More Chinese design trips by smartphone apps

More Chinese design trips by smartphone apps

Updated: 2013-10-04 13:51

( cctv.com)Online travel agencies are eyeing the travel app market as smartphones become almost ubiquitous. Instead of making phone calls and searching on PCs, more people are designing their perfect trips by clicking their phones this Golden Week Holiday. Golden week for online travel agencies in China. It is that time of year when hotels and flights are fully booked and tourist attractions are packed with people. The difference this year, is more Chinese tourists are booking and making their trips with the help of cell phone apps.

The first Chinese mobile travel app was developed by qunar, the biggest metasearch engine in China back in 2009. The company has recently filed for 125 million dollars IPO in the US. Now, most online travel agencies have their own mobile apps. With growth like that, analysts say innovations in mobile apps will be the driving force for online traveling in the future. Because the key to traveling is mobility. And that’s the beauty of mobile phone apps.

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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