Search results for “finance”
HNA raises RMB 12.5 billion on New Third Board in 2016
12/26/2016|9:37:37 AM|
HNA’s Capital Helicopter announced that it has raised RMB 3.2 billion in a private placement, said to be the largest sum raised on the New Third Board so far this year. It has boosted the total sum raised by HNA on the board in 2016 to more than RMB 12.5 billion.
Didi Kuaidi teams up with China Merchants Bank for mobile payment and strategic funding
01/28/2016|11:46:27 AM|
Didi has formed a strategic partnership with China Merchants Bank, enabling the 14 million Didi drivers to obtain loans from CMB. CMB will also make a strategic investment of an undisclosed sum in Didi.
Alibaba forms local lifestyle platform JV with Ant Financial
06/23/2015|10:08:56 AM|
Both parties will invest RMB3 billion in the Koubei platform that will leverage Alibaba’s gourmet platform and Ant Financial’s offline operations and management.
Tempus Global’s net profit jumps 16.24% in first three quarters
11/04/2016|1:51:51 PM|
Tempus Global reported operating revenue of RMB 869 million in first three quarters, 22.53% more than same period of last year. Net income rose 16.24% to RMB 124 million.
Sabre reports fourth quarter and full year 2015 results
02/09/2016|11:23:46 AM|
Sabre's Q4 2015 Travel Network revenue increased 22.3% to $531.2 million and its Adjusted EBITDA increased 20.9% to $208.0 million. Total bookings increased 33.0% driven by the acquisition of Abacus and continued strong growth in North America and EMEA.
B2B travel platform Zmyou raises US$8 million in Series A financing
06/24/2015|10:04:47 AM|
Zmyou received an A Series investment worth RMB50 million, bringing the company’s estimated value to RMB300 million,
Travelzoo reports fourth quarter 2015 results
02/12/2016|6:39:26 AM|
In the fourth quarter of 2015, the number of Travelzoo members worldwide continued to increase to 28.4 million.
Expedia reports Q4 and FY2015 results
02/11/2016|5:57:39 PM|
On February 10 Expedia announced financial results for the fourth quarter and full year 2015 with its gross bookings increased 40% and revenue increased 29% year-over-year in the fourth quarter of 2015.
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