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CTS and Mangocity merge for O2O integration
06/24/2015|11:54:10 AM|
HKCTS Group has merged its subsidiary CTS with OTA Mangocity with CEO Jinling Li , indicating that HKCTS is taking a big leap towards O2O integration.
Sabre bolsters Asia-Pacific team with two new appointments
06/24/2015|10:58:15 AM|
Sabre strengthens regional team in preparation of Abacus takeover and to highlight importance of North Asia and China markets
Plateno Group restructures brand categories and plans A share listing
06/24/2015|10:06:24 AM|
Plateno Group is doing structural reorganization and brand integration and is now looking for an opportunity to make an A share listing.
B2B travel platform Zmyou raises US$8 million in Series A financing
06/24/2015|10:04:47 AM|
Zmyou received an A Series investment worth RMB50 million, bringing the company’s estimated value to RMB300 million,
B2B ticket seller Piao Guanjia raises US$4.8 million in Pre-A financing
06/23/2015|10:09:10 AM|
B2B ticket sales service Piao Guanjia announced it received RMB30 million of Pre-A round investment from three independent investors.
Alibaba forms local lifestyle platform JV with Ant Financial
06/23/2015|10:08:56 AM|
Both parties will invest RMB3 billion in the Koubei platform that will leverage Alibaba’s gourmet platform and Ant Financial’s offline operations and management.
Portofino Hotels pushes into SEA after Europe ventures
06/18/2015|6:19:50 PM|
Plateno Group’s Portofino Hotels announced the launch of luxury seaside resort hotel projects in Boracay in the Philippines and the Maldives.
HNA acquires 15% of US Red Lion Hotel to expand in North America
06/18/2015|10:11:38 AM|
HNA's acquisition price was not disclosed but estimates based on Red Hotel’s US$7.21 share price at the end of trading on Tuesday put it at US$21.5 million.
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