Search results for “capital injection”
eHi boosts car share service while UCAR beefs up car dealing platform as authorities give go ahead to car share concept
06/07/2017|7:36:52 PM|
eHi Car Sevices reported 33% increase in first quarter income, boosted by car rental and car services, while UCAR aims to raise $2 billion for its e platform for car dealing.
Hemei to buy 60% of travel platform Xintu for 80 million yuan
03/15/2017|11:01:51 AM|
Hemei Tourism, a subsidiary of trading and tourism company Hemei Group, plans to spend RMB 80 million to acquire a 60% stake in Shanghai Xintu, on which B2B travel platform Tripb2b will build a new platform.
Tempus Global to buy 52% holding of Jettour for RMB 52 million
01/06/2017|11:41:59 PM|
Tempus Global will acquire 52% holdings of outbound tour operator Jettour for RMB 32 million in cash and RMB 20 million in capital injection.
UCAR plans to raise RMB 10 billion for car dealing
10/19/2016|5:04:09 PM|
UCAR announced on October 17 that it plans to raise RMB 10 billion for the development of its car dealing business.
Caissa Touristic net income rises 76.79% in first half of 2016
08/17/2016|9:34:58 AM|
Caissa Touristic’s revenues from tourist services increased 52.47% YoY to RMB 2.22 billion in the first half of 2016. Net income was RMB 36.34 million, up by 76.79%.
Wukong Car Rental receives millions of yuan in series A round
06/14/2016|10:20:37 AM|
Wukong Car Rental announced that it has received millions of yuan in its A-round funding in May 2016. Bojiang Capital was lead investor and it was joined by Zhen Fund and a private investment fund of Qihoo 360’s cofounder Hongyi Zhou and his wife Huan Hu.
Mofang Apartment reportedly completes C round with USD 300 million
04/11/2016|8:29:52 AM|
Long-stay rental platform Mofang Apartment has raised USD 300 million in its series C round financing led by AVIC Trust, according to a WeChat Official Account named Fang Dong Dong on April 7
Chauffeured war heating up as Didi set to complete another financing round
04/11/2016|4:29:02 PM|
Not long after Uber expressed confidence in turning a profit in China within two years, its arch rival Didi Chuxing is to close yet another round of funding, with UCAR-linked Alibaba among the investors
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