Search results for “stake”
ChinaTravelNews Briefing: Ctrip Car licensed to run, Meituan buys Mobike, Airbnb Plus
04/08/2018|5:49:42 PM|
Ctrip Car gets the nod to run ride-hailing business; Meituan extends its offerings to 320 million annual active users through its Mobike acquisition; and higher fuel cost is affecting the growth of airlines.
Jin Jiang confirms plan to acquire 80% stake in Vienna Hotels Group
04/28/2016|9:21:41 PM|
Major Chinese hotel operator Jin Jiang announced that it planned to buy 80% shares of Vienna Hotels Group
Alibaba completes surprising investment in UCAR with a 10% stake
03/24/2016|5:08:53 PM|
Alibaba is said to have completed its investment in B2C chauffeured service UCAR, splashing out RMB 3 billion in exchange for nearly 10% of UCAR’s shares.
ChinaTravelNews Briefing: Alibaba, Ctrip, statistics & forecasts, acquisitions & investments
02/11/2018|10:17:01 AM|
Alibaba’s Fliggy, Ctrip, Tongcheng-eLong and TravelFlan had new moves in the market, tourism statistics provided an update on China’s tourism performance, and acquisitions & investments had been made.
Ctrip- and Tencent-invested Tongcheng merges with eLong, eyeing capital market
12/29/2017|7:38:54 PM|
Tencent and Ctrip will become major shareholders of the new entity TongCheng-eLong. Ctrip co-founder James Liang will serve as co-chairman.
Ctrip makes inroads into destinations in tie-up with Big Bus Tours
01/19/2018|6:56:21 PM|
Ctrip has extended its destination services to more than 700 cities and nearly 80 countries worldwide - expect more consolidation under way.
Accor CEO: Chinese tourists look beyond APAC, changing global hospitality
12/21/2017|3:10:33 PM|
"Accor probably is making more profit as an investor in China Lodging than we could have made by remaining independent for the next 50 years", said Sebastien Bazin, Chairman and CEO of AccorHotels.
Shouqi Car Rental buys 40% stake of Reo Car Rental
02/16/2016|11:01:04 AM|
Shouqi Car Rental has acquired a 40% stake of Reo Car Rental and become the latter’s largest shareholder. The move helps further its game plan in the domestic car rental market.
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