Search results for “financial reports”
Chauffeured war heating up as Didi set to complete another financing round
04/11/2016|4:29:02 PM|
Not long after Uber expressed confidence in turning a profit in China within two years, its arch rival Didi Chuxing is to close yet another round of funding, with UCAR-linked Alibaba among the investors
Poly Real Estate plans to invest RMB 2.5 billion in Didi
06/23/2016|10:50:36 AM|
Poly Real Estate will purchase 1.46% shares of Didi for less than RMB 2.5 billion. This puts the ride-share giant’s worth at about USD 26 billion. However, other data indicate that Didi may be worth at least USD 27.6 billion.
Tujia acquires Mayi in strategic tie-up with 58 Inc.
06/22/2016|10:18:06 AM|
Tujia has fully acquired Mayi.com, and has made Mayi’s former controlling shareholder 58.com Inc. a new shareholder of Tujia.
Ctrip bullish over consolidated operating results with Qunar
06/20/2016|10:15:11 AM|
Ctrip started to consolidate Qunar’s financial statements from the accounting perspective. The companies are hopeful of posting non-GAAP operating profit soon.
Cncn Travel is to close series B round
06/20/2016|9:42:47 AM|
Cncn Travel is close to completing its series B round. Whether the company will speed up its expansion after the capital injection remains to be seen.
Online hostel booking platform QmanGo completes a new round of investment
05/31/2016|9:28:27 AM|
Online hostel booking platform QmanGo has won investment from Million Tons Capital and KeyTone Ventures in its latest investment round.
Didi denies rumored plan to get US listing in 2018
05/31/2016|10:33:53 AM|
Ride-hailing service Didi Chuxing, the main rival of Uber Technologies Inc in China, denied on May 30 a rumored plan to go public in the United States in 2018.
China’s carriers report buoyant Q1 results
05/04/2016|9:17:21 PM|
Major Chinese carriers posted decent gains in first quarter of the year due to ongoing low crude prices and increasing domestic demand
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