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Didi-Kuaidi gets a US$142 million investment from Sina Weibo
05/27/2015|10:30:54 AM|
One of China’s most popular microblogs Sina Weibo is investing US$142 million for an as yet undisclosed equity share in Didi-Kuaidi on May 27.
Tuniu targets a bigger service network expansion post $500m investment
05/26/2015|7:40:53 PM|
Tuniu is banking on its decision to expand regionally, and this is being accelerated post JD.com’s decision to be the largest shareholder in the company.
China brands special part 1: Airlines - Premiumization and trust
05/26/2015|12:02:44 PM|
Part of a three-part special series, ChinaTravelNews takes a look at the Travel industry brands that made the list. Part 1 takes a look at airlines, seeing as four of China’s largest carriers have made the list.
UK visa policy blamed for first decline in Chinese arrivals in five years
05/26/2015|10:34:09 AM|
The number of Chinese visitors to Britain fell for the first time in five years last year, although total visitor arrivals went up by 5.2%.
New trends in Chinese luxury shopping and overseas spending
05/26/2015|10:34:00 AM|
While visitors expenditure in Europe in April was up 40.4% y-o-y, it paled in comparison to the 93% increase in other regions.
China’s carriers accelerate international operation expansion
05/26/2015|10:33:34 AM|
Chinese carriers have intensified their expansion of international operations recently, with all major carriers launching a more international services this year.
China pushes for Sino-Japanese tourism investment
05/25/2015|11:08:18 AM|
Direct investment in China’s tourism was estimated to exceed RMB3 trillion in the next three years and China welcomed the participation of Japanese companies.
China Southern ordered to cut commission by RMB1 billion
05/25/2015|11:07:54 AM|
State-Owned Assets Supervision and Administration Commission required the carrier to lower its agents’ expenses by RMB900 million.
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