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Major US carriers intensify route deployments in China
06/29/2016|9:59:16 AM|
Three American airline giants are stepping up route plans in China, making airports of the world’s second largest economy increasingly important as Asia‘s aviation hubs.
Tripvip raises millions of yuan in series A round
06/28/2016|10:15:16 AM|
Tripvip announced that it has received millions of yuan in its series A round. The outbound destination startup offers select and personalized itineraries.
Ctrip estimates Shanghai Disney will generate RMB 33 billion annual revenue
06/27/2016|6:56:14 PM|
Visitors spent an average of RMB 2,219 at Shanghai Disney Resort, and the Resort would generate RMB 33 billion annual revenue, if annual admission reaches 15 million.
eLong wins hotel booking portal of WeChat Wallet
06/24/2016|10:01:29 AM|
In the midst of its privatization for a domestic listing, eLong recently got its hotel reservation service listed on WeChat Wallet.
Poly Real Estate plans to invest RMB 2.5 billion in Didi
06/23/2016|10:50:36 AM|
Poly Real Estate will purchase 1.46% shares of Didi for less than RMB 2.5 billion. This puts the ride-share giant’s worth at about USD 26 billion. However, other data indicate that Didi may be worth at least USD 27.6 billion.
China’s traveltech charts its own course, direct connect being a prime example
06/23/2016|10:38:51 AM|
NDC is still a work in progress in China. But the likes of Alitrip, in conjunction with domestic carriers, have shown that blending mobile retail commerce and home-grown API is a prudent way.
Booking.com forges ahead with laser-sharp focus in China
06/23/2016|10:38:30 AM|
China continues to witness lot of action in the distribution space, but Booking.com intends to chart its course for organic growth in an assiduous manner.
China Lodging and Vanke back SimplyWork in series A round
06/22/2016|11:51:18 AM|
Office-sharing platform SimplyWork announced that the company has raised RMB 30 million in its series A round. The round had China Lodging Group, Vanke and IDG Capital as investors.
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