Search results for “RMB”
Mankr receives millions of yuan in an angel round
06/02/2016|11:43:44 AM|
Outbound travel service platform Mankr said that the company has completed an angel round in May with millions of yuan from an individual investor.
Bullish outlooks for Chinese airlines as they emerge from exchange rate hits
04/24/2016|7:57:59 AM|
China’s carriers are enjoying more favorable outlooks than their overseas counterparts, thanks to cheap oil price, great domestic demand and supportive regulatory policies, but it remains to be seen if the advantage can be sustained
Travelsky takes stake in China Merchants’ new insurance arms
05/25/2016|9:29:06 AM|
Travelsky announced that it would make two investments of RMB 875 million each to take 17.5% shares from each of the two new China Merchants Group subsidiaries, CMRH Life and CMRH P&C
Joint-venture agencies with foreign capital to conduct outbound tours
05/26/2016|10:27:10 AM|
Beijing allows joint-venture travel agencies with foreign capital to conduct outbound tours to overseas destinations except Taiwan under a new pilot scheme
Juneyao Airlines net income surges 144.87% in 2015
04/17/2016|9:14:32 AM|
Juneyao Airlines registered 144.87% increase in net income to RMB 1.047 billion in 2015
China Lodging makes a compelling statement with Q1 results
05/18/2016|4:27:30 PM|
With their latest financial results, the group has asserted that their strong innovation capability drives underlying robust performance.
HNA-Caissa aborts Capital Airlines acquisition, turning to expand outbound services
05/10/2016|10:31:19 PM|
HNA-Caissa has decided to walk away from its bid for Capital Airlines, and instead will raise up to RMB 8 billion via private placement to expand outbound tour services
LY.com taps into TMC segment by funding DT Travel
05/04/2016|8:47:36 PM|
LY.com announced that it has invested in DT Travel’s series A round. The move will help it expand in the TMC segment, which is estimated to be turning over more than RMB 100 billion and is expected to grow by 15%-20% annually for the next five years
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