Tuniu, a NASDAQ-listed Chinese travel and tourism site, announced today it has secured a US$500 million investment led by ecommerce giant JD.
Chinese online travel site Tuniu may be in big trouble after 17 major international tour providers announced a boycott of the site starting in July.
JD and Hony each contributed US$50 million, while Ctrip, one of Tuniu’s rivals in China’s travel market, pitched in US$15 million.
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...
In China, some of the biggest tech companies still aren't turning profits, instead emphasizing investments, R&D, marketing, and, of course, user acquisition.
China’s travel booking market has consolidated down to a few major players, but what travelers do once they arrive is a sector that’s still up for grabs.
China's IPO season looks to be in full swing as the latest company from China files with the SEC, packaged travel tour website Tuniu.
Not content to just jump into the search business, Qihoo 360 is moving into another realm of web business: travel. The company has just launched a new travel platform site at go.360.cn called 360 Trav...
In the West, online travel has long since eclipsed the brick-and-mortar industry, but in China, real-world travel agencies are very much alive. Travel patterns are also very different here; Chinese to...