Tongcheng Travel
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | - | |
* | CNY2.0b | Late VC | |
* | CNY6.0b | Late VC | |
Total Funding | AUD1.7b |
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EditTongcheng Travel is a leading player in China's online travel industry, offering a comprehensive range of travel-related services. The company operates a one-stop platform that provides air, train, bus, and ferry tickets, along with smart accommodation reservations and various value-added services (VAS) such as tourist attraction ticket reservations and corporate travel solutions. Tongcheng Travel serves a wide array of clients, including individual travelers, corporate clients, and tourists seeking convenient and reliable travel solutions. The company leverages advanced technologies like big data and artificial intelligence (AI) to understand user preferences and behaviors, thereby enhancing the user experience. Tongcheng Travel's business model is primarily based on commission fees from ticket sales and service charges for its various offerings. The company generates revenue through its extensive network of partnerships with airlines, hotels, and other travel service providers. By merging with eLong in 2018, Tongcheng Travel has solidified its position as a market leader, continually innovating to make travel easier and more enjoyable for its users.
Keywords: online travel, air tickets, train tickets, bus tickets, ferry tickets, smart accommodation, tourist services, corporate travel, big data, AI, China