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Juneyao Air to raise US$574 million for fleet expansion and online travel venture
07/15/2015|9:56:36 AM|
Juneyao Air plans to raise RMB3.565 billion (approx: US$574 million) to expand its fleet and enter the online travel industry to open new sources of revenue.
Visa and destination travel platform Baicheng raises US$32 million
07/14/2015|10:03:32 AM|
Baicheng will extend its services from visa to specialized destination travel to grow from one million users to 10 million users.
Lenovo leads US$24 million investment in overseas Wi-Fi provider Skyroam
07/14/2015|10:02:37 AM|
Skyroam will expand the global coverage of its mobile roaming service, introduce more discounted service packages and more VSIM smart terminals.
Bike-share startup ofo grabs $450 million in D round backed by DST, Didi
03/03/2017|6:25:32 PM|
Bike rental company ofo announced that it has raised USD 450 million in the recently closed series D round funding, backed by DST, Didi, CITIC and others.
Top Chinese outdoor and sports event organizer Huway gets US$6.44 million
07/13/2015|10:05:28 AM|
Huway has received RMB40 million (approx: US$6.44 million) from Mango Haitong Creative Arts Investment Fund in its A Series financing round.
Travel utility app There Travel raises US$1.9 million angel investment
07/13/2015|10:05:44 AM|
There Travel has received an angel investment of RMB12 million that it plans to use to fine-tune its products and develop the market, according to its CEO Ning Shi.
China-US aviation records 6 million passenger trips in 2014
05/07/2015|11:00:14 AM|
The aviation services between China and the US carried a total of 6.13 million passengers/trips both ways in 2014.
Small-scale PMS Golden Swan gets US$1.6 million Pre-A financing
07/10/2015|10:07:18 AM|
“Our goal is to become the leader in the market of medium- and small-sized hotels in third- to sixth-tier cities within the next three years,” said CEO Lihua Xiao.
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