Destination travel product distribution platform QuHappy.com has announced it had completed its Pre-A round financing in May. The investment from venture capital fund owned by Guangdong Technology Venture Capital Group in the round boosted the valuation of QuHappy to above RMB 100 million....
Tourism-related entrepreneurship and innovation created around 3.3945 million jobs in China in 2015, accounting for 12.13% of direct employment in the industry....
Conglomerate extended offer period through July 21 and payment for shares to be made in third or fourth quarter this year....
Group tourist numbers from China to Taiwan have declined 30% since May, though independent travelers – a minority of the total – have grown 13%....
Chinese Tycoons shopping spree ranged from Legendary to Odeon for a record year, seeking to transform his Wanda Group into a Disney competitor....
Net space sold at Asian trade fairs jumped by 5.6% to almost 19.7 million square metres in 2015, according to figures released in an annual UFI report....
More and more Chinese tourists are finding pleasant experiences in quieter rural destinations instead of big cities like Tokyo and Osaka....
China’s transport ministry issued the final version of a policy to regulate the booming ride-sharing services on July 28. The rules will take effect on November 1, 2016....
Ride-hailing platforms including Didi, Uber, UCAR and Yidao have cut subsidies and raised prices in several cities since last month....
Hoppers CEO Fred Lalonde thinks that 100% of commerce will happen on the phone and Millennials will be the biggest buyers....