Search results for “RMB”
Ctrip embarks on hotel operation, Xiaozhu gets $300 million funding, and more
10/18/2018|8:22:02 AM|
High-speed railway passenger volume increased by more than 50% year-on-year during China’s National Day holiday, Airbnb rival Xiaozhu has pocketed $300 million for beefing up security and services.
Joyu Group plans a private placement of RMB 1 billion
09/07/2016|8:36:15 PM|
Chinese OTA Lvmama’s parent company Joyu Group announced that it plans to launch a private placement of no more than RMB 1 billion.
Home-sharing platform 58fanshome snaps up $717,800 angel-round funding
11/12/2018|6:00:24 PM|
The company aims to follow up with an A-round of financing in early 2019 and take its market cap to 200 million yuan.
Ctrip unfazed by macro uncertainty, rather primed for further growth
11/12/2018|3:54:18 PM|
Asserting that Ctrip historically has outpaced China's GDP growth by a factor of four, the senior management believes the future remains bright, bolstered by robust position in the domestic market and ability to capitalize on opportunities presented by globalization.
LN Holdings to splash out RMB 3.4 billion in hotel tourism investment
08/26/2016|2:53:03 PM|
LN Holdings planned to splurge RMB 3.437 billion to acquire 90.45% shares of GuangZhiLv, 100% stake in both Garden Hotel and China Hotel.
Beijing Capital International Airport reaps RMB 905 million net profit in first half of 2016
08/26/2016|5:32:50 PM|
Beijing Capital International Airport recorded RMB 905 million net profit in the first half of 2016. Passenger throughput reached 45,596,155 person-times.
7m Chinese to peak National Day break, Meituan in-store, hotel & travel up 44.1% in revenue, and more
09/30/2018|1:16:38 PM|
Around seven million Chinese are expected to travel abroad during the Golden Week. Meituan was listed in Hong Kong and reported a 10.6% rise in in-store, hotel and travel businesses GTV and 44.1% in revenue.
Octopus receives RMB 170 million in B round backed by Tempus Global
08/25/2016|10:46:42 AM|
A Tempus Global-led group planned to inject RMB 170 million into Octopus. Tempus Global will acquire a 4.17% stake in Octopus for RMB 50 million.
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