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Amadeus gears up for a bigger chunk of China’s travel pie
06/07/2016|10:13:58 AM|
Amadeus has made significant headway in China, both with its distribution and IT solutions. The group has diligently aligned itself to experience the benefits of further deregulation steps.
Online short-term rental platform Iyumi raises RMB 100 million
06/07/2016|9:25:46 AM|
Online short-term rental platform Iyumi (“寓米短租”) , which operates iyumi.com and Share Man Apartment and has cooperated with nearly 200 well-known property developers, announced that it has raised RMB 100 million.
Establishing a data-driven digital platform for Chinese travellers
06/06/2016|1:38:31 PM|
Foreign hotel brands’ digital assets are increasingly looking at offering a flexible and personalized experience to Chinese travellers, even learning from other Chinese websites in addition to their own proprietary findings.
Rruu.com receives RMB 15 million in series A round
06/06/2016|9:40:41 AM|
Outbound O2O platform Rruu.com has raised RMB 15 million in its series A round, in which Lenovo's investment unit LeFund is the lead investor, and angel-round investor Initial Capital follows.
Biqu gets capital injection from Meituan-Dianping
06/06/2016|9:39:37 AM|
Air ticket direct sales platform Biqu has secured an undisclosed sum in the latest financing round that has Meituan-Dianping as the lead investor.
Outdoor product brand Toread raises RMB 1,270 million
06/03/2016|4:54:53 PM|
Outdoor product brand Toread has completed its private placement to raise RMB 1,270 million to fund the development of its cloud-based programs, outdoor exercise O2O platforms, outdoor product e-commerce programs and outdoor safety service platforms.
Yitu8.net receives more than RMB 20 million in series A+ round
06/03/2016|12:05:27 PM|
Outbound chauffeured service platform Yitu8.net claimed to net more than 60,000 orders monthly, generating as much as RMB 20 million per month, and has so far serviced 1.2 million Chinese travelers.
China Southern to replace commission and overrides by flight segment fee
06/02/2016|6:57:24 PM|
China Southern Airlines, Asia’s largest carrier by fleet size, plans to replace Z Value commission and rebate with fee per flight segment for domestic ticketing agents, effective July 1.
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