Search results for “Investment”
Airbnb pushes forward localization in China with a Chinese team
09/08/2017|1:07:58 PM|
Airbnb in China has made its domestic business as important as its outbound business, and it has amassed 120,000 active property listings and drawn up to 2.5 million guests to those properties so far.
Ctrip’s partner UTour plans full acquisition of HuaYuan
03/03/2016|6:18:43 PM|
Ctrip’s partner Beijing Utour International Travel Service Co Ltd (UTour) plans to buy out Huayuan International Travel (HuaYuan) for RMB 2.6 billion. The funds for the purchase will be raised by issuing 65.61 million shares at RMB 35.82 per share plus RMB 250 million in cash.
Convention Wi-Fi solutions KKH plans A Series financing after Angel investment
08/11/2015|6:23:55 PM|
Kaikaihuai (KKH),Wi-Fi solutions provider for conventions, is planning to launch an A Series financing round, having received a multi-million RMB angel investment.
OneHome completes Pre-A round funding with tens of millions
03/01/2016|10:55:02 AM|
Chinese homestay startup OneHome has just completed a Pre-A round funding and raised several million RMB from Alibaba’s Riverhill Fund, Morningside Ventures and an unnamed web celebrity.
China Lodging expects 23%-26% revenue growth with Crystal Orange acquisition
08/17/2017|8:00:45 PM|
China Lodging Group (Huazhu) raises net revenues growth range to 23%-26% given the consolidation of its Crystal Orange Hotel acquisition and better-than-expected performance in 2017.
How will OTAs cash in on the search windfall of WeChat?
09/30/2017|10:10:37 AM|
WeChat has replicated Baidu’s formula in creating the volume of flow with its searching function, but its advertising model on Tongcheng, eLong and other advertisers remains to be seen.
Outward bound and travel platform Hiyo completes a ¥14 million angel round
09/29/2017|1:43:13 PM|
Targeting young travelers, Hiyo develops its products around the concept of “minimal transportation, short distance”, and plans its content around socializing, relaxation and entertainment.
Overseas car rental platform Huizhuche gets US$10 million investment
08/07/2015|4:31:35 PM|
Huizhuche, an online car rental platform for Chinese travelers abroad, just received almost US$10 million from Northern Light Venture Capital.
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