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B2B online hotel direct sales platform Ziztour completes an eight-digit series B round
07/08/2016|9:13:16 AM|
Ziztour, a B2B online hotel direct sales platform, has completed an eight-digit series B round led by LB Investment, a Korean private equity firm, and joined by Legend Capital (“君联资本”) and Cheng Lan Capital (“城蓝资本”).
Zhubaijia announces RMB 500 million private placement plan
07/07/2016|10:54:06 AM|
China's home-rental Zhubaijia plans a private offering of less than 23,397,300 shares at around 21.37 yuan to 35.61 yuan per share, to raise RMB 500 million.
Ctrip becomes China Eastern’s fifth largest shareholder after RMB 3 bn investment
07/06/2016|10:05:19 AM|
China Eastern Airlines has raised RMB 8.548 billion in a private placement and Ctrip has become the carrier’s fifth largest stakeholder after taking 3.22% for RMB 3 billion.
MICE platform Eventown completes a new round of investment
07/05/2016|6:49:56 PM|
MICE venue search portal and online one-stop-service platform Eventown Group announced on July 1 that it has completed a third round of funding worth over RMB 100 million led by Harvest Capital and joined by its existing investors.
Atzuche raises over RMB 100 million in series B+ round
07/05/2016|10:34:30 AM|
P2P car rental Atzuche has received more than RMB 100 million in its series B+ round.
Chinese ride-sharing company UCAR reaps 260,000 bookings per day in Q1 2016
07/05/2016|10:15:02 AM|
Chinese ride-sharing company UCAR received more than 260,000 bookings per day on average in the first quarter of 2016, and cost per booking was declining.
Alitrip, Ctrip remove agents’ listings of international flights
07/01/2016|10:07:07 AM|
Air ticketing in China has turned over a new leaf when four major carriers started to prohibit air ticketing by agents on third-party booking platforms.
Chongqing bids for Disney Resort project in western China
06/29/2016|2:47:21 PM|
Chongqing is actively wooing the Walt Disney Company, which has been considering building parks in central or western China even before work on the Shanghai park began.
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