Boutique travel website Zanadu announced it received over RMB80 million in its A+ financing round, in which IT giant Tencent is the lead investor.
Meituan-Dianping has already raised US$2.8 billion in financing as of mid-December this year through the issuance of Class B shares.
UCAR has not officially released an IPO timetable yet but it could find a shortcut to either through a shell company or the New Third Board to make a A share listing.
Meituan-Dianping recently formed a strategic partnership with hotel PMS provider BeyondHost to set up an online open platform for hotels.
CITS and a subsidiary have joined hands with four other Chinese outbound tour operators to set up China Overseas Tourism Investment Management Co.
OTA Lvmama’s parent company, Shanghai-based Joyu Group, is listing on the New Third Board.
Shenzhen-based Dida Travel has made a high-profile listing on the New Third Board and become the first international hotel resource consolidator to go public in China.
India-based travel tech firm IBS Software has confirmed that private equity giant Blackstone has invested $170 million for an undisclosed minority stake.
