Search results for “China Business travel”
Ctrip’s partner UTour plans full acquisition of HuaYuan
03/03/2016|6:18:43 PM|
Ctrip’s partner Beijing Utour International Travel Service Co Ltd (UTour) plans to buy out Huayuan International Travel (HuaYuan) for RMB 2.6 billion. The funds for the purchase will be raised by issuing 65.61 million shares at RMB 35.82 per share plus RMB 250 million in cash.
Alibaba’s rumored partnership with UCAR may intensify car-hailing competition
03/28/2016|2:09:29 PM|
While the report of Alibaba taking a stake in UCAR is still not officially confirmed by either party, the companies have been collaborating closely and quietly.
Homeinns to start homestay business with no franchise charge
02/22/2016|8:36:42 AM|
Homeinns Hotel Group is set to launch its homestay business in March by recruiting qualified property owners to operate under its sub-brand of Fairyland Homestay (or Yun Shang Si Ji Homestay) in the form of partnerships.
Travelport acquires third party distributor Galileo Japan
04/06/2016|10:30:21 AM|
Travel commerce platform provider further expands its presence in Japan, the world’s 3rd largest air travel market in terms of flights offered
Chinese tourist arrivals to US surge 53% in 2015
04/12/2016|8:13:32 AM|
Chinese tourist traffic to US grew by 53% YoY in 2015, after the US government extended the validity of multiple entry visas for Chinese visitors to 10 years in 2014
HotelsNow raises multi-million yuan in another financing round
04/14/2016|9:25:59 AM|
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”
Tuniu forays into unchartered areas in addition to its tour packages offering
03/03/2016|6:18:58 PM|
How is the current crop of online travel companies in China trying to unlock additional profitability? How can the huge volume of traffic be better monetized by OTAs? Are all transactions 100% digital?
A bite of China’s mobile payments pie – now Apple Pay wants it too
02/23/2016|9:56:19 AM|
Can Apple Pay take on Alipay and Tenpay in China? It’s going to be a herculean task, but Apple is optimistic going by its current level of growth in this market.
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