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Didi Bus now available on the Didi Kuaidi app after successful trial
10/21/2015|5:39:18 PM|
Didi Bus announced that direct search of its routes and ride booking service is now available on the Didi-Kuaidi app.
Letv Auto acquires 70% stake in Yongche
10/21/2015|5:34:04 PM|
Letv Auto will acquire a 70% stake in Yongche to completed the service loop of its Smart Car project.
Travel O2O ecommerce platform Ilvyou raises US$8.6 million in A Series financing
10/21/2015|4:41:53 PM|
Travel wholesale ecommerce and O2O platform Ilvyou announced it received RMB55 million in its A Series financing round, from lead investor CHC Capital.
Letv invests in Yongche’s D Series financing to become major shareholder
10/21/2015|12:24:39 PM|
Yongche has revealed t has completed a D Series financing round and will restructure its shareholding structure to make Letv its largest shareholder alongside Ctrip.
Priceline increases its stake in Ctrip to 12.63%
10/21/2015|11:11:11 AM|
Priceline purchased from 5,600 to 129,200 of Ctrip’s ADS which brings Priceline’s holdings stake in Ctrip up to 12.63% in total.
Global players attracted to China’s cruise market with over 50% annual growth
10/20/2015|11:29:07 AM|
China’s cruise industry is booming and global cruise giants like Carnival Corp about upcoming strategic deployments in the China.
Alitrip links up with Sina Travel to create content-based travel ecosystem
10/20/2015|11:28:04 AM|
Alitrip has announced it is forming a partnership withTravel Sina to combine Alitrip’s powerful platform with Weibo’s content data.
Meituan and Dianping to seek up to US$3 billion in financing
10/20/2015|11:27:33 AM|
Group buy platform Meituan and ratings platform Dianping are seeking to raise US$2-3 billion from investors.
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