Search results for “Acquisition”
OYO China announces the resignation of its Chinese CFO
07/08/2020|12:15:31 AM|
Mr. Li has decided to move on from the company "to pursue other professional opportunities".
Leveraging 3rd party flagship stores for building "in China for China" business
07/05/2020|5:23:21 PM|
Foreign hotel companies are setting up their flagship stores on Ctrip and Fliggy, and looking at them as a way to let locals shop in a way they are accustomed to.
E-commerce giant sells OTA asset; Accor works on recovery in China | Weekly Review
06/27/2020|2:52:42 PM|
Shiji gained three months to sell its U.S.-based asset StayNTouch; Trip.com Group unveiled a USD 500 million fund for its travel partners.
US regulator extends deadline for Shiji to sell StayNTouch
06/22/2020|8:30:34 PM|
Chinese hotel tech giant was granted three more months to divest all its interests in the acquisition of a US startup.
China Southern raises $1.8 billion; Outbound travel grew 3.3% | Daily Brief
06/22/2020|9:11:57 PM|
US denied a request by Chinese airlines to increase the number of flights; China's 600 km/h maglev vehicle completes trial run.
Didi starts international travel agency; Trip.com faces more challenges | Weekly Review
06/01/2020|10:59:28 AM|
The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.
Caissa Travel suspends purchase of Tuniu shares from JD.com
06/01/2020|10:01:08 AM|
If Caissa Travel buys Tuniu shares as planned, it will possibly assume a heavy financial burden and take the risk of not getting returns in the long term.
Hotel conglomerate Jin Jiang consolidates China units
05/26/2020|12:04:03 AM|
Jin Jiang has accelerated its international expansion through mergers and acquisitions since 2015, acquiring Louvre Group, Plateno Group, Vienna Hotels Group and Radisson Hotels.
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