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China Eastern Airlines plans to spin off logistics business
12/08/2016|10:58:35 AM|
China Eastern Airlines is planning to transfer its stake in wholly-owned subsidiary China Eastern Airlines Logistics Co., Ltd. to another subsidiary of its parent holding company.
China Southern Airlines deepens ties with Travelport
12/07/2016|10:26:13 AM|
Travelport announces a new agreement with China Southern Airlines in which the Chinese carrier will utilize Travelport's digital solutions for fourth consecutive year.
Shiji acquires a majority stake in SnapShot
12/06/2016|6:53:46 PM|
With the additional investment of EUR 17.9 million, Shiji holds 69.07% of SnapShot stock equity.
Taiwan OTA KKday raises $7m in A+ round
12/05/2016|9:30:03 AM|
Taiwan-based online travel company KKday received USD 7 million in series A+ round funding for further expansion in Asia.
House-sharing brand QianSu raises RMB 50 million
12/01/2016|10:52:02 PM|
Homestay startup QianSu announced that it has received RMB 50 million in its latest funding round. ChinaTravelNews learnt that the round had Qunar as one of the investors.
FlightManager’s parent applies for New Third Board listing
12/01/2016|7:41:08 PM|
Shenzhen Huoli Tian Hui Technology, parent company of FlightManager, applied for a listing on the New Third Board.
Fosun spins off travel unit for IPO in 2020
12/01/2016|9:02:17 AM|
China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
Tuniu sells 46.5% more trips in Q3 2016
11/30/2016|7:31:56 PM|
Tuniu sold 46.5% more trips in third quarter of 2016 and narrowed down net loss from RMB 766.9 million in previous quarter to RMB 571.7 million this quarter.
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