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HNA-Caissa aborts Capital Airlines acquisition, turning to expand outbound services
05/10/2016|10:31:19 PM|
HNA-Caissa has decided to walk away from its bid for Capital Airlines, and instead will raise up to RMB 8 billion via private placement to expand outbound tour services
Meyouone valued above RMB 100 million after angel round
05/09/2016|9:28:00 AM|
Meyouone, an e-commerce platform that specializes in honeymoon travel, has won an angel investment of RMB 8 million from Baige Capital
Tempus Global net income grows 17.15% in 2015
05/03/2016|9:17:51 PM|
Tempus Global revealed in its annual report that the revenue of 2015 doubled to RMB 928 million and net income attributed to the listed company was RMB 146 million
HotelsNow raises multi-million yuan in another financing round
04/14/2016|9:25:59 AM|
HotelsNow announced that it had raised tens of millions of yuan in a new angel round of financing led by Beijing “Yi Yi Tian Shi”
HNA-Caissa-led consortium to acquire 43.88% of FlightManager for RMB 933 million
03/25/2016|10:16:44 PM|
A consortium led by HNA-Caissa and Caissa Sega, along with CAAC Private Equity Fund and Beijing CAAC HeYuan Investment, plans to invest RMB 933 million to acquire 43.88% shares of Shenzhen Huoli Tianhui Technology, the parent company of flight management App FlightManager.
China Hotel Alliance officially incorporated
03/22/2016|11:09:11 AM|
The newly incorporated hotel alliance plans to recruit within three years more than 50 mid-range or high-end hotel groups that have more than 1,500 hotels in the country.
Payments in China – it’s about dealing with a multitude of options
03/21/2016|11:19:47 AM|
In today’s world of instant gratification, the experience during the check-out can make or break their business. Besides, there are multiple factors that airlines, hotels, OTAs and other travel e-commerce organizations need to deal with in order to ensure a transaction goes smoothly in the multi-channel, multi-device environment.
UTour may gain 10% shares plus a board seat in Ctrip's vacation business
03/17/2016|9:33:15 AM|
UTour and Ctrip will undertake cross-shareholding of 10% stake in each other and the former might acquire a board seat in the latter's holiday unit after the UTour acquires Huayuan.
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