Search results for “A shares”
Ctrip buys Skyscanner, reaps $4million net income in Q3
11/24/2016|1:46:43 PM|
Ctrip announces the deal to acquire UK-based travel search site Skyscanner. The company reaped USD 4 million net income in Q3 2016, after previous quarter's net loss with Qunar's consolidated results.
Xbed raises 50 million yuan in ongoing Pre-A round
12/08/2016|11:39:40 AM|
Accommodation booking startup Xbed is raising RMB 50 million in its on-going Pre-A round that has Gobi Partners and QF Capital as lead investors.
Fosun spins off travel unit for IPO in 2020
12/01/2016|9:02:17 AM|
China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
Ctrip funds consumer finance company ShangCheng
11/29/2016|9:32:52 AM|
Ctrip has joined a group of investors including Bank of Shanghai to set up ShangCheng Consumer Finance. The bank has finance expertise while the OTA can contribute online data.
Xiaozhu raises USD 65 million in C+ and D rounds
11/03/2016|9:38:14 AM|
Homestay startup Xiaozhu received USD 65 million in C+ and D rounds. The C+ round was backed by Capital Today and the D round had JOY Capital and BAI as lead investors.
Priceline reports 150 million room nights booked in Q3
11/07/2016|7:20:32 AM|
Priceline Group‘s third quarter gross travel bookings were USD 18.5 billion, up by 25% YoY. International operations contributed gross profit of USD 3.3 billion, up by 25%.
Ctrip merges with Qunar in vacation unit, denies Tuniu takeover
11/23/2016|10:41:01 AM|
Ctrip’s senior management announced in an internal letter that the company has merged with Qunar in their holiday units. Rumor of Ctrip buying Tuniu has been denied, meanwhile.
FIT Ruums partners with DidaTravel Technology in China
11/22/2016|3:58:14 PM|
Webjet Limited’s newly launched B2B accommodation distributor FIT Ruums has formed a partnership with DidaTravel Technology in China.
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