PMS provider Green Cloud has received RMB 15 million in its series A round backed by Leading Capital，and will go ahead with series A+ round to raise another RMB 30 million.
Chinese OTA Lvmama’s parent company Joyu Group announced that it plans to launch a private placement of no more than RMB 1 billion.
Travel SaaS platform Zowoyoo has closed a new round of funding, following its series A round in 2015.
Vacation-booking BlaTravel has raised millions of yuan in its series A+ round. The company adopted a model of “hotel recommendation plus travel experience sharing”.
Outbound-tour operator UTour announced its strategic acquisition of a Japanese ground handler to explore the independent travel to Japan.
Beijing Capital International Airport recorded RMB 905 million net profit in the first half of 2016. Passenger throughput reached 45,596,155 person-times.
LN Holdings planned to splurge RMB 3.437 billion to acquire 90.45% shares of GuangZhiLv, 100% stake in both Garden Hotel and China Hotel.
A Tempus Global-led group planned to inject RMB 170 million into Octopus. Tempus Global will acquire a 4.17% stake in Octopus for RMB 50 million.
