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Time for Chinese hotels to gear up for dynamic pricing
03/22/2016|11:08:55 AM|
In China, travel companies are still predominantly working on static rates. In fact, some of the Chinese OTAs work on this model too.
Payments in China – it’s about dealing with a multitude of options
03/21/2016|11:19:47 AM|
In today’s world of instant gratification, the experience during the check-out can make or break their business. Besides, there are multiple factors that airlines, hotels, OTAs and other travel e-commerce organizations need to deal with in order to ensure a transaction goes smoothly in the multi-channel, multi-device environment.
Ctrip’s story isn’t just about growth, margins too coming into the picture
03/19/2016|11:20:10 AM|
Post consolidation in the OTA space, Ctrip is not only focused on its market share and GMV, but it also looking at hiking the overall margin to improve the financial performance.
CAR Inc. solidifies its position, entry barriers get stronger too
03/18/2016|11:12:19 AM|
As debt financing, vehicle purchasing and setting up operations and a brand get tougher in auto mobility, CAR believes its current position is quite strong at this juncture.
Caissa joins HNA investment companies in RMB 1.2 billion LeSports funding
03/17/2016|11:13:15 AM|
Caissa Touristic plans to inject RMB 600 million in Jiaxing Fund and become a limited partner of the fund set up by investment subsidiaries of HNA Group. The fund plans to invest RMB 1.2 billion on funding sport shows online service LeSports.
Taiwan OTA KKday raises USD 4.5 million in A-round funding
03/17/2016|11:13:01 AM|
KKday, a Taiwan platform for independent travel, has received USD 4.5 million for its A-round funding. The funding will be invested in developing its presence in Southeast Asia.
UTour may gain 10% shares plus a board seat in Ctrip's vacation business
03/17/2016|9:33:15 AM|
UTour and Ctrip will undertake cross-shareholding of 10% stake in each other and the former might acquire a board seat in the latter's holiday unit after the UTour acquires Huayuan.
UCAR becomes controlling shareholder of CAR Inc. after shares transfers
03/16/2016|10:09:54 PM|
Following share transfers from Hertz Holdings and the management of CAR Inc. to UCAR, the chauffeured service provider will become the largest shareholder of CAR Inc.
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