Qunar has announced it will introduce a RMB1 billion incubation fund to support OTA startups, via its cloud-based open platform.
ilvxing.com has received US$10 million investment from Haitong Innovation Capital Management Co Ltd in its series A financing.
Senseluxury aims to zero in on Chinese customers looking for overseas luxury vacation property rental..
Beijing-based P2P (peer to peer) car sharing platform PPzuche.com has received US$60 million series B financing led by Morningside Ventures and IDG Capital Partners.
eHi Car Services plans to raise $130 million by offering 10 million ADSs at a price range of $12 to $14.
So it’s been a long six months and we have been meeting investors and venture capital firms across US, India and Middle East.
SoftBank, the Japanese tech powerhouse, flush with billions from its extremely lucrative Alibaba investment, has led a $210 million investment in Ola, an Uber-style service in India.
Oct 28, Alibaba Group announced today that it will upgrade its online travel subsidiary “Taobao Travel” by launching a new brand called “Alitrip” (Chinese: Qua).
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