Search results for “China”
Boutique travel platform Zanadu raises US$12 million in Tencent-led financing
12/23/2015|7:45:50 PM|
Boutique travel website Zanadu announced it received over RMB80 million in its A+ financing round, in which IT giant Tencent is the lead investor.
Hotel consolidator Dida Travel lists on the New Third Board
12/18/2015|10:27:15 AM|
Shenzhen-based Dida Travel has made a high-profile listing on the New Third Board and become the first international hotel resource consolidator to go public in China.
Shanghai aims to become third busiest aviation hub in the world by 2020
12/30/2015|11:12:16 PM|
Shanghai Pudong International Airport has officially embarked on its third construction phase to build a satellite hall for the airport that is scheduled to be completed in 2019.
HNA-Caissa-led consortium to acquire 43.88% of FlightManager for RMB 933 million
03/25/2016|10:16:44 PM|
A consortium led by HNA-Caissa and Caissa Sega, along with CAAC Private Equity Fund and Beijing CAAC HeYuan Investment, plans to invest RMB 933 million to acquire 43.88% shares of Shenzhen Huoli Tianhui Technology, the parent company of flight management App FlightManager.
Alibaba completes surprising investment in UCAR with a 10% stake
03/24/2016|5:08:53 PM|
Alibaba is said to have completed its investment in B2C chauffeured service UCAR, splashing out RMB 3 billion in exchange for nearly 10% of UCAR’s shares.
Time for hotels to dig deeper post consolidation among OTAs
12/22/2015|3:33:41 PM|
2015 witnessed heavy consolidation in the OTA space in China. So what needs to be done by hotels to balance out their distribution mix?
Meituan-Dianping raise US$2.8 billion in financing
12/23/2015|9:29:03 PM|
Meituan-Dianping has already raised US$2.8 billion in financing as of mid-December this year through the issuance of Class B shares.
LY.com and Lotte Tour in JV to develop travel to Korea
12/12/2015|11:19:43 PM|
LY.com is setting up a joint venture company with Korea’s Lotte Tour in a strategic partnership to consolidate local Korean tourism resources and procurement.
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