Search results for “domestic demand”
Spring Airlines revenue jumps 10.45% YoY in 2015
05/28/2016|10:25:04 AM|
Spring Airlines’ 2015 revenue grew 10.45% YoY to RMB 8.094 billion, of which passenger service revenue grew 9.1% to RMB 7.576 billion, accounting for 98.78% of the total revenue
Outdoor product brand Toread raises RMB 1,270 million
06/03/2016|4:54:53 PM|
Outdoor product brand Toread has completed its private placement to raise RMB 1,270 million to fund the development of its cloud-based programs, outdoor exercise O2O platforms, outdoor product e-commerce programs and outdoor safety service platforms.
Triploc raises RMB 27 million in Pre-A round
06/01/2016|3:42:20 PM|
Outbound tour service social platform Triploc has completed its Pre-A round funding with RMB 27 million from Spring Airlines, Feima Fund and Qingcong Capital. The funds will be invested in beefing up its senior management and expanding its business ecosystem.
China’s carriers report buoyant Q1 results
05/04/2016|9:17:21 PM|
Major Chinese carriers posted decent gains in first quarter of the year due to ongoing low crude prices and increasing domestic demand
HNA-Caissa aborts Capital Airlines acquisition, turning to expand outbound services
05/10/2016|10:31:19 PM|
HNA-Caissa has decided to walk away from its bid for Capital Airlines, and instead will raise up to RMB 8 billion via private placement to expand outbound tour services
Meyouone valued above RMB 100 million after angel round
05/09/2016|9:28:00 AM|
Meyouone, an e-commerce platform that specializes in honeymoon travel, has won an angel investment of RMB 8 million from Baige Capital
Bullish outlooks for Chinese airlines as they emerge from exchange rate hits
04/24/2016|7:57:59 AM|
China’s carriers are enjoying more favorable outlooks than their overseas counterparts, thanks to cheap oil price, great domestic demand and supportive regulatory policies, but it remains to be seen if the advantage can be sustained
Short-haul travel specialist Yaochufa claims RMB 550 million raised in D round
04/19/2016|9:09:07 AM|
Chinese local tour service provider Yaochufa announced it has raised RMB 550 million in its D round funding; the company offers tour packages covering accommodation, attraction admission and local food
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