Search results for “joint venture”
UCAR raises RMB 3.68 billion in latest funding round
04/13/2016|2:27:31 PM|
UCAR completed a financing round on February 29 and raised RMB 3.68 billion, pushing the company’s post-money valuation to RMB 28.7 billion, according to Charles Lu, chairman of the Chinese chauffeured service provider
Didi Kuaidi teams up with China Merchants Bank for mobile payment and strategic funding
01/28/2016|11:46:27 AM|
Didi has formed a strategic partnership with China Merchants Bank, enabling the 14 million Didi drivers to obtain loans from CMB. CMB will also make a strategic investment of an undisclosed sum in Didi.
Huixiaoer completes B round with tens of millions of dollars
03/24/2016|11:25:26 AM|
Meeting venue booking platform Huixiaoer announces the completion of its B-round funding with tens of millions of US dollars. The round was led by DCM Ventures and joined by IDG Capital Partners.
Huazhu plans to open 750-800 new hotels in 2016
03/11/2016|10:17:03 PM|
Chinese multi-brand hotel group Huazhu plans to open 750-800 new hotels in 2016, with 80% for economy hotels and 20% for midscale and upscale ones, and manachised and franchised hotels continue to be the vast majority in the run.
UTour revenue skyrockets by 98.4% in 2015
02/29/2016|11:25:34 PM|
The Chinese outbound travel and MICE services operator UTour reported 98.4% revenue growth for 2015, to RMB 8.366 billion, and operating profit also went up by 79.17% to RMB 259 million.
CITS enters JV to develop tourism retail overseas
12/18/2015|9:47:29 PM|
CITS and a subsidiary have joined hands with four other Chinese outbound tour operators to set up China Overseas Tourism Investment Management Co.
Spring Airlines Japan flying high
12/29/2015|11:15:22 PM|
Spring Airlines Japan has raised 18 billion yen in the recently completed second financing round.
China Lodging Group completes transaction for strategic alliance with AccorHotels
01/28/2016|9:48:03 AM|
China Lodging Group has completed the transaction of strategic alliance with AccorHotels whose economy hotel business progressively integrates into China Lodging Group's network.
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