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Breaking News: Ctrip and Qunar and merge with Baidu-Ctrip share exchange
10/26/2015|5:25:17 PM|
China’s greatest OTA rivalry ends as Ctrip and Qunar merge with the help of search engine giant Baidu.
New services to Africa extend Air China’s global coverage to six continents
10/26/2015|3:39:52 PM|
Air China announced the launch of two new routes to Africa– Beijing-Johannesburg inaugurating on October 29 and Beijing-Addis Abba launching on November 2.
BTG Hotels invests US$3.5 million for country resort and ecommerce subsidiaries
09/29/2015|10:39:37 AM|
BTG Hotels is investing RMB22.5 million in the joint venture BTG Lohas Cultural Tourism and its wholly-owned subsidiary BTG Ecommerce.
Air China partners Beijing tax bureau to promote awareness of the capital’s tax rebate policy
10/22/2015|6:38:17 PM|
Air China has joined hands with the Beijing Administration for Taxation to publicize the city’s departure tax rebate policy launched since July 1.
HNA Group withdraws FRAM Group acquisition offer
10/22/2015|5:32:55 PM|
HNA Group withdrew the offer to acquire FRAM Group, made on October 12, and sources say that the Chinese conglomerate will not make another bid.
Utour partners Golden International to dig deeper into the US market
09/16/2015|10:58:45 PM|
Utour has made a strategic investment in Golden International Air and Travel, known for its strength in handing independent travel and bus travel in the US.
Letv Auto acquires 70% stake in Yongche
10/21/2015|5:34:04 PM|
Letv Auto will acquire a 70% stake in Yongche to completed the service loop of its Smart Car project.
Letv invests in Yongche’s D Series financing to become major shareholder
10/21/2015|12:24:39 PM|
Yongche has revealed t has completed a D Series financing round and will restructure its shareholding structure to make Letv its largest shareholder alongside Ctrip.
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