Search results for “business expansion”
Mobike closes $600 million E round backed by Tencent
06/20/2017|8:35:38 AM|
Bicycle rental platform Mobike has just raised over USD 600 million in its series E round funding backed by Tencent. The company plans to enhance its globalization, the Internet of Things, and AI.
Meituan gains traction in luxury hotel bookings
06/13/2017|5:12:29 PM|
Meituan revealed that the platform listing mainly luxury hotels has a listing of 15,000 hotels, or 92% of luxury hotels in China.
Tongcheng Tourism plans to invest in Hongtu Airlines
07/05/2017|9:44:26 AM|
Tongcheng Tourism is said to eye a strategic investment in Hongtu Airlines, as China’s OTAs seek to extend on supply and demand sides to gain customers and build their own core advantages by providing a full range of services.
Chinese OTAs open up to new ways of distribution connectivity and integration
07/04/2017|9:50:52 AM|
Emirates' decision to make their offerings available for booking on Alitrip (Fliggy) via an NDC API indicates the readiness of intermediaries in China to embrace new developments.
New investor of Yidao Yongche displaces LeEco as majority shareholder
06/30/2017|11:40:05 AM|
Chinese ride-hailing firm Yidao Yongche announced that it has brought in a new investor which will replace LeEco as controlling stakeholder of Yidao.
China Travel International's net profit plummets 74% in 2016
03/30/2017|6:21:14 PM|
Tourism conglomerate China Travel International reported revenue of HK$4,070 million in 2016, down by 7%. Profit attributable to shareholders tumbled 74% to HK$350 million.
Wanda bares ambition in sports tourism after snapping up prominent marathon organizer
06/06/2017|5:51:03 PM|
Wanda has snapped up Competitor Group Holdings, Inc (CGI), best known as the organizer of Rock n Roll Marathon series, and bares its ambition in expanding into sports tourism.
Fliggy enters tailored travel field with strategy on creating travel design ecosystem
06/05/2017|7:03:15 PM|
Alibaba’s travel brand Fliggy has announced a strategy on building a travel design ecosystem and introduced five new products lines.
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