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Ctrip Launches New Standards to Improve Selection of Mid-range Package Tours

Sina Tech, 6/21/17

Chinese online travel service provider Ctrip (Nasdaq: CTRP) recently announced that it has launched a new standards mechanism for mid-range package-tour services, covering hotels, airlines, car rentals, and shopping services, under a "New Diamond Standards" program. Read More

Tongcheng Denies Rumor of Merger with eLong

Tencent Tech, 4/13/17

Suzhou-based online travel service provider Tongcheng Network Technology (Tongcheng Travel) today denied recent rumors that it plans to merge with Chinese online travel service provider eLong and list on one of China's domestic A-shares stock exchanges, and said that it will give an update regarding its capital operations in the near future. Read More

Ctrip, Qunar Vacation Business Units to Merge

Sina Tech, 11/22/16

Yang Tao, CEO of Chinese online travel service provider Ctrip's (Nasdaq: CTRP) vacation travel business, recently sent an internal company-wide email announcing that Ctrip's vacation business unit (VBU) will merge with the vacations division of online travel services firm Qunar (Nasdaq: QUNR). Read More

Online Pet Travel Service 'Dog Where' Lands RMB 8-digit Pre-A Funding

Lieyunwang.com, 9/13/16

Beijing-based Gaoxing Network Technology, operator of online and mobile pet travel services platform Dog Where, said today that it completed RMB 8-digit pre-Series A funding in early 2016 from Yingzheng Fund. Read More

Rumor: Tuniu Prepares IPO

Tencent Tech, 1/23/14

According to an industry insider, Nanjing-based Tuniu Technology, operator of online travel site Tuniu, has selected Credit Suisse and Morgan Stanley to act as joint-underwriters for the company's impending initial public offering. Read More

360Buy to Launch Hotel Reservation Service

Sohu IT, 2/09/12

Beijing-based B2C e-commerce platform 360Buy announced today that it is preparing to launch a hotel booking service (http://hotel.360buy.com). Read More

Chinese Government Offers RMB 1.5 Bln in Cloud Subsidies

TechWeb, 10/19/11

China's National Development and Reform Commission (NDRC) has announced plans to establish a RMB 1.5 bln fund to support the domestic cloud computing industry. Read More

Baidu Invests USD 306 Mln in Travel Search Engine Qunar

Baidu PR, 6/24/11

Chinese online search giant Baidu (Nasdaq: BIDU) and travel search engine Qunar jointly announced today a definitive agreement under which Baidu will make a strategic investment of USD 306 mln in Qunar. Read More

Chinese Authorities Require GPS for Transport Enterprises

PR Newswire Asia, 5/23/11

Zhengzhou-based set-top box and GPS solutions provider ZST Digital Networks (Nasdaq: ZSTN) today announced that several Chinese government regulatory bodies, including China's Ministry of Transport, Ministry of Public Security, State Administration of Work Safety and Ministry of Industry and Information Technology (MIIT), have issued new regulations relating to supervision of road transport vehicles in China. Read More

La Miu Completes USD 20 Mln in Second-Round Funding

Wabei, 5/20/11

Chinese lingerie e-commerce site La Miu recently announced that it has finished securing USD 20 mln in second-round funding, led by Silicon Vally-based VC firm DCM. Read More