Search results for “stake”
Joint Wisdom widens operating revenue and trims net loss
04/28/2017|12:00:01 PM|
Hotel data specialist Joint Wisdom boosted its operating revenue by 48.81% to RMB 86.72 million in 2016. Net loss attributable to its shareholders was trimmed by 1.58% at RMB 66.12 million.
Travel conglomerate OCT to divest interests in two firms for 2.3 billion yuan
04/13/2017|10:15:10 AM|
Theme park and tourism firm OCT Co. plans to divest its stakes of 100% in Taizhou OCT and 60% in OCT Vision. The two deals will be worth RMB 2.3 billion.
Tujia launches vacation exchange platform VaShare
04/18/2017|11:18:47 AM|
Tujia has rolled out innovative vacation lodging sharing platform VaShare. The platform is a joint venture of Tujia and its major stakeholder Ctrip.
Flight Centre acquires 24.1% interest in Argentina’s Bibam
04/12/2017|8:09:50 PM|
Flight Centre had acquired a 24.1% interest in Bibam to strengthen its global e-commerce presence and capabilities.
Shimao Property partners with Starwood Capital to create new hotel JV in China
03/30/2017|7:25:18 PM|
Chinese developer Shimao Property and global private investment firm Starwood Capital will establish a new hotel joint venture based in China. The venture will be owned 51% by Shimao and 49% by Starwood Capital.
Lifestyle vacation provider Tsingpu closes A round, invests in Blossom Hill
03/21/2017|12:22:37 PM|
Lifestyle vacation provider Tsingpu Travel announced that it has raised RMB 200 million in its A-round financing and become a major stakeholder of boutique lodging brand Blossom Hill through a strategic investment.
Hemei to buy 60% of travel platform Xintu for 80 million yuan
03/15/2017|11:01:51 AM|
Hemei Tourism, a subsidiary of trading and tourism company Hemei Group, plans to spend RMB 80 million to acquire a 60% stake in Shanghai Xintu, on which B2B travel platform Tripb2b will build a new platform.
Grand China Air raises its stake in Hainan Airlines to 34.85%
11/18/2015|10:31:01 PM|
Grand China Air has confirmed it signed an acquisition agreement for a 4.89% stake in Hainan Airlines held by Hainan Development Holdings.
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