Search results for “Chinese investment”
Small-scale PMS Golden Swan gets US$1.6 million Pre-A financing
07/10/2015|10:07:18 AM|
“Our goal is to become the leader in the market of medium- and small-sized hotels in third- to sixth-tier cities within the next three years,” said CEO Lihua Xiao.
Chinese tourism expenditure enjoys double-digit growth in first half of 2015
07/13/2015|10:05:54 AM|
China’s tourism expenditure grew 14.5% to reach RMB1.65 trillion while investment grew by 28% y-o-y to a total of RMB301.8 billion in the first half of 2015.
Qunar claims to be China’s largest mobile hotel booking platform in Q2 2015
08/06/2015|11:00:44 PM|
Qunar achieved an average of more than 300,000 daily hotel room nights stayed in peak days in the week of July 27th.
Dark horse Meituan overtakes Qunar with 33 million hotel room night sales
08/06/2015|4:33:02 PM|
After leveraging massive investment to capture first place in the lifestyle service segment, Meituan is eager to take down top OTA player for hotel bookings.
Bus makers Sunlong and Golden Dragon invest in charter bus platform - Busge
07/06/2015|4:03:33 PM|
Chinese charter bus platform Busge has sealed a strategic partnership with major bus manufacturers Sunlong Bus and Golden Dragon Bus for capital and vehicles.
Tourico gears up to counter inimitable hurdles in China
07/23/2015|2:46:28 PM|
What is key to scaling up the high-volume, wholesale model in China? Tourico believes supporting hotel companies with right technology can be a major asset.
Online travel company Golden Century nets US$11.6 million from Tongda Chemical
07/15/2015|9:56:55 AM|
Golden Century will receive RMB72 million investment from Tongda Chemical which will hold a 13.04% stake in the former.
Top Chinese outdoor and sports event organizer Huway gets US$6.44 million
07/13/2015|10:05:28 AM|
Huway has received RMB40 million (approx: US$6.44 million) from Mango Haitong Creative Arts Investment Fund in its A Series financing round.
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