ByeCity, a Chinese outbound traveling service, announced that it secured nearly $20 million of Series B financing from Alibaba Group and CBC Capital. Founded in 2000 as a pioneer of Chinese outbound travelling industry, ByeCity gives priority to its visa application service over other businesses like package tours, hotel and flight ticket reservation, etc. Alibaba Group made forays into online tourism industry along with the booming development of this territory. It established Travel Department last year by integrating relevant businesses like Taobao Travel, and then, invested in social travel app 117go and outbound travel service Qyer. Etao, the shopping search service under Alibaba Group, also started a hotel search service last year.