Search results for “transactions”
eLong sets up special committee to evaluate Tencent’s privatization offer
08/14/2015|3:12:11 PM|
eLong has formed a special committee of three independent directors – May Wu, Shengli Wang and Adam J. Zhao – to evaluate the privatization from Tencent.
TravelSky processes 136 million tickets in first half of 2015
09/01/2015|6:04:24 PM|
TravelSky reported y-o-y growth of 3.6% in total revenue to RMB2.63 billion in the first half of 2015. Pre-tax profits increased 7.4% y-o-y to RMB1.396 billion.
WeChat for room bookings isn’t just about revenue, experience counts too
08/05/2015|10:57:01 PM|
Rather than focusing on too many sales promotion messages on WeChat, hotel companies need to find ways to augment their customer experience program goals.
Uber gets 1 billion dollar investment from Baidu and other investors
08/28/2015|6:06:57 PM|
Uber China has recently received a venture capital of one billion US dollars from investors, among them China’s largest search engine Baidu and China CITIC Bank.
Uber launches UberPool carpool service in China as “Peoples’ Uber +”
08/27/2015|6:09:20 PM|
Uber has begun a trial run of new carpooling function “Peoples’ Uber +”, in the Shanghai. The function is said to able to help users save up to 30% on fares.
Chinese outbound travel – OTAs figure prominently in hotel distribution mix
08/27/2015|6:07:31 PM|
For hotel companies targeting Chinese outbound travel segment, the reliance on OTAs is important at this juncture.
Jin Jiang Hotels in major asset restructuring and joint investment with Plateno Group
08/27/2015|6:07:23 PM|
Shanghai-based Jin Jiang Hotels Group has announced it is making cash-based acquisitions of compatible hotel assets from third parties in a major restructuring.
Tuniu strengthens its trump card, unfazed by current levels of gross margin
08/25/2015|8:43:24 AM|
Tuniu has been investing aggressively post its IPO last year. One area that has stood out is the blend of sturdy product procurement and regional expansion
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