Search results for “tourism finance”
China's Airbnb Xiaozhu.com lands nearly $300 million to enhance security and service
10/10/2018|11:15:13 AM|
Jack Ma’s Yunfeng Capital and AdvanTech Capital were the lead investors, while GIC Private, Joy Capital, Morningside Venture Capital and Capital Today also joined the investment.
Ctrip invests in Yunji Technology to advance smart hotel services
01/04/2019|11:03:08 AM|
The partnership with Yunji Technology marks Ctrip’s latest move in the smart hotel sector, following the launch of Ctrip’s smart hotel solution program "EASY Stay" in March last year.
Booking funds Didi, Airbnb China names new president, Baidu and Alibaba vie for smart hotel
07/23/2018|1:56:10 PM|
Booking Holdings invested $500 million in China’s ride-hailing platform Didi Chuxing. Airbnb China appointed a local serial entrepreneur as its new president. WeChat Pay decided to focus on outbound Chinese tourists.
Chinese OTA Tuniu leads 40 million yuan funding for outdoor event platform Tourye
12/10/2018|3:12:08 PM|
Travel products booking fees, sports equipment and advertising services are the three major revenue streams for Tourye, and travel product booking revenues make up more than 90% of total.
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.
HNA revamps businesses related to air services, tourism, hospitality and HiApp
11/07/2018|10:52:38 AM|
HNA Aviation will be restructured to focus on its core aviation businesses instead of integrated services covering aviation and travel.
Indoor recreational zone operator Neobio Family Park pockets tens of millions of yuan
12/14/2018|9:13:50 AM|
Adopting an “Entertainment Plus” strategy, Neobio adds entertainment zones adjacent to schools and supermarkets in middle- and high-end residential neighborhoods.
Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more
09/03/2018|10:51:01 AM|
Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.
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