Search results for “strategic investment”
Meituan-Dianping launches air ticket booking to challenge top dog Ctrip
12/24/2015|11:18:57 PM|
Meituan-Dianping has quietly launched air ticketing service online to add to the earlier release of hotel booking functions.
Hotel giant Plateno Group launches travel app Plateno Trip
12/09/2015|6:18:05 PM|
Plateno Group has announced in Guangzhou that it will launch new hotel brands – Pin Hotel, Pinle Hotel and RuiChen Hotel, and new online brand Plateno Trip.
Dealing with OTAs isn’t only about incremental revenues
03/28/2016|10:15:06 PM|
Foreign hotels are looking into issues related to pricing, brand integrity and distribution infrastructure when it comes to dealing with OTAs in China.
UTour may gain 10% shares plus a board seat in Ctrip's vacation business
03/17/2016|9:33:15 AM|
UTour and Ctrip will undertake cross-shareholding of 10% stake in each other and the former might acquire a board seat in the latter's holiday unit after the UTour acquires Huayuan.
HNA-Caissa’s net income leaps 129.72% in 2015
03/08/2016|6:30:42 AM|
HNA-Caissa recorded annual revenue of RMB 4.935 billion in 2015, with travel service accounting for RMB 4.259 billion. Net income applicable to common shareholders was RMB 206 million, up by 129.72% YoY.
Uber China to invest US$985 million for expansion and new carpool service
11/27/2015|3:25:02 PM|
China has completed a B Series financing from investors including Baidu, China Taiping Insurance and Hainan Airlines.
Joyu Group captures RMB 800 million funding to kickstart crossover of drama IP with travel and internet
02/05/2016|6:44:01 PM|
Joyu Group has gained RMB 800 million funding from a group of investors including Huace Film & TV on February 4. The deal will kickstart a new era for crossover collaboration between China’s movie and tv show giants and tourism destination operators.
Payments in China – it’s about dealing with a multitude of options
03/21/2016|11:19:47 AM|
In today’s world of instant gratification, the experience during the check-out can make or break their business. Besides, there are multiple factors that airlines, hotels, OTAs and other travel e-commerce organizations need to deal with in order to ensure a transaction goes smoothly in the multi-channel, multi-device environment.
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