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Sports event platform Online Bike closes Pre-A round

Bicycle event company Online Bike received millions of yuan in its Pre-A round.

11/29/2016|10:10:13 AM|ChinaTravelNews

Ctrip buys Skyscanner, reaps $4million net income in Q3

Ctrip announces the deal to acquire UK-based travel search site Skyscanner. The company reaped USD 4 million net income in Q3 2016, after previous quarter's net loss with Qunar's consolidated results.

11/24/2016|1:46:43 PM|ChinaTravelNews

Baidu Capital appoints Ctrip's former CSO Jenny Wu as first Managing Partner

Baidu Capital appointed Ctrip's former CSO Jenny Wu as its first managing partner. The company will form a dedicated travel industry fund with Ctrip.

11/23/2016|5:34:51 PM|ChinaTravelNews

Ctrip invests in test-tube baby service provider IVF USA

The strategic investment in test-tube baby technology provider enriches Ctrip’s medical travel contents and enables the OTA to get a stronger control on destination resources.

11/23/2016|10:24:26 AM|ChinaTravelNews

Smart riding brand SpeedX raises RMB 150 million

Beijing-based smart cycling brand SpeedX announced its entry into bike-sharing sector, and an independent brand Bluegogo would be created to help the company expand the market. Meanwhile, SpeedX revealed it has raised RMB 150 million in its series B round.

11/18/2016|3:58:44 PM|ChinaTravelNews

Airport valet parking startup FeiBoTong closes A round

Airport valet parking service provider FeiBoTong announced that it has received millions of yuan from series A round funding.

11/18/2016|10:53:23 AM|ChinaTravelNews

CAR Inc. reports slight increase in three-quarter net profit

CAR Inc. posted net profit of RMB 1,388 million in first three quarters and the company's chairman believes the new car-hailing rules are good for subsidiary UCAR.

11/17/2016|6:56:39 PM|ChinaTravelNews

China investors splashed $9.25b on buying overseas hotels

China’s investors have splashed USD 9.25 billion snapping up hotels and accommodation worldwide in 17 deals so far this year.

11/15/2016|1:04:27 PM|ChinaTravelNews
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