Search results for “funding”
Shared lodging brand Islands secures tens of millions of yuan in financing
04/17/2018|8:51:26 AM|
Islands pools together existing room inventories in centrally located neighborhoods and lease them at 80% of the operating cost, to help generate returns on otherwise unused room stocks.
Ctrip funds consumer finance company ShangCheng
11/29/2016|9:32:52 AM|
Ctrip has joined a group of investors including Bank of Shanghai to set up ShangCheng Consumer Finance. The bank has finance expertise while the OTA can contribute online data.
China’s hotel consolidator DidaTravel raises $8 million
04/09/2018|8:42:41 AM|
DidaTravel will continue to increase direct procurement of hotel resources, expand overseas sales and domestic offline channels after completion of the current round.
ChinaTravelNews Briefing: Mobile payment, blockchain and destination services
03/12/2018|1:55:59 PM|
For the last fortnight, latest tourism statistics underlined China’s position as a vital source market, and fresh funding flowed into China's blockchain travel and destination service startups.
Chinese car rental firm eHi enters into definitive merger deal
04/06/2018|11:01:52 PM|
Teamsport Parent will acquire eHi in a deal that values eHi at USD 937.5 million. Ctrip held a 14% equity interest in eHi as of 2016 with aggregated investment cost of USD 107 million.
A glance at upcoming ITB China Conference
04/03/2018|4:50:36 PM|
Leaders to share insights at ITB China Conference include Ctrip chairman James Liang, Phocuswright founder Philip C. Wolf, and executives from China Tourism Academy, Wyndham Hotel Group, Fliggy, Tencent and Meituan.
Outbound driver-guide platform Hi Guides receives $50 million
03/01/2018|2:55:43 PM|
The current funding will be deployed for brand building, manpower development and resource distribution at destinations.
Smart transport provider Tech Valley secures tens of millions of yuan
03/29/2018|1:35:00 PM|
The company is expecting revenues in excess of RMB 60 million in 2018 and RMB 100 million in 2019.
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