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Travel commerce facilitators’ main focus – sustain transaction-based model

Travel commerce facilitators’ main focus – sustain transaction-based model

From being mere GDS companies to travel commerce facilitators as they are commonly referred to as today, such entities have come a long way. Here we explore how Abacus foresees the transaction-based business model and opportunities in China to shape up.

11/17/2014|2:35:20 PM|Traveldaily
Qunar CEO Interview: We Can Out-Execute Alibaba and Everyone Else

Qunar CEO Interview: We Can Out-Execute Alibaba and Everyone Else

CC Zhang says he doesn’t pay attention to Alibaba and isn’t impressed with Expedia Inc. pouring money into eLong.

11/14/2014|2:17:35 PM|Skift
Capital boost gears up LY.com subsidiary's B2B strategy

Capital boost gears up LY.com subsidiary's B2B strategy

LY.com gave a RMB100 million boost of registered capital of the company's Suzhou-based subsidiary LY International Travel on June 6, 2014,

11/14/2014|11:38:03 AM|TravelDaily China
A year in Russian online travel – politics, games and investments

A year in Russian online travel – politics, games and investments

It’s fair to say the travel industry won’t be the same in Russia after 2014. The year was full of shocking events that might entirely change the landscape of Russian economics in general and the travel industry will feel going forward.

11/14/2014|8:40:45 AM|tnooz
Qunar luring startups with capital and tech support

Qunar luring startups with capital and tech support

Qunar has announced it will introduce a RMB1 billion incubation fund to support OTA startups, via its cloud-based open platform.

11/13/2014|1:32:59 PM|TravelDaily China
ilvxing.com raises US$10 million in Series A financing

ilvxing.com raises US$10 million in Series A financing

ilvxing.com has received US$10 million investment from Haitong Innovation Capital Management Co Ltd in its series A financing.

11/10/2014|1:38:35 PM|TravelDaily China
Senseluxury carves a niche in China’s luxury villa rentals

Senseluxury carves a niche in China’s luxury villa rentals

Senseluxury aims to zero in on Chinese customers looking for overseas luxury vacation property rental..

11/06/2014|1:42:08 PM|TravelDaily China
PPzuche.Com Receives $60M Series B From IDG, Morningside

PPzuche.Com Receives $60M Series B From IDG, Morningside

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.

11/06/2014|1:44:52 PM|Chinamoneynetwork
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