Search results for “profit”
China Lodging, IDG Capital back Chengjia’s $50 million Pre-A round
07/10/2017|6:58:58 PM|
Apartment service platform Chengjia has raised USD 50 million in its series Pre-A round funding, backed by its co-founders China Lodging Group and IDG Capital.
Priceline Group CEO: online travel in China may still witness “significant volatility”
06/19/2017|1:58:57 PM|
Priceline CEO Glenn D. Fogel believes that price is still incredibly important in China's OTA market. The key of setting up a brand in China is to understand ecosystems – Baidu, Alibaba and Tencent.
CITS wins duty-free concession at Beijing Capital Airport
07/05/2017|7:17:46 PM|
CITS subsidiary China Duty Free Group has won duty free concession at Beijing Capital Airport for the next eight years. The company is to acquire a 51% stake in Sunrise Duty Free.
JD.com ties up with China Eastern for air cargo, corporate travel
06/28/2017|10:10:53 AM|
JD.com has formed a strategic partnership with China Eastern Airlines to strengthen its logistics service and corporate procurement business, particularly JD corporate travel.
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.
eHi boosts car share service while UCAR beefs up car dealing platform as authorities give go ahead to car share concept
06/07/2017|7:36:52 PM|
eHi Car Sevices reported 33% increase in first quarter income, boosted by car rental and car services, while UCAR aims to raise $2 billion for its e platform for car dealing.
Wanda bares ambition in sports tourism after snapping up prominent marathon organizer
06/06/2017|5:51:03 PM|
Wanda has snapped up Competitor Group Holdings, Inc (CGI), best known as the organizer of Rock n Roll Marathon series, and bares its ambition in expanding into sports tourism.
Fliggy enters tailored travel field with strategy on creating travel design ecosystem
06/05/2017|7:03:15 PM|
Alibaba’s travel brand Fliggy has announced a strategy on building a travel design ecosystem and introduced five new products lines.
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