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Airbnb's new $1 billion funding comes at lower valuation of $18 billion

The deal raised Airbnb’s cash reserves to around USD 4 billion.

04/08/2020|2:59:42 PM|Reuters

Trip.com-associated investor offers to privatize 58.com

Ocean Link plans to fund the transaction with equity capital and debt capital.

04/03/2020|1:31:00 PM|ChinaTravelNews

Airbnb lowers internal valuation by 16% to $26 billion

Airbnb was valued at USD 31 billion in its most recent private fund-raising round, according to data provider PitchBook.

04/03/2020|11:16:19 AM|Reuters

Alibaba invests in Israeli travel tech firm Hotelmize

The Israel-based company is establishing its APAC headquarters in Hong Kong as a gateway to APAC and China.

04/01/2020|6:12:14 PM|ChinaTravelNews

Air Doctor scores $7.8M to connect travelers with local doctors

The platform is available across 42 countries in 5 continents, and lets you search by location, language, specialty, and cost.

04/01/2020|3:47:01 PM|TechCrunch

Online tour guide provider Lvji generates 96.4% revenue through OTAs

The sale through Lvji's own APP contributed less than 1% of the company's total revenue.

03/30/2020|10:30:04 PM|ChinaTravelNews

TravelSky grows aviation IT revenues by 8.6% in 2019

System integration service revenue rose 23.3% to RMB 1,168.0 million for 2019, accounting for 14.4% of the company’s total revenue in the year.

03/30/2020|2:45:53 PM|ChinaTravelNews

Hospitality startup Pruvo closes $1.1M seed round amid coronavirus outbreak

Pruvo has managed to save over $6.6M for its customers.

03/23/2020|1:38:59 PM|PhocusWire
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