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P2P car rental platform Atzuche raises almost US$47 million in B Series financing
11/30/2015|12:29:40 AM|
Atzuche received RMB300 million in a B Series financing from investors including CPIC, Ivy Capital, Hearst Ventures, Matrix Partners China and Ce Yuan Ventures.
Chinese arrivals to Korea resume double-digit growth
11/30/2015|12:28:22 AM|
Chinese visitor spending Korea has recovered from the a low point during the MERS scare and is showing strong growth once again.
Uber China to invest US$985 million for expansion and new carpool service
11/27/2015|3:25:02 PM|
China has completed a B Series financing from investors including Baidu, China Taiping Insurance and Hainan Airlines.
China Eastern Airlines Targets London with UK Ad Push
11/27/2015|9:40:19 AM|
One of China’s major airlines, China Eastern, is targeting the UK market with a new campaign coordinated by Media Agency Group,
Shiji Information takes 50.51% of eFuture Information for US$16 million
11/27/2015|12:33:29 AM|
Shiji Information (Hong Kong) has forked out US$16.7505 million to acquire 2.454 million ordinary shares of eFuture Information Technology at US$6.826 per share.
Six Chinese hotel groups form joint network
11/26/2015|12:38:41 AM|
Huatian Hotel Group, New Century Hotels and Resorts, Celebrity City Hotels, New Beacon Hotel Group, Shuguang Hotel Group and GDH set up Zhejiang Lashou.
China will invest US$77.9 billion to build 58 airports
11/26/2015|12:38:20 AM|
A total of 178 new airports are under construction in the Asia Pacific region as of June 2015 and China accounts for a third of those projects.
Watch out for Qunar’s “mobile plus hotel direct” focus
11/26/2015|12:37:36 AM|
Qunar believes its growing mobile user base as well as the strengthening of its hotel content will pave way for further boost in the “commission rate” of its hotel business
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