Tuniu, a NASDAQ-listed Chinese travel and tourism site, announced today it has secured a US$500 million investment led by ecommerce giant JD.
Tencent participated in nearly three dozen funding rounds this year alone, about half of which were seed, series A, or series B rounds.
The battle for China's international tourism market online heats up, as LY.com has responded to Tuniu's attempt to squeeze its partners with a strong statement of intent.
When it comes to online travel, China is different. Chinese tourists, by and large, don’t like forging their own path, preferring instead to travel in tour groups with carefully-planned itineraries an...
Ctrip, one of the largest online travel agencies in China, has invested over $200 million in local attraction online ticketing site LY.com.