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China's travel club Yuelvhui completes an angel round

The business mode of Yuelvhui is to “expand lifestyle and travel IP on top of meeting basic travel demands”.

09/21/2017|10:37:14 AM|ChinaTravelNews

Outdoor sports platform 117 Sport closes the Pre-A round financing

China’s outdoor sports platform 117 Sport has raised tens of millions of yuan in its Pre-A round of financing. The lead investor was Beethink.

09/21/2017|8:57:46 AM|ChinaTravelNews

Railway service platform Lvtu Diandian closes an angel round

Railway passenger service platform Lvtu Diandian is trying to build its presence in the railway market via in-train consumption and establish itself as the Meituan and Eleme in railway transportation.

09/11/2017|3:55:25 PM|ChinaTravelNews

Shiji raises stake in Galasys, expands in destination management

Chinese hotel system provider Shiji has agreed to buy a controlling stake in destination solution provider Galasys, expanding from hotels, F&B, and retail to theme parks and attractions.

09/08/2017|4:09:13 PM|Shiji

Ctrip's transport ticket revenue climbs 49% in Q2, aided by Skyscanner

Net revenue rose 45% to RMB 6.4 billion in the quarter. Accommodation revenue was RMB 2.3 billion (USD 341 million), up by 30%. Transportation revenue climbed 49% to RMB 3.0 billion (USD 441 million).

08/31/2017|5:20:39 PM|ChinaTravelNews

Transaction platform Shoukeyi announces A round of strategic investment

Cloud-based travel distribution platform Shoukeyi has acquired tens of millions of yuan in its A round of financing from ChunXiao Capital.

08/28/2017|11:20:03 AM|ChinaTravelNews

Outbound FIT supplier platform LPT completes an angel round financing

Lazy Pig Trip consolidates its platform for supplying fragmented destination products to support China’s OTAs, travel agencies and e-commerce merchants at the supply end, having completed a recent angel round financing.

08/25/2017|11:05:29 AM|ChinaTravelNews

Overseas independent travel provider RRUU raises RMB 35 million

RRUU has recently received RMB 35 million in its A+ round financing and is to complete the B-round financing later this year.

08/18/2017|3:19:00 PM|ChinaTravelNews
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