Search results for “RMB”
CAR Inc. net profit soars by 220% thanks to hired and rental services
03/11/2016|10:17:23 PM|
Buoyed by its strategic expansion in car-rental, ride-sharing and second-hand car trading, the B2C-focused CAR Inc. registered 220% growth in net profit last year.
HNA-Caissa’s net income leaps 129.72% in 2015
03/08/2016|6:30:42 AM|
HNA-Caissa recorded annual revenue of RMB 4.935 billion in 2015, with travel service accounting for RMB 4.259 billion. Net income applicable to common shareholders was RMB 206 million, up by 129.72% YoY.
UCAR becomes controlling shareholder of CAR Inc. after shares transfers
03/16/2016|10:09:54 PM|
Following share transfers from Hertz Holdings and the management of CAR Inc. to UCAR, the chauffeured service provider will become the largest shareholder of CAR Inc.
Ctrip’s partner UTour plans full acquisition of HuaYuan
03/03/2016|6:18:43 PM|
Ctrip’s partner Beijing Utour International Travel Service Co Ltd (UTour) plans to buy out Huayuan International Travel (HuaYuan) for RMB 2.6 billion. The funds for the purchase will be raised by issuing 65.61 million shares at RMB 35.82 per share plus RMB 250 million in cash.
Transport Minister: Car-hailing rules draft completed
03/10/2016|11:31:26 AM|
China's transport minister announced that the provisional rules on car-hailing service had been drafted while reiterating this does not necessarily mean legitimization of the business.
Local travel service Yikuaiqu prepares New Third Board listing
04/06/2016|11:23:53 AM|
Chinese local travel platform Yikuaiqu.com may become the first of its kind to get listed on the New Third Board. The company expects to be profitable within three years despite fierce competition in the segment
eHi upbeat about prospects despite marginal loss in Q4
04/05/2016|10:12:31 PM|
eHi expects 2016 to be another record year for its revenue growth. The team is counting on its integrated business model, brand awareness and mobile infrastructure.
Spring Airlines gets to go ahead for buying 60 Airbus jets
03/04/2016|6:41:55 AM|
China's first and largest low-cost carrier Spring Airlines has won shareholders’ approval to buy 60 Airbus aircraft for further expansion in low-cost aviation and to issue RMB 2.3 billion bonds.
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