Search results for “Shanghai”
UTour’s outbound wholesale revenue climb 59% in first half of 2016
08/22/2016|9:56:02 AM|
UTour’s operating revenue grew 41.99% to RMB 4.453 billion in first six months. Revenue from its outbound wholesale business was RMB 3.43 billion, up by 59.03% YoY.
Haichang invests US$119 million for Shanghai ocean park land
01/23/2015|5:50:28 PM|
China’s ocean park developer Haichang Holdings won a RMB728 million bid for the land rights for the construction of Haichang Polar Ocean World.
O2O player wanzhoumo.com completes an eight-digit series B round led by Momo
07/19/2016|9:28:25 AM|
Shanghai-based O2O player wanzhoumo.com (“周末去哪儿”) announced on July 18 that it has completed an eight-digit series B round this February. The lead investor was Momo, China’s largest mobile-based social networking platform, and existing investors Blue Lake Capital (“蓝湖资本”) and Matrix Partners (“经纬创投”) also joined.
Beijing Shanghai high speed rail becomes profitable IPO imminent
12/09/2014|11:52:27 AM|
The Beijing-Shanghai high-speed rail is well on target to achieve the projected annual throughput this year of 106 million trips, at a 20% average rate of increase and will begin to turn in a profit.
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.
China Eastern, China Southern to move to new Beijing airport
08/01/2016|10:16:21 AM|
Beijing’s second airport is to redistribute interests in air market, as Air China will stay in Beijing Capital Airport while China Eastern and China Southern will leave.
Ride-hailing platforms including Didi and Uber raise prices, no more money burning
07/28/2016|11:33:16 AM|
Ride-hailing platforms including Didi, Uber, UCAR and Yidao have cut subsidies and raised prices in several cities since last month.
Ctrip becomes China Eastern’s fifth largest shareholder after RMB 3 bn investment
07/06/2016|10:05:19 AM|
China Eastern Airlines has raised RMB 8.548 billion in a private placement and Ctrip has become the carrier’s fifth largest stakeholder after taking 3.22% for RMB 3 billion.
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