Search results for “investment and financing”
Tuniu packaged-tour revenue rises 53% in Q3 2017
11/27/2017|6:45:29 PM|
Net revenues increased 53.5% to RMB 806.1 million (USD 121.2 million). Revenues from packaged tours climbed 53% to RMB 604 million (USD 90.8 million) in the third quarter.
Homestay booking platform Muniao completes B+ round financing
11/08/2017|7:26:26 PM|
China’s short-term home-sharing startup Muniao has completed its B+ round financing. The new investors are Quan Funds, Oriental Fortune Capital, Innovation Angel Funds, Plum Ventures and Max Capital.
Utour reaps 3.875 billion yuan from outbound wholesale in H1 2017
08/23/2017|7:08:47 PM|
In the first half of 2017, Utour chalked up total operating revenues of RMB 5.05 billion, up by 13.40%, and incomes of outbound wholesaling business grew by 13.11% to RMB 3.875 billion.
Ctrip ticketing revenue grows 41% to $515m aided by Skyscanner
11/02/2017|10:39:30 AM|
Ctrip's net revenue rose 42% to RMB 7.9 billion in the third quarter of 2017. Air tickets sold by the company's international unit continued to grow at a triple-digit percentage rate.
Meituan-Dianping gets $4 billion funding, backed by Tencent, Priceline
10/19/2017|1:45:41 PM|
China’s local service platform Meituan-Dianping has received USD 4 billion investment, backed by Tencent and The Priceline Group. It is valued at USD 30 billion after the financing.
HNA to pump ￥50 billion to promote digital transformation with HiApp
10/18/2017|5:40:17 PM|
HNA plans to pump ￥50 billion into tourism digital transformation by supplying public service products for innovators and services to innovative enterprises that offer unique services and technology.
Jinjiang dumps its majority stake in Joyu for RMB 970 million
10/20/2017|4:28:53 PM|
Jinjiang International has transferred its 16.1892% stake in Joyu Group for RMB 969.8 million, after which it will no longer be a shareholder of Joyu.
Ride-booking App Shouqi secures RMB 600 million B round
10/26/2017|3:44:15 PM|
China’s ride-booking App Shouqi Limousine & Chauffeur has secured RMB 600 million from a subsidiary of China Oceanwide Holdings Group, which now holds a 11.67% stake in the company.
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