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....
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....
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....
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....
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....
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....
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....
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....
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....
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...