Search results for “Fosun”
Business travel SaaS platform Cloud Helios wins 50 million yuan in funding
03/09/2018|11:37:58 AM|
It has handled a total of 300,000 reimbursement documents for more than 120 companies including Didi and Fosun, and air tickets reimbursements handled by the company exceeded 200 million yuan.
Club Med accelerates growth in China aided by Fosun
02/22/2016|8:37:03 AM|
Having launched two resorts in China in 2015, Club Med is picking up development speed and plans to open 15 more in the next five years and will have a total of 20 resorts in China by then.
China investors splashed $9.25b on buying overseas hotels
11/15/2016|1:04:27 PM|
China’s investors have splashed USD 9.25 billion snapping up hotels and accommodation worldwide in 17 deals so far this year.
ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017|2:15:13 PM|
In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
HNA slows M&A pace after US$50b buying spree in past 2 years
06/06/2017|8:49:20 PM|
As the global market is increasingly complicated, the HNA Group will slow down in making acquisitions, having amassed overseas assets to make up 30% of its portfolio that contribute to half of the group’s revenue.
Fosun to snap up Thomas Cook’s Concept Hotels for European foothold
03/12/2015|4:46:31 PM|
Fosun plan to develop a new hotel chain brand for the Chinese market with Thomas Cook and acquire 220 Concept Hotels for 500 million euros.
HNA raises RMB 12.5 billion on New Third Board in 2016
12/26/2016|9:37:37 AM|
HNA’s Capital Helicopter announced that it has raised RMB 3.2 billion in a private placement, said to be the largest sum raised on the New Third Board so far this year. It has boosted the total sum raised by HNA on the board in 2016 to more than RMB 12.5 billion.
Ctrip subsidiary Aiwan gets record investment from Fosun Group
03/11/2015|9:51:09 PM|
Aiwan announced it received multi-million Series A financing from Fosun Group, the largest investment ever in the fledgling theme travel market in China.
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