Search results for “RMB”
China Southern to replace commission and overrides by flight segment fee
06/02/2016|6:57:24 PM|
China Southern Airlines, Asia’s largest carrier by fleet size, plans to replace Z Value commission and rebate with fee per flight segment for domestic ticketing agents, effective July 1.
Spring Airlines revenue jumps 10.45% YoY in 2015
05/28/2016|10:25:04 AM|
Spring Airlines’ 2015 revenue grew 10.45% YoY to RMB 8.094 billion, of which passenger service revenue grew 9.1% to RMB 7.576 billion, accounting for 98.78% of the total revenue
Phoenix Travel Worldwide plans listing with shell
06/01/2016|9:09:48 PM|
Outbound travel service provider Phoenix Travel Worldwide (“凤凰旅游”) announced plans to go public using Lantian Stock as a shell, pending a share swap within Lantian.
China Lodging and Vanke back SimplyWork in series A round
06/22/2016|11:51:18 AM|
Office-sharing platform SimplyWork announced that the company has raised RMB 30 million in its series A round. The round had China Lodging Group, Vanke and IDG Capital as investors.
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.
Ctrip bullish over consolidated operating results with Qunar
06/20/2016|10:15:11 AM|
Ctrip started to consolidate Qunar’s financial statements from the accounting perspective. The companies are hopeful of posting non-GAAP operating profit soon.
China Eastern resumes flagship store on Qunar following Air China’s lead
06/16/2016|3:29:32 PM|
China Eastern Airlines reopened its flagship store on Qunar on June 14, just one day after a similar move by Air China. The booking aggregator’s current listings also include China Eastern’s code-share flights operated by China Southern Airlines.
Fosun leads bike-sharing firm HelloBike's $153 million funding
12/27/2017|7:11:36 PM|
HelloBike announced that it has raised RMB 1 billion (USD 153 million) in its D2 round of financing, which is led by Fosun and backed by Ant Financial that also invested in the last round.
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