Search results for “investment and financing”
Bike-sharing firm Ofo raises $700 million in E round, backed by Alibaba
07/06/2017|6:11:42 PM|
China's bike-sharing platform Ofo announced that it has received more than USD 700 million in its series E round funding. The round had Alibaba, Hony Capital and CITIC as the lead investors and also involved Didi Chuxing and DST.
Overseas independent travel provider RRUU raises RMB 35 million
08/18/2017|3:19:00 PM|
RRUU has recently received RMB 35 million in its A+ round financing and is to complete the B-round financing later this year.
Ctrip's transport ticket revenue climbs 49% in Q2, aided by Skyscanner
08/31/2017|5:20:39 PM|
Net revenue rose 45% to RMB 6.4 billion in the quarter. Accommodation revenue was RMB 2.3 billion (USD 341 million), up by 30%. Transportation revenue climbed 49% to RMB 3.0 billion (USD 441 million).
Crowd funding platform Duocaitou completes $10 million A round
06/23/2017|11:13:07 AM|
Crowd funding platform Duocaitou has raised USD 10 million in its Series A round financing. DCM Ventures was the lead investor and Shunwei Capital also participated in the round.
Mobike closes $600 million E round backed by Tencent
06/20/2017|8:35:38 AM|
Bicycle rental platform Mobike has just raised over USD 600 million in its series E round funding backed by Tencent. The company plans to enhance its globalization, the Internet of Things, and AI.
Triploc closes A round financing, aiming to be the eBay of outbound independent travel
08/07/2017|11:22:44 PM|
Triploc has raised tens of millions of yuan from PurpleSky and Mingxiang Ventures in its A-round financing. In the last year, the number of users of Triploc had increased from 200,000 to 1.2 million.
Tongcheng and eLong said to have entered into a new round of strategic cooperation
08/11/2017|11:50:16 AM|
China Travel News has learned that Tongcheng and eLong have entered into a new round of strategic cooperation.
China Lodging expects 23%-26% revenue growth with Crystal Orange acquisition
08/17/2017|8:00:45 PM|
China Lodging Group (Huazhu) raises net revenues growth range to 23%-26% given the consolidation of its Crystal Orange Hotel acquisition and better-than-expected performance in 2017.
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