round financing. The company presently maintains a presence in 20 cities with annual revenues of nearly ￥40 million.
Lufthansa counts on NDC XML API to run flagship stores in China
11/27/2017|11:03:21 AM|
The Lufthansa Group intends to capitalise on the growing reach of Alibaba and other ecosystems. The complexion of digital commerce can change in the next few years in China.
Outdoor tech metacommunity FunPilot raises millions of yuan in angel round
11/24/2017|5:00:28 PM|
Outdoor tech metacommunity FunPilot has raised millions of yuan in an angel round of financing, after receiving RMB 700,000 from Hofan Capital in a seed round.
Ctrip extends ground services in partnership with Big Bus Tours
11/24/2017|1:40:51 PM|
The competition in ground transportation and catering services at tourist destinations will be more intense as OTAs tap into a wider range of destination resources.
Meituan Travel unveils air ticketing strategy a year after acquiring Flightroutes24
11/23/2017|8:49:10 AM|
Meituan has seen more than three-fold increase in air ticketing transactions so far this year, and the number of paid air tickets transacted on the site increased by more than 340% year on year.
Travel platform Zoomdu secures tens of millions of yuan in financing
11/22/2017|9:37:42 AM|
Travel service platform Zoomdu has secured tens of millions of yuan in its A round of financing. The funds will mainly be used to promote its App "FindYourGuide".
China’s tourism contributes more than 10% to GDP and employment
11/21/2017|4:56:51 PM|
According to CNTA, the total revenue in tourism increased by 13.6% to RMB 4.69 trillion, and the tourism industry in China has contributed RMB 8.19 trillion or 11.01% to GDP in 2016.
Tencent, HNA back Yunji Technology’s 8-digit A round financing
11/21/2017|1:35:52 PM|
Yunji robots have served 160,000 users from hundreds of institutions in 55 cities across 25 provinces, accumulating an operating distance of 28,000 kilometers by October 2017.
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