Lots of activity in China’s burgeoning online travel industry. Travel search engine Qunar has raised $15 million in funding in a round led by GGV Capital. Mayfield Fund, GSR Ventures, and Tenaya Capital also participated in the round, according to investment research firm JLM Pacific Epoch, which cites local media reports.
The big funding round comes only two weeks after Expedia-subsidiary TripAdvisor bought up rival travel site Kuxun.cn for more than $12 million. Both Expedia and Qunar’s backers are betting that the Chinese travel industry will continue to boom, along with …

Korea’s Chosun Ilbo Profiles These Tourist Groups, Discovering Unique Characteristics That Set Chinese & Japanese Tourists Apart
Chinese tourists made up a significant percentage of the more than 7 million tourists who visited South Korea last year (Korea Times Photo by Park Seo-gang)
One of the major developments in global tourism over the past 5-10 years has been the increasing number of Mainland Chinese who are venturing overseas for the first time. As visa restrictions have eased somewhat in a number of countries, and a more confident and growing middle class has …