The merger of two leading Chinese tour operators, CITS and HKCTS, is greeted with cautious optimism by industry observers..
Chinese OTA LY.com has announced it will set up a joint venture with Japanese tour operator HIS to focus on consolidating and procuring local tourism resources in Japan.
Bus ticketing platform 12308 has received an investment worth RMB50 million from China Transinfo to help its plans to offer O2O long-distance coach service.
Eventown Group has announced it is making a full acquisition of event management platform EventDove and its related brands in a RMB90 million cash and share deal.
Next year, Chinese will be able to hail a Lyft ride on the Didi-Kuaidi app while Americans can use the Lyft app to book a ride with Didi-Kuaidi in China.
Shenzhen Airport plans to double international routes and expects its passenger throughput on international and regional routes to exceed 5.5 million trips by 2020.
Tencent will soon complete an investment of US$1 billion in the newly merged Meituan-Dianping. The new company’s is valued at US$20 billion.
Uber China announced it will invest RMB63 million to establish an operations center in Wuhan city’s Donghu New Technology Development Zone.
