Search results for “localization”
Ctrip sees 430-billion-yuan GMV in 2016
02/24/2017|9:53:15 AM|
Ctrip posted GMV of RMB 430 billion (USD 62.5 billion) in 2016 and the company wants to grow Skyscanner's contribution to Ctrip's international business from 10%-20% currently to one-third or even more in the future.
Meituan-Dianping announces 3-billion-yuan fund for consumer sector
02/22/2017|11:47:29 AM|
Meituan-Dianping kick-started an industrial fund, targeting to invest RMB 3 billion in the consumer sector. The funding sources include Meituan-Dianping, Tencent and New Hope Group.
Europe gears up to capitalize on prowess of China as a source market
02/22/2017|10:35:49 AM|
The European Union is preparing activities for the forthcoming EU-China Tourism Year. The decision to christen Europe as the first partner destination for the ITB China event is such initiative.
Marriott brings new hotel brands to China
03/21/2017|4:17:34 PM|
Marriott has introduced its independently-branded upscale hotel the Shanhaitian Resort Sanya to China, following an earlier Chinese debut of its Tribute Portfolio collection last month.
CAR Inc. reports slight increase in three-quarter net profit
11/17/2016|6:56:39 PM|
CAR Inc. posted net profit of RMB 1,388 million in first three quarters and the company's chairman believes the new car-hailing rules are good for subsidiary UCAR.
Orient Victory China buys 78% stake in Japanese hotel firm Nibou
03/14/2017|2:02:41 PM|
Orient Victory China Holdings will buy a 78% stake in Nibou Company Limited, a Japanese hotel company, for JPY 103,740,000 (USD 903,163).
Airbnb appoints new president in China
07/10/2018|10:37:39 AM|
Tao Peng, a local serial entrepreneur who built companies like Breadtrip, CityHunter and co-founded CityHome, announced personally that he would join Airbnb in September as President of Airbnb China.
Songcheng to build billion-yuan theater park in Australia
11/11/2016|10:05:14 AM|
Songcheng plans to build an entertainment park in the Gold Coast city of Queensland. The investment for the first phase will be around RMB 2 billion.
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