Search results for “global investment”
Shiji acquires majority stake in guest intelligence ReviewPro for EUR 26.36 million
01/16/2017|6:23:22 PM|
Shiji, a Chinese hotel information company partially owned by Alibaba, acquired a 79.47% stake in Spain-based hotel review company ReviewPro for EUR 26.36 million.
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.
Ctrip takes a big step in pursuit of going global
11/27/2016|9:50:20 AM|
Drifting away from intense competition in the domestic OTA market, Ctrip seems to have come a long way in a span of 18 months. The decision to acquire Skyscanner means Ctrip isn’t just a single market player anymore.
Fosun spins off travel unit for IPO in 2020
12/01/2016|9:02:17 AM|
China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
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.
Expedia will become world's first $100bn travel agency
12/12/2016|4:49:03 PM|
Expedia is on the way to becoming the world’s first $100 billion travel agency, a landmark it will achieve in the next few years, according to its chief executive.
China Eastern Airlines plans to spin off logistics business
12/08/2016|10:58:35 AM|
China Eastern Airlines is planning to transfer its stake in wholly-owned subsidiary China Eastern Airlines Logistics Co., Ltd. to another subsidiary of its parent holding company.
Ctrip invests in test-tube baby service provider IVF USA
11/23/2016|10:24:26 AM|
The strategic investment in test-tube baby technology provider enriches Ctrip’s medical travel contents and enables the OTA to get a stronger control on destination resources.
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