Search results for “Investment”
Meituan-Dianping announces 3-billion-yuan fund for consumer sector
02/22/2017|11:47:29 AM|
Meituan-Dianping kick-started an industrial fund, targeting to invest RMB 3 billion in the consumer sector. The funding sources include Meituan-Dianping, Tencent and New Hope Group.
Europe gears up to capitalize on prowess of China as a source market
02/22/2017|10:35:49 AM|
The European Union is preparing activities for the forthcoming EU-China Tourism Year. The decision to christen Europe as the first partner destination for the ITB China event is such initiative.
Jin Jiang Hotels' net profit drops 12.4% in 2016
03/31/2017|6:45:07 PM|
Jin Jiang International Hotels Group reported sales revenue of RMB 17 billion, up by 39.5% YoY. Operating profit amounted to RMB 2.1 billion, 8.0% more than previous year.
Bike-share startup ofo grabs $450 million in D round backed by DST, Didi
03/03/2017|6:25:32 PM|
Bike rental company ofo announced that it has raised USD 450 million in the recently closed series D round funding, backed by DST, Didi, CITIC and others.
Theme park group Fantawild posts 711 million yuan net profit in 2016
03/29/2017|11:14:30 AM|
Theme park operator Fantawild reported that operating revenue from its cultural and technological parks climbed 33.51% to RMB 1.77 billion in 2016, accounting for a dominant 91.03% share of the company’s total income in the year.
China’s State Council to fully support development of national tourism industry
08/12/2015|11:05:27 AM|
China’s State Council reiterated support for the tourism industry in a recently published directive.
7 pillars of Shiji’s business transformation
02/16/2017|5:14:10 PM|
Shiji envisions being a part of consumers’ lives when they “eat, sleep, shop and play”. This forms the basis of group’s latest transformation - being a platform service provider with strong data and analytical capabilities encompassing various sectors.
Baillie Gifford invests US$200 million in Ctrip equity
01/29/2015|10:40:36 AM|
Baillie Gifford recently increased its Ctrip equity by around one million shares.
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