Miutrip, a travel management company (TMC) specializes in providing integrated solutions for business travel, announced it has received multi-million investments in its A Round financing.
China's conference industry is booming, with estimated total value above RMB400 billion for in 2014 and Ctrip is C\capitalizing on this trend “Hotel + Venue” channel.
Conference venue search and booking platform HotelGG raised US$20 million in its B Series financing round from - Matrix Partners China, Chengwei Capital and SIG China.
HotelGG, a portal for hotel venue search, price comparison and booking, has raised RMB30 million (approx.: US$4.8 million) in its Series A financing.