Search results for “Beijing”
China's Airbnb Zhubaijia raises US$31 million
08/13/2015|10:21:00 AM|
Overseas short-term rental platform Zhubaijia announced it raised almost RMB200 million in its B Series financing round.
CAAC vows reform to stamp out endemic corruption in flight approval process
07/31/2015|8:58:37 PM|
CAAC is adopting a registration system for air routes, instead of the discretionary approval process that has fueled corruption among China’s aviation authorities.
Uber launches UberPool carpool service in China as “Peoples’ Uber +”
08/27/2015|6:09:20 PM|
Uber has begun a trial run of new carpooling function “Peoples’ Uber +”, in the Shanghai. The function is said to able to help users save up to 30% on fares.
Chinese outbound travel – OTAs figure prominently in hotel distribution mix
08/27/2015|6:07:31 PM|
For hotel companies targeting Chinese outbound travel segment, the reliance on OTAs is important at this juncture.
eLong sets up special committee to evaluate Tencent’s privatization offer
08/14/2015|3:12:11 PM|
eLong has formed a special committee of three independent directors – May Wu, Shengli Wang and Adam J. Zhao – to evaluate the privatization from Tencent.
Hainan Airlines shareholders get 231.92% y-o-y hike in earnings on shares in Q2
08/14/2015|2:59:07 PM|
Hainan Airlines has recorded 1.602 billion in net profits attributable to its shareholders in the first half of the year, representing an increase of 231.92% y-o-y.
Utour jointly invests in US$322 million outbound tourism investment fund
08/10/2015|4:09:13 PM|
Utour will invest in a 10% stake in JV tourism investment company Tianjin Youtou Jinding Investment.
Chinese carriers to spend over US$4 billion on planes to meet long-haul flight demand
07/21/2015|2:49:31 PM|
The Chinese aviation sector's turnaround is attributed to lower fuel costs and explosive growth in international air routes.
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