Search results for “Chinese shareholder”
HNA to boost stakes in Yangtze River Express and TAP Portugal
07/20/2016|9:59:39 AM|
Hainan Airlines plans to increase its holding in Yangtze River Express to 11.58% for RMB 915.2 million and raise its stake in TAP Portugal to 23% for EUR 30 million.
Ctrip halts agent listings of domestic flights scheduled after September 1
06/21/2016|10:18:55 AM|
Ctrip announced to its ticketing agents that it will no longer let agents sell domestic flight tickets on the platform. The decision was effective from June 17 and applicable to tickets scheduled to fly on and after September 1.
Tujia acquires Mayi in strategic tie-up with 58 Inc.
06/22/2016|10:18:06 AM|
Tujia has fully acquired Mayi.com, and has made Mayi’s former controlling shareholder 58.com Inc. a new shareholder of Tujia.
Air China restores flagship store on Qunar in an ice-breaking move
06/14/2016|1:24:12 PM|
ChinaTravelNews learned that Air China has reopened its flagship store on major Chinese OTA Qunar, but the carrier’s ticket agents have yet to resume listing their products on the booking website.
Jin Jiang confirms plan to acquire 80% stake in Vienna Hotels Group
04/28/2016|9:21:41 PM|
Major Chinese hotel operator Jin Jiang announced that it planned to buy 80% shares of Vienna Hotels Group
Outbound travel service Baicheng gets New Third Board listing
04/27/2016|2:55:04 PM|
Beijing Baicheng International Travel was listed on New Third Board on April 22; Alibaba holds 16.47% stake in the travel agency as the second largest shareholder
CITS net income grows 2.42% in 2015
04/27/2016|7:54:06 AM|
CITS posted 6.8% revenue increase to RMB 21.292 billion for 2015, and net profit attributable to shareholders of parent company was RMB 1.506 billion, up by 2.42%
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.
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