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Uoko raises US$22 million in Series B funding

Uoko raises US$22 million in Series B funding

Chengdu-based apartment rental company Uoko has raised US$22 million in its round B funding bringing the startup’s estimated valuation up to US$80 million, CEO Xiang Liu confirmed.

12/01/2014|12:18:11 PM|TravelDaily China
No1 Chauffeur invests in customer experience campaign

No1 Chauffeur invests in customer experience campaign

“No1 Chauffeur Service” will invest RMB6 million in its recently launched year-long customer experience campaign called “Thousand Members Club”.

11/27/2014|12:25:13 PM|TravelDaily China
Ctrip plans big move in hotel tech service

Ctrip plans big move in hotel tech service

TravelDaily has learnt exclusively about Ctrip’s recent acquisition of Changsha-based Property Management System (PMS) developer Jiachi Software..

11/27/2014|12:29:10 PM|TravelDaily China
Uber Said Close to Raising Funding at Up to $40B Value

Uber Said Close to Raising Funding at Up to $40B Value

Uber Technologies Inc. is close to raising a round of financing that would value the mobile car-booking company at $35 billion to $40 billion, according to people with knowledge of the situation.

11/26/2014|4:41:25 PM|Bloomberg businessweek
Didi Taxi optimistic about chauffeur service

Didi Taxi optimistic about chauffeur service

Didi Taxi expects to see rapid growth in its chauffer business, anticipating usage of more than 100,000 trips daily for its chauffer service by year end.

11/25/2014|12:33:37 PM|TravelDaily China
Home Inns invests in Campsort

Home Inns invests in Campsort

Home Inns Group has joined China Lodging Group in making multi-million RMB investments in Lvmama’s Campsort that was launched a month ago.

11/25/2014|1:00:33 PM|TravelDaily China
Kuaizi Travel gets RMB10 million angel investment

Kuaizi Travel gets RMB10 million angel investment

Road trip vacation startup Kuaizi Travel confirmed that they had already received a RMB10 million angel investment from Meihua Venture Capital in September.

11/21/2014|1:09:13 PM|TravelDaily China
Interview: Priceline’s M&A Guru on the Most Successful Acquisition in Online Travel History

Interview: Priceline’s M&A Guru on the Most Successful Acquisition in Online Travel History

In 2004 and 2005, Glenn Fogel, the Priceline Group’s head of worldwide strategy, planning and corporate development, came across Europe’s Active Hotels and Bookings B.V., respectively, which were operating what was then an out-of-favor agency business model.

11/21/2014|9:36:25 AM|skift
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