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China Lodging Group net income jumps 31.4% in Q3 2016

China Lodging Group (Huazhu Hotels Group) reported net income growth of 31.4% to RMB 293.9 million (USD 44.1 million) in Q3 2016.

11/15/2016|12:46:27 PM|ChinaTravelNews

China Eastern plans to restructure as an investment firm

China Eastern Airlines has filed an application to the state authority to restructure itself into a “state-owned investment company with airline characteristics.”

11/14/2016|9:45:16 AM|ChinaTravelNews

Cheap flight search engine Dwfei.com completes Pre-A round

Guangzhou-based cheap flight search engine Dwfei.com, announced it has completed its Pre-A round worth millions of yuan. The platform helps users by travel to more countries for less.

11/11/2016|2:25:31 PM|ChinaTravelNews

Leo Group invests RMB 27m in ground solution provider Yuetu

Zhejiang-based Leo Group made an investment of RMB 27 million in Yuetu for 9% holding. As a transportation solution provider, Yuetu offers basic information and guidance about train services to individual customers.

11/10/2016|5:57:13 PM|ChinaTravelNews

Outbound service XiKe Map closes an angel round

Overseas navigation service XiKe Map has completed an angel round backed by outbound WiFi provider Uroaming.

11/09/2016|10:45:03 AM|ChinaTravelNews

Sinbad Travel receives millions of yuan in A+ round

Sinbad Travel has secured millions of yuan in A+ round and plans to use the funds to upgrade its itinerary customization system and consolidate overseas resources.

11/09/2016|10:25:13 AM|ChinaTravelNews

HNA's Shareco to buy 34.90% stake in GEE

HNA subsidiary Shareco will buy a 34.90% stake in US-based inflight entertainment company GEE for USD 416 million.

11/10/2016|8:48:30 AM|ChinaTravelNews

Bike-sharing YouBai closes 150-million-yuan A round

Bicycle rental company YouBai has received more than RMB 100 million in its series A round financing.

11/08/2016|11:09:09 AM|ChinaTravelNews
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