Search results for “strategic investment”
Meituan-Dianping acquires payment license holder QianDaiBao
09/28/2016|10:27:05 AM|
Meituan-Dianping announced that the company has acquired third-party payment company QianDaiBao.
HKCTS vows to avoid horizontal competition with CITS
10/02/2016|11:15:44 AM|
CTS Group, a new company formed of the HKCTS-CITS merger, announced in a recent commitment letter that it plans to avoid horizontal competition with its fully-own subsidiary CITS.
Capitalizing on IT and data – China Eastern streamlines the blend
05/06/2016|10:42:14 PM|
China Eastern, one of the three largest airlines in China, has laid a strong IT foundation, setting up a robust data infrastructure that is paving way for customer-centric decision-making.
China Lodging makes a compelling statement with Q1 results
05/18/2016|4:27:30 PM|
With their latest financial results, the group has asserted that their strong innovation capability drives underlying robust performance.
UTour’s outbound wholesale revenue climb 59% in first half of 2016
08/22/2016|9:56:02 AM|
UTour’s operating revenue grew 41.99% to RMB 4.453 billion in first six months. Revenue from its outbound wholesale business was RMB 3.43 billion, up by 59.03% YoY.
CYTS net income soars 92.17% in first half of 2016
08/15/2016|9:31:34 AM|
CYTS recorded a slight increase in main revenue to RMB 4.976 billion in the first half of 2016. Net income rose 92.17% YoY to RMB 318 million.
Hotel alliance joint venture opens in Hangzhou, targeting independent hotels
08/12/2016|9:58:01 AM|
Zhejiang Future Hospitality Network Technology Limited, co-founded by Alitrip, BTG Hotels and Shiji Information in late March, was inaugurated on August 10 in Hangzhou, China.
Accor explores upscale hotel market in China after FRHI acquisition
08/01/2016|9:56:17 AM|
AccorHotels has boosted its hotel portfolio in China to 195 following its acquisition of FRHI and its three upscale hotel brands, and plans to open four Sofitel hotels, four Pullman hotels, one Fairmont hotel and two Swissotels by the end of next year.
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