Wal-Mart Stores Inc has taken full ownership of Chinese e-commerce firm Yihaodian.com, buying out the 49% stake that it did not already own....
Alibaba#39;s Aliyun cloud services arm will target clients beyond China as it tries to match or outperform Amazon within three years, Aliyun president Simon Hu said....
Chinese tourists accounted for 16% of all foreign tourists in Russia since the beginning of 2015 with average spending at nearly $2,400 per person....
Visitor arrivals numbered were up 9% to 177,000 in June, and rose by 7% in the year ending June to 2.99 million, according to Statistics New Zealand....
MakeMyTrip announced signing of agreement for the acquisition of a minority stake in HolidayIQ. MakeMyTrip will pick up around 28% stake in HolidayIQ for $15 million....
TheSuitest, a hotel search engine that crunches data to give additional information on room options, was acquired by ClickTripz this week....
An Airbus plant in Tianjin, north China, is expected to deliver its first A330 plane in 2018, according to its Chinese partner on Wednesday....
The Chinese group#39;s 10,000 Euros was the only bidder for the ghost airport built in Castilla-La Mancha region of southern Spain for a reported 1 billion euros....
Mobile is the new normal – 34 % of global ecommerce transactions across all industries are happening on mobile devices....
Global airlines will need 558,000 new pilots to keep pace with surging travel demand and a $5.6 trillion jet shopping spree, according to a Boeing Co. forecast....