Search results for “finance”
Film Hotel raises $16 million in funding to speed up budget hotel makeover
04/11/2018|5:01:02 PM|
By integrating “films” and “hotels”, Film Hotel will create a new differentiated mid-scale hotel brand.
Ctrip upgrades internal incubation program to Oasis Lab for innovation
05/05/2018|9:06:36 AM|
Ctrip replaces internal incubation program introduced two years ago with the new Oasis Lab and puts external innovative projects on its radar too.
ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017|2:15:13 PM|
In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
Travel solution provider TibetJust secures 100 million yuan in angel round
03/16/2018|4:54:36 PM|
Tibet-bound travel solution provider TibetJust has recently raised RMB 100 million in an angel round of financing, backed by travel platform Zuotoujing.
Chinese bike-sharing merger HelloBike scoops $350 million
12/04/2017|4:48:44 PM|
HelloBike has completed a USD 350 million D1 round of financing, and it has led the growth in bike-sharing in second- and third- tier cities.
Tujia COO: Collaboration with Airbnb being mooted for synergy
03/13/2018|8:22:45 AM|
Tujia has seen the possibility to work with Airbnb. “It is quite worthwhile to explore cooperation in shared inventories, room status and even the promotion of the legalization of global B & B business."
Tuniu cuts net loss to 41.7 million dollars in Q1 2017
05/26/2017|9:40:33 PM|
Tuniu trimmed its net loss to RMB 287.4 million (USD 41.7 million) in Q1 2017 from RMB 538.5 million in Q1 2016 by "improving operational efficiency and realizing economies of scale."
China’s flag carriers chalk up lower-than-expected revenue increase
03/30/2018|3:58:36 PM|
Fuel price, as an important factor affecting the profitability of airlines, sees different market forecasts and should draw a cautious attitude from airlines.
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