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Didi Chuxing raises USD 7 billion

The world’s biggest ride-hailing companies, US-based Uber and China-based Didi Chuxing, are smashing records for private-company financing.

06/16/2016|11:15:54 AM|ChinaTravelNews

Ride-hailing service provider Huizuche raises RMB 200 million

Ride-hailing service provider Huizuche has raised RMB 200 million in its series B round financing led by H&Q Asia Pacific.

06/15/2016|10:35:46 AM|ChinaTravelNews

Wukong Car Rental receives millions of yuan in series A round

Wukong Car Rental announced that it has received millions of yuan in its A-round funding in May 2016. Bojiang Capital was lead investor and it was joined by Zhen Fund and a private investment fund of Qihoo 360’s cofounder Hongyi Zhou and his wife Huan Hu.

06/14/2016|10:20:37 AM|ChinaTravelNews

HNA Hospitality denies report of equity talks with AccorHotels

HNA Hospitality, a HNA Group affiliate, told ChinaTravelNews on June 11 that the company was not, and had no plan of, negotiating to take a stake in AccorHotels, countering reports by French media.

06/13/2016|10:36:17 AM|ChinaTravelNews

Online short-term rental platform Iyumi raises RMB 100 million

Online short-term rental platform Iyumi (“寓米短租”) , which operates iyumi.com and Share Man Apartment and has cooperated with nearly 200 well-known property developers, announced that it has raised RMB 100 million.

06/07/2016|9:25:46 AM|ChinaTravelNews

Rruu.com receives RMB 15 million in series A round

Outbound O2O platform Rruu.com has raised RMB 15 million in its series A round, in which Lenovo's investment unit LeFund is the lead investor, and angel-round investor Initial Capital follows.

06/06/2016|9:40:41 AM|ChinaTravelNews

Biqu gets capital injection from Meituan-Dianping

Air ticket direct sales platform Biqu has secured an undisclosed sum in the latest financing round that has Meituan-Dianping as the lead investor.

06/06/2016|9:39:37 AM|ChinaTravelNews

Outdoor product brand Toread raises RMB 1,270 million

Outdoor product brand Toread has completed its private placement to raise RMB 1,270 million to fund the development of its cloud-based programs, outdoor exercise O2O platforms, outdoor product e-commerce programs and outdoor safety service platforms.

06/03/2016|4:54:53 PM|ChinaTravelNews
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