China’s online travel giant Tuniu announces a strategic cooperation plan with Capital Airlines
Chinese travel website Tuniu Corp said it has sold $500 million worth of new shares to a group of investors led by JD.com Inc.
Lvmama’s users can pay the fee of tickets of 3000 Chinese scenery spots online. Under the agreement, Tuniu would launch this project.
Hony and JD.com invested US$50 million each into Chinese travel company Tuniu Corp, tapping into the country’s fast-growing tourism market.