Search results for “RMB”
HNA Group to merge its technology and logistics units
02/10/2017|11:22:32 AM|
HNA Group plans to merge its eco-tech and logistics businesses into a new entity.
Journey Education raises millions of yuan
02/10/2017|11:50:10 AM|
Education tour provider Journey Education has secured millions of yuan in its B round. The company is also applying for a New Third Board listing.
China Eastern widens direct sales plan to international tickets
02/09/2017|3:41:00 PM|
China Eastern Airlines extended the ban on third-party agent ticketing to its international flights on February 6. The Shanghai-based carrier has made 46.8% of the total revenue, or RMB 19.02 billion, from direct sales in the first half of 2016.
HotelGG’s subsidiary DeJa Equipment Leasing raises multi-million yuan
03/10/2017|5:08:05 PM|
Conference venue booking platform HotelGG announced its subsidiary DeJa Equipment Leasing, an event LED rental provider, has completed a financing round of tens of millions of yuan.
China Lodging Group buys Crystal Orange Hotel for $540 million
02/27/2017|9:39:22 AM|
China Lodging Group (Huazhu Hotels) announced an agreement to buy 100% stake in boutique hotel operator Crystal Orange for RMB 3.65 billion (USD 540 million).
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.
Five-star hotels have the highest occupancy rate in Q3 2016
01/10/2017|2:36:56 PM|
In Q3 of 2016, there are altogether 10,488 hotels were audited provincial tourism administrations. Five-star hotels in 16 provinces had higher average occupancy rate than the national average of 62.24%.
House rental platform Locals closes 50-million-yuan Pre-A round
02/16/2017|2:06:31 PM|
House-sharing platform Locals announced that it has raised RMB 50 million in its Pre-A round in which ZhenFund was the lead investor.
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