Search results for “Pre-A financing”
Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more
09/03/2018|10:51:01 AM|
Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.
Smart in-room vending operator Fun Dora lands $732,200 in angel funding
08/31/2018|3:17:42 PM|
Fun Dora combines vending machines with the O2O takeaway service, and aims to become a world-leading intelligent in-room vending operator for hotels.
Travelport gears up to strengthen its association with Chinese OTAs
09/04/2018|8:00:37 AM|
Being price-driven isn’t enough for Chinese OTAs. They need to differentiate product offerings and services, such as sharpening merchandising capabilities and counting on business intelligence to take their business to the next level, asserts Travelport’s Ming Foong.
Ctrip commits financing for immigration and real estate platform Hinabian
08/20/2018|2:38:12 PM|
The proceeds will be earmarked for implementing overseas business, and Ctrip will gear up its global business reach by providing open access for Hinabian.
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018|11:58:59 AM|
Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
Shared lodging brand Islands completes a new funding round
07/31/2018|9:05:36 AM|
Islands is applying the Uber model to provide branding support for independent hotels in the areas of operation and management, channel sales, membership system, information system and supply chain.
ChinaTravelNews Briefing: Ctrip unveils Oasis Lab, China connects air-rail networks and more
05/18/2018|3:45:18 PM|
Ctrip replaced its incubation program with Oasis Lab for innovative initiatives, budget hotels in China revamped services and experiences for customers, CAAC & CRC announced to connect train-plane networks.
Camp education firm Star Sida pockets multi million yuan in funding
07/20/2018|5:47:39 PM|
In less than four years of operation, Star Sida has registered more than 30,000 campers and parents and expects to serve 20,000 campers in 2018 alone.
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