eHi Car Services, a leading car rentals and car services provider in China, announced its net revenues increased by 69.4% year-over-year to RMB339.9 million.
China’s top group buy platform Meituan has just concluded its full acquisition of OTA Kuxun from TripAdvisor.
Gujing Hotels Management is planning to list on China’s New Third Board OTC trading platform in November this year, the first for a hotel chain in Anhui province.
Cloud Computing Golf has a popular golf course booking app that has 240,000 downloads and 138,000 users. It also just listed on the New Third Board.
Conference venue search and booking platform HotelGG raised US$20 million in its B Series financing round from - Matrix Partners China, Chengwei Capital and SIG China.
China Lodging Group added 207 hotels had 85.8% occupancy rate while net revenues increased 16.9% to RMB1.46 billion in Q2 2015.
6,000 model tourism villages will be developed nation wide by 2020，and over 100,000 tourism locations will be formed with three million country guesthouses.
eLong has formed a special committee of three independent directors – May Wu, Shengli Wang and Adam J. Zhao – to evaluate the privatization from Tencent.
