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Beijing-Shanghai rail link is reportedly planning IPO

Beijing-Shanghai rail link is reportedly planning IPO

The unit’s parent China Railway and investors Ping An Asset Management and the National Social Security Fund have reached a consensus on the flotation, according to financial news outlet Caixin.

07/18/2018|10:58:31 AM|YiCai Global
CMAC Group buys taxi platform Cabfind

CMAC Group buys taxi platform Cabfind

Cabfind offers a seamless end-to-end experience in journey bookings, providing a taxi anywhere in the UK while streamlining travel expense management.

07/12/2018|4:49:50 PM|PhocusWire
Optimizing digital media mix in China – 5 areas demanding deeper introspection

Optimizing digital media mix in China – 5 areas demanding deeper introspection

The constant refining of features on high-traffic ecosystems such as Tencent, search-related activity going beyond search engines or the rising popularity of an app such as Douyin, such developments demand a deeper introspection into how creative and media strategy needs to be planned out in China.

07/09/2018|7:50:39 AM|ChinaTravelNews
Over 40 million trips made via Fuxing bullet trains over a year

Over 40 million trips made via Fuxing bullet trains over a year

The average occupancy rate of the Fuxing bullet trains on the Beijing-Shanghai route reached 94%, 17.5 percentage points more than other models running on similar routes, according to the CRC.

07/04/2018|10:50:26 AM|Ecns.cn
China's railway system to carry 647 million passengers during summer travel rush

China's railway system to carry 647 million passengers during summer travel rush

During the 62-day period, passengers in the country will make a total of more than 10 million train journeys every day, reports Chinese news portal China News.

07/03/2018|11:36:57 AM|GBTimes
Tencent- and Ctrip-invested Tongcheng Elong applies for IPO in Hong Kong

Tencent- and Ctrip-invested Tongcheng Elong applies for IPO in Hong Kong

The average MAUs of Tongcheng and eLong combined increased from 88.7 million in 2015 to 121.2 million in 2017, representing a CAGR of 16.9%.

06/22/2018|7:21:38 AM|ChinaTravelNews
Ctrip eases access to foreign currency in Shanghai

Ctrip eases access to foreign currency in Shanghai

Ctrip aims to capitalize on the country’s growing number of outbound tourists with a network of foreign currency exchange outlets.

06/19/2018|10:06:18 AM|YiCaiGlobal
Tencent, Geely win joint bid for China Railway WiFi provider

Tencent, Geely win joint bid for China Railway WiFi provider

Geely and Tencent joined in the three-way joint venture to create an integrated one-stop platform that will offer mobility service to train users, according to Geely’s announcement.

06/07/2018|12:04:40 PM|Chinamoneynetwork
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