Search results for “loss”
Ctrip-invested Tongcheng Tourism leads funding in Mehood Hotel
08/14/2018|4:16:20 PM|
Mehood expects to add 300 hotels to its inventory and launch 150 hotels by the end of this year, and increase the number of its hotels to 1,500 and open 1,000 hotels by 2022.
UCAR projects profit in 2017 after posting 7.3-billion-yuan net loss in two years
03/20/2017|10:16:11 AM|
Car-hailing firm UCAR registered operating revenue of RMB 5.85 billion in 2016, up by 235% YoY, while net loss was RMB 3.6 billion. CEO Mr. Charles Lu was optimistic that UCAR would return a profit this year.
Hotel cloud-computing firm Titan completes C round financing
06/28/2018|10:16:14 AM|
Chinese hotel cloud-computing service firm Titan received around USD 15 million in its series C round funding. The company will use the proceeds to double down on technological innovation and business expansion.
Smart suitcase developer ForwardX acquires $10 million in funding
06/01/2018|2:01:11 PM|
ForwardX has created vision-powered luggage case, OVIS, which is able to follow the owner. It can also adjust its speed, using algorithms, to keep pace with the owner.
Travelzoo's Q1 revenue rises 9% to $30.9 million
04/26/2018|10:17:56 AM|
Travelzoo announced revenue of USD 30.9 million and operating profit of USD 3.7 million in Q1 2018. "Revenue growth accelerated in all three regions, leading to much stronger earnings," said Travelzoo CEO.
OCT speculated to invest 1.176 billion yuan in Ctrip-backed Tongcheng-eLong
05/11/2018|6:13:52 PM|
An insider suspects that Wanda is selling part of its stake in Tongcheng-eLong to Overseas Chinese Town (Asia) at an overall valuation of 23 billion yuan.
ChinaTravelNews Briefing: Ctrip Car licensed to run, Meituan buys Mobike, Airbnb Plus
04/08/2018|5:49:42 PM|
Ctrip Car gets the nod to run ride-hailing business; Meituan extends its offerings to 320 million annual active users through its Mobike acquisition; and higher fuel cost is affecting the growth of airlines.
Ctrip's lodging revenue rises 30% to $1.5 billion, transport revenue climbs 38%
03/15/2018|10:24:20 AM|
Skyscanner's Q4 direct booking revenue nearly doubled year-on-year, and Trip.com achieved triple-digit growth in air ticketing volume.
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