China’s TravelSky Technology Limited and Sugon Information Industry Company Limited have signed a strategic agreement covering cooperation in joint research and big data analysis.
China’s Alibaba Group has announced a strategic investment in Qyer.com, a Chinese tourist information and online value-added service provider.
Ibibo, the Indian joint venture invested by China’s Tencent and South Africa’s Naspers, has reportedly acquired an Indian online bus ticket website named RedBus.in.
With worries that the new bird flu outbreak could constrict the Chinese travel sector, tourism company Qunar.com has plowed ahead and closed its latest investment round, gaining USD57 million from Baidu.com, Hillhouse Capital, and GGV…
China Mobile, Japan’s NTT DoCoMo, and South Korea’s Korea Telecom announced that the three parties have reached an agreement for a series of mobile phone services, aiming to realize cross-border payment services with the near-field…
Travel agents around the world using Sabre’s system to book online tickets for some Chinese airlines now can breathe a sigh of relief.
Alipay.com, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has reached an agreement with OnCard International to acquire its third-party payment service subsidiary, OnCard Payments.
Chinese search engine Baidu.com announced that is plans to make a USD306 million investment in Qunar.com, a Chinese travel search engine.
Chinese online travel service provider eLong Inc. reported its unaudited financial results for the first quarter ended March 31, 2011, and said Tencent made a strategic investment in the company.
Internet travel services company Ctrip.com International Ltd. announced its unaudited financial results for the quarter ended March 31, 2011, and stated that revenues rose.