Search results for “growth”
B&B booking platform Qmango sets up ￥500 million B&B investment fund
12/08/2017|9:13:30 AM|
Chinese B&B booking platform Qmango has completed a new round of financing, and subsequently set up a RMB 500 million investment fund for B&B management companies and other related business.
Qunar appoints Ctrip SVP to be CEO, former CEO to be president
12/07/2017|10:21:34 AM|
Qunar.com announced the appointment of Ctrip’s senior VP Gang Chen to be its CEO. The appointment comes at a point when Ctrip is actively grooming young executives.
Ctrip- and Tencent-invested Tongcheng merges with eLong, eyeing capital market
12/29/2017|7:38:54 PM|
Tencent and Ctrip will become major shareholders of the new entity TongCheng-eLong. Ctrip co-founder James Liang will serve as co-chairman.
China’s tourism contributes more than 10% to GDP and employment
11/21/2017|4:56:51 PM|
According to CNTA, the total revenue in tourism increased by 13.6% to RMB 4.69 trillion, and the tourism industry in China has contributed RMB 8.19 trillion or 11.01% to GDP in 2016.
ChinaTravelNews Briefing: Booking’s reinvention, Mafengwo’s funding and more
12/25/2017|3:07:29 PM|
We join the dots of the events that took place in the past two weeks to offer insights into the Chinese tourists, travel startup funding rounds, major OTAs and internet giants’ technology solutions in China.
Tuniu packaged-tour revenue rises 53% in Q3 2017
11/27/2017|6:45:29 PM|
Net revenues increased 53.5% to RMB 806.1 million (USD 121.2 million). Revenues from packaged tours climbed 53% to RMB 604 million (USD 90.8 million) in the third quarter.
China’s 5A scenic attractions count at 201 amid slower growth
09/28/2015|10:46:46 AM|
The number of China’s 5A rated scenic attractions has been growing at a slower pace in the last two years, at 6.29% and 8.06% respectively.
AI provider Babel Technology raises $4.5 million, valued at $45 million
12/22/2017|2:06:27 PM|
Babel Technology, a high-tech company that aims at providing interpretation across languages with artificial intelligence, has raised RMB 30 million (around $4.5 million).
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