Search results for “financing”
Does Zuji’s demise signal the ebbing of HNA’s OTA play?
11/30/2018|5:43:50 PM|
Zuji is not the first OTA acquired by HNA Group to struggle for survival, as it became apparent that HNA’s ambitious global expansion in recent years made it difficult for the group to build a viable ecosystem.
Short-haul tours provider 55 km nets millions of yuan in angel funding round
11/29/2018|4:47:29 PM|
The company believes the keys to boost sales lie in traffic conversion, product selection and travel safety.
Tujia targets 15 billion yuan in GMV by 2019
11/05/2018|10:50:28 AM|
The short term rental category in China is “burning” a lot of money at this stage. But, as Tujia’s CFO Warren Wang points out, things are expected to change considerably for the company over a period of next two years.
Meituan realigns hotel & travel units, Alibaba and JD.com embark on hotels, and more
11/05/2018|10:49:13 AM|
Meituan Dianping has restructured its organizations and repositioned its hotel & travel businesses, Alibaba and JD.com made moves into the hotel sector and Didi will likely follow suit.
Sunlight Tourism secures RMB 90 million in Series A round
10/30/2018|9:42:46 AM|
Sunlight Tourism has launched six projects across the country, including Sun Valley, Sun Coast, Sun Forest, Sunlight Farm, Sunshine Valley and Sun Lake.
HNA subsidiary E-Life Financial to close 4-billion-yuan B round
09/19/2016|10:02:31 AM|
HNA Group’s financial arm is about to complete its series B round funding and raise more than RMB 4 billion in the round. This will put its value at around RMB 8 billion.
ChinaTravelNews Briefing: Ctrip unveils Oasis Lab, China connects air-rail networks and more
05/18/2018|3:45:18 PM|
Ctrip replaced its incubation program with Oasis Lab for innovative initiatives, budget hotels in China revamped services and experiences for customers, CAAC & CRC announced to connect train-plane networks.
Airbnb counting on a blend of autonomy + global innovation in China
09/30/2018|9:28:28 PM|
Airbnb is relying on razor-sharp product development backed by over 100 Chinese specialists and quality assessment of its listings to strengthen its operations in China, according to Airbnb’s Nathan Blecharczyk. The team has also interacted with China’s design community, meeting specialists from Didi Chuxing, Baidu etc. in the past year or so.
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