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Short-haul travel specialist Yaochufa claims RMB 550 million raised in D round

Chinese local tour service provider Yaochufa announced it has raised RMB 550 million in its D round funding; the company offers tour packages covering accommodation, attraction admission and local food

04/19/2016|9:09:07 AM|ChinaTravelNews

Transaction system Shoukeyi receives Pre-A round financing

B2B travel transaction service Shoukeyi.com received Pre-A round funding of tens of millions of yuan in early 2016 and the company plans to dip into financing for travel industry players

04/15/2016|9:25:11 AM|ChinaTravelNews

Hostel brand ShiLiLi raises RMB 30 million

Honeymoon lodging service ShiLiLi announced it has raised RMB 30 million from a consortium led by Mr. Chi Li, one of the three successful investors known as “The Warren Buffets of China.”

04/15/2016|9:20:12 AM|ChinaTravelNews

HotelsNow raises multi-million yuan in another financing round

HotelsNow announced that it had raised tens of millions of yuan in a new angel round of financing led by Beijing “Yi Yi Tian Shi”

04/14/2016|9:25:59 AM|ChinaTravelNews

UCAR raises RMB 3.68 billion in latest funding round

UCAR completed a financing round on February 29 and raised RMB 3.68 billion, pushing the company’s post-money valuation to RMB 28.7 billion, according to Charles Lu, chairman of the Chinese chauffeured service provider

04/13/2016|2:27:31 PM|ChinaTravelNews

Chinese buyers spend USD 2.6 billion on US hotel property acquisitions in 2015

Chinese companies splashed out USD 2.6 billion on buying US hotel properties in 2015 and the buying spree is expected to keep on

04/12/2016|8:13:56 AM|ChinaTravelNews

Mofang Apartment reportedly completes C round with USD 300 million

Long-stay rental platform Mofang Apartment has raised USD 300 million in its series C round financing led by AVIC Trust, according to a WeChat Official Account named Fang Dong Dong on April 7

04/11/2016|8:29:52 AM|ChinaTravelNews

Chauffeured war heating up as Didi set to complete another financing round

Not long after Uber expressed confidence in turning a profit in China within two years, its arch rival Didi Chuxing is to close yet another round of funding, with UCAR-linked Alibaba among the investors

04/11/2016|4:29:02 PM|ChinaTravelNews
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