[TravelNews] MuNiao Short-term Rental raises tens of millions RMB in B-round funding Date:2016-03-02 02:00:38 Click:9 Times
MuNiao Short-term Rental (Mu Niao Duan Zu) announces that it has raised tens of millions of RMB in the B-round funding, just six months after its A-round funding, through which the company raised RMB 60 million....
[TravelNews] China's sharing economy worth $298b: report Date:2016-03-02 02:00:38 Click:9 Times
From ride-hailing business to online auctioneers, sharing economy platforms have created a market worth RMB 1.95 trillion yuan (USD 298 billion) in 2015, according to figures released by the National Information Center Sunday....
[TravelNews] Ctrip’s partner UTour plans full acquisition of HuaYuan Date:2016-03-02 02:00:38 Click:16 Times
Ctrip’s partner Beijing Utour International Travel Service Co Ltd (UTour) plans to buy out Huayuan International Travel (HuaYuan) for RMB 2.6 billion. The funds for the purchase will be raised by issuing 65.61 million shares at RMB 35.82 per share plus RMB 250 million in cash....
[TravelNews] Expedia relentlessly tests the science of user experience and vacation planning Date:2016-03-02 02:00:37 Click:7 Times
What distinguishes Expedia is its dedication to understanding the psyche of the modern travel planner. Expedia’s leadership believes the knowledge of customers is what has allowed it to recover from earlier stumbles....
[TravelNews] Wanda to build USD 3.3 billion EuropaCity Date:2016-03-02 02:00:37 Click:12 Times
Wang Jianlin, CEO of Wanda Group adding European project to global entertainment business and the group has been announcing a flurry of deals in 2016....
[TravelNews] HNA Group splashes out USD 17 billion for global acquisitions in 2015 Date:2016-03-02 02:00:37 Click:15 Times
Chinese aviation and shipping conglomerate HNA Group has lost the bid for London City Airport to a consortium led by Ontario Teachers Pension Plan Board and Borealis Infrastructure. This is a snag in its streak of successful global acquisitions for the past year worth USD 17 billion....
[TravelNews] Chinese tourists provide a fillip to Japan's economy Date:2016-03-02 02:00:37 Click:12 Times
All FamilyMart stores in Japan began accepting Chinese UnionPay payment cards on Feb 2 and Lawson, 7-Eleven and FamilyMart will also accept UnionPay cards and allow for easy PIN-free payment soon....
[TravelNews] Didi's China transactions outpace peer services in North America Date:2016-03-02 02:00:37 Click:16 Times
Chinese ride-hailing service Didi generated gross merchandise value at USD 800 million in China in January, compared with USD 600 million generated in the same period by similar services in the United States and Canada combined....
[TravelNews] Large study of Airbnb hosts hints at who is making the money Date:2016-03-02 02:00:37 Click:9 Times
The consultancy LearnAirbnb did a study of the home sharing industry, with market data on Airbnbs 430,000 US listings and casts some fresh light....
[TravelNews] China, EU sign short stay visa waiver deal for diplomatic passport holders Date:2016-03-02 02:00:37 Click:15 Times
China and the European Union (EU) on Monday signed a reciprocal short stay visa waiver agreement for holders of diplomatic passports which would allow visa free travel to the EU for citizens of China holding a diplomatic passport for stays up to 90 days (within any 180-day period) as well as for EU c...