Search results for “profitability”
Qunar files anti-trust report against Ctrip’s acquisition of eLong with MOC
08/10/2015|11:15:17 AM|
Qunar has accusing its arch rival Ctrip of breaching Anti-Monopoly Law and the State’s declaration threshold guidelines in its acquisition of eLong.
B2B hotel booking platform Ziztour gets A Series financing
07/07/2015|5:35:37 PM|
Hotel B2B online direct sales platform Ziztour announced it received 100 million yuan from investors led by Legend Holding in its A Series financing round.
CAR Inc leads US$250 million investment in online car marketplace Youche
07/02/2015|3:43:55 PM|
CAR Inc has invested US$125 million to acquire half of the 5 million Series A preferred shares issued by Youche. CAR Inc now has a 10% stake in Youche.
Bus ride platform DuduBus raises US$1.0 million in Pre A financing round
06/29/2015|2:59:00 PM|
Shenzhen-based online bus charter platform, DuduBus announced it received Pre A round financing of RMB12 million from Susino Umbrella and K2 Ventures.
Songcheng enters top ten global theme park groups
06/11/2015|7:15:31 AM|
Songcheng Performing Arts entered the top ten global its theme park groups, recording 14.56 million trips in 2014 an increase y-o-y of 103%.
Didi-Kuadi plans to challenge Uber on its own turf with US market entry
06/29/2015|12:45:42 PM|
Chinese Uber rival Didi-Kuaidi is now recruiting in the USA to realize its plans to set up a US research center to pave the way for its entry into the US market.
Tempus Global to raise US$257 million in private offering to boost travel ecosystem
06/04/2015|9:50:49 AM|
Tempus Global will make a private offering of up to 70 million shares to raise up to RMB1.598 billion from five specified buyers.
Non-ticket sales expected to add US$805 million revenue for China Eastern in 3 yrs
06/26/2015|5:05:19 PM|
China Eastern is using new technology to develop value-added customer service that is expected to generate non-ticket sales revenue of RMB5 billion in three years.
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