Search results for “China”
Mofang Apartments raises US$200 million form Warburg Pincus
05/21/2015|10:44:35 AM|
Apartment rental platform Mofang Apartments has raised a total funding of close to US$200 million from Warburg Pincus to accelerate growth with its Apartment + strategy.
Local travel startup Yikuaiqu raises US$4 million in A+ financing round
08/04/2015|5:29:36 PM|
Online local travel service Yikuaiqu announced it received RMB25 million (approx: US$4 million) in an A+ financing round.
Jin Jiang Hotels earns 49.2% more y-o-y for shareholders in first half
09/01/2015|7:21:16 PM|
Shanghai Jin Jiang International Hotels Group chalked up 50.5% increase in operating profit, totaling RMB1.325 billion in the first half of the year.
Juneyao Air’s share price up 44% on first trading day
05/28/2015|9:25:09 PM|
Juneyao Air share price quickly shot up 44.01% from the issue price of RMB11.18 to the maximum limit of RMB16.10 on the first day of trading.
Chinese car rental companies need to explore supplementary distribution avenues
07/21/2015|9:39:22 PM|
Car rental operators in China are looking at strengthening their distribution mix and related technology expertise as they target newer ways of revenue generation.
Shandong Airlines to sell its 20% stake in Qingdao Airlines
08/31/2015|5:02:13 PM|
Shandong Airlines announced a public tender of its 20% stake in Qingdao Airlines at a base price of RMB200.8 million.
Mobile rules, but offline, too, is pivotal as car rental brands scale up
08/22/2015|8:53:45 AM|
Car rental and service providers in China are looking at mobile for growth and cost controlling but that doesn’t mean that offline touch points are going out of favour.
BTG Hotels invests US$3.5 million for country resort and ecommerce subsidiaries
09/29/2015|10:39:37 AM|
BTG Hotels is investing RMB22.5 million in the joint venture BTG Lohas Cultural Tourism and its wholly-owned subsidiary BTG Ecommerce.
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