Search results for “Korea”
Triploc raises RMB 27 million in Pre-A round
06/01/2016|3:42:20 PM|
Outbound tour service social platform Triploc has completed its Pre-A round funding with RMB 27 million from Spring Airlines, Feima Fund and Qingcong Capital. The funds will be invested in beefing up its senior management and expanding its business ecosystem.
Spring Airlines revenue jumps 10.45% YoY in 2015
05/28/2016|10:25:04 AM|
Spring Airlines’ 2015 revenue grew 10.45% YoY to RMB 8.094 billion, of which passenger service revenue grew 9.1% to RMB 7.576 billion, accounting for 98.78% of the total revenue
Japan sees cooling down of shopping frenzy among Chinese tourists
05/26/2016|5:31:44 PM|
The shopping craze of China’s visitors in Japan appears to be cooling, as the duty-free shopping spend by mainland visitors decreased by 9.3% while arrivals from China skyrocketed 50% in the first four months of this year.
B2B online hotel direct sales platform Ziztour completes an eight-digit series B round
07/08/2016|9:13:16 AM|
Ziztour, a B2B online hotel direct sales platform, has completed an eight-digit series B round led by LB Investment, a Korean private equity firm, and joined by Legend Capital (“君联资本”) and Cheng Lan Capital (“城蓝资本”).
China’s traveltech charts its own course, direct connect being a prime example
06/23/2016|10:38:51 AM|
NDC is still a work in progress in China. But the likes of Alitrip, in conjunction with domestic carriers, have shown that blending mobile retail commerce and home-grown API is a prudent way.
Chinese outbound spending up by 16.7%, buying 46% of global luxury goods
04/08/2016|8:31:11 AM|
Global tourism has experienced growth for six years in a row, contributing 10% to world GDP and creating 9.5% of jobs globally, according to WTTC.
Chinese government to permit more duty-free stores openings
12/07/2015|5:56:34 PM|
More duty free stores will be opened in China to offer Chinese shoppers’ greater access to imported goods and open up import channels to satisfy demand.
Travel agency GuangZhiLv acquires outbound wholesaler HuangGuanMeiTu
04/20/2016|9:03:59 AM|
GuangZhiLv has formed a Hunan branch with HuangGuanMeiTu after acquiring the wholesaler in central China that specializes in short-haul tours to Southeast Asian destinations
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