Search results for “New Year”
New investor of Yidao Yongche displaces LeEco as majority shareholder
06/30/2017|11:40:05 AM|
Chinese ride-hailing firm Yidao Yongche announced that it has brought in a new investor which will replace LeEco as controlling stakeholder of Yidao.
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.
Travel firms in Asia Pacific leverage data analytics to forecast demand
06/16/2017|2:03:44 PM|
Travel companies in Asia Pacific with China in particular are embedding analytics into their organizations to forecast demand and increase revenues, according to a survey by Hotelbeds.
HNA slows M&A pace after US$50b buying spree in past 2 years
06/06/2017|8:49:20 PM|
As the global market is increasingly complicated, the HNA Group will slow down in making acquisitions, having amassed overseas assets to make up 30% of its portfolio that contribute to half of the group’s revenue.
Greek resort built by Fosun is hoped to revive tourism for the island paradise
06/07/2017|7:44:43 PM|
Fosun International is joining hands with a consortium from Abu Dhabi to invest US$7.9 billion in developing a resort on a site in a southwest suburb of Athens that measures three times the size of Monaco.
Chinese tourist arrivals to Thailand drop 7.5% in first 4 months
05/24/2017|4:02:10 PM|
Mainland Chinese tourists made 7.5% fewer trips to Thailand in January to April this year. But they still ranked as the country’s largest source of overseas tourists and tourism revenue.
Mobike closes $600 million E round backed by Tencent
06/20/2017|8:35:38 AM|
Bicycle rental platform Mobike has just raised over USD 600 million in its series E round funding backed by Tencent. The company plans to enhance its globalization, the Internet of Things, and AI.
Tuniu cuts net loss to 41.7 million dollars in Q1 2017
05/26/2017|9:40:33 PM|
Tuniu trimmed its net loss to RMB 287.4 million (USD 41.7 million) in Q1 2017 from RMB 538.5 million in Q1 2016 by "improving operational efficiency and realizing economies of scale."
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