Alibaba hopes to cater to internet-savvy young Chinese travelers with a flying pig.
Tag: outbound travel
The 12-year-old company is sticking to its core business of better outbound travel amid the ups and downs of the tech industry.
In a move that links it with travel giant Ctrip and secures its position as a market leader, Utour acquires Beijing travel agency Huayuan for USD 398 million.
Online travel platform completes series D funding with nearly USD 60 million, including USD 25 million from leading travel company Utour.