Search results for “business expansion”
CAR Inc. reports slight increase in three-quarter net profit
11/17/2016|6:56:39 PM|
CAR Inc. posted net profit of RMB 1,388 million in first three quarters and the company's chairman believes the new car-hailing rules are good for subsidiary UCAR.
Xiaozhu raises USD 65 million in C+ and D rounds
11/03/2016|9:38:14 AM|
Homestay startup Xiaozhu received USD 65 million in C+ and D rounds. The C+ round was backed by Capital Today and the D round had JOY Capital and BAI as lead investors.
Amadeus gears up for a bigger chunk of China’s travel pie
06/07/2016|10:13:58 AM|
Amadeus has made significant headway in China, both with its distribution and IT solutions. The group has diligently aligned itself to experience the benefits of further deregulation steps.
Tujia to acquire homestay business of Ctrip and Qunar
10/24/2016|7:31:12 PM|
Vacation rental platform Tujia announced on October 20 a strategic agreement to acquire the apartment and house rental operation of China’s OTAs Ctrip and Qunar.
Travel industry posts huge gains in top 100 Chinese brands valuation
09/18/2016|10:36:12 AM|
Study shows Air China ranks 19 in brand value, a YoY increase of 26%; Home Inn 74,a YoY increase of 3% and Ctrip 44, a YoY increase of 40%.
Alitrip launches VR view for mid- and up-scale hotels
09/30/2016|2:04:15 PM|
Alitrip launched 360-degree panoramic VR viewing of hotels listed on its platform. This is expected to help mid to upper range hotels increase booking conversion.
XiaoMing Bike secures a millions-of-yuan angel round
09/29/2016|3:48:40 PM|
Following bike rental ofo’s millions-of-dollar round backed by Didi Chuxing and recent financing of Mobike and YouBai, peer XiaoMing Bike also raised millions of yuan in an angel round.
Online apartment service provider mamahome completes A-round funding
09/14/2016|9:26:39 AM|
Shanghai-based online apartment service provider mamahome announced on September 6 it has completed its A-round funding, with City Developments Limited making a strategic investment in the company.
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