Search results for “outbound wholesale”
Transaction platform Shoukeyi announces A round of strategic investment
08/28/2017|11:20:03 AM|
Cloud-based travel distribution platform Shoukeyi has acquired tens of millions of yuan in its A round of financing from ChunXiao Capital.
Caissa reports H1 operating revenue of RMB 3.405 billion, up 30.84%
08/25/2017|9:34:23 AM|
Caissa reported 30.84% growth in operating revenue to ¥3.405 billion while catering services revenue grew 26.19% to ¥476 million, and its tourism business revenue was ¥2.92 billion, up 31.74%.
CITS nets 20% more profit in 2016
05/05/2017|1:51:32 PM|
CITS Group posted operating revenue of RMB 22.39 billion in 2016, up by 5.16%. Net profit last year climbed 20.07%. Operating revenue grew 10.54% in the first quarter of 2017 while net profit for the period rose 5.83%.
Tour operator groups post revenue upsurge buoyed by outbound growth
04/28/2017|1:54:02 PM|
Chinese tour operator giant Utour Group recorded operating revenue of RMB 10.1 billion in 2016, up 20.71% YoY, while peer HNA-Caissa’s operating revenue of the year grew 34.48% to RMB 6.64 billion.
Outbound agency Phoenix Travel invests in Australian tour operator
04/11/2017|1:33:25 PM|
Chinese outbound travel agency Phoenix Travel announced that it has made a strategic investment in Grandcity Travel, an Australia-registered firm with local bus fleets and Chinese-speaking tour guides.
UTour drops planned 2.6-billion-yuan takeover of HuaYuan
02/06/2017|9:47:42 AM|
Outbound tour operator UTour announced on February 2 that it has decided to pull the plug on the plan of fully acquiring HuaYuan travel agency for RMB 2.6 billion, “due to policy changes.”
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.
UTour net income rises 20.73% in Q3 2016
11/02/2016|9:22:38 AM|
UTour reported RMB 3.886 billion operating revenue in the third quarter of 2016, 16.58% more than last year. Net income rose 20.73% to RMB 135 million in the quarter.
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