Search results for “finance”
DadaBus raises US$31 million in B Series financing
10/05/2015|4:27:57 PM|
Bus-share startup DadaBus announced it raised RMB200 million (approx: US$31.4 million) in its B Series financing round.
Spring Airlines posts 28.42% slump in 2016 net profit
04/05/2017|9:53:57 AM|
China’s biggest low-cost carrier reported a 28.42% fall in net profit for 2016. The airline also announced that its chairman Mr. Zhenghua Wang has stepped down and been replaced by his son and former president of the company, Mr. Yu Wang.
Shimao Property partners with Starwood Capital to create new hotel JV in China
03/30/2017|7:25:18 PM|
Chinese developer Shimao Property and global private investment firm Starwood Capital will establish a new hotel joint venture based in China. The venture will be owned 51% by Shimao and 49% by Starwood Capital.
Baidu Capital appoints Ctrip's former CSO Jenny Wu as first Managing Partner
11/23/2016|5:34:51 PM|
Baidu Capital appointed Ctrip's former CSO Jenny Wu as its first managing partner. The company will form a dedicated travel industry fund with Ctrip.
China Lodging makes a compelling statement with Q1 results
05/18/2016|4:27:30 PM|
With their latest financial results, the group has asserted that their strong innovation capability drives underlying robust performance.
PGC trip planning service Youpu raises multi-million yuan financing
09/22/2015|4:43:08 PM|
Youpu, a startup specializing in independent itinerary planning for outbound travel, announced it raised several million yuan in its A Series financing round.
Hotel conglomerate LN Holdings’ 2016 net profit drops 21.96% to 30.61 million yuan
03/23/2017|11:05:06 AM|
LN Holdings reported operating revenue of RMB 303 million in 2016, down by 0.99% YoY. Net profit dropped 21.96% to RMB 30.61 million during the time.
TMC platform Miutrip supports industry small fries with new financing
09/16/2015|3:25:21 PM|
Miutrip, a travel management company (TMC) specializes in providing integrated solutions for business travel, announced it has received multi-million investments in its A Round financing.
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