Search results for “financial”
Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more
09/03/2018|10:51:01 AM|
Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.
Smart in-room vending operator Fun Dora lands $732,200 in angel funding
08/31/2018|3:17:42 PM|
Fun Dora combines vending machines with the O2O takeaway service, and aims to become a world-leading intelligent in-room vending operator for hotels.
Hotel data operator Htrip secures RMB 100 million in A+ round funding
11/21/2019|6:01:24 PM|
As of October 2019, Htrip has formed strategic cooperation with 34 out of the top 100 domestic hotel groups.
Booking funds Didi, Airbnb China names new president, Baidu and Alibaba vie for smart hotel
07/23/2018|1:56:10 PM|
Booking Holdings invested $500 million in China’s ride-hailing platform Didi Chuxing. Airbnb China appointed a local serial entrepreneur as its new president. WeChat Pay decided to focus on outbound Chinese tourists.
Outdoor sports platform 117 Sport closes the Pre-A round financing
09/21/2017|8:57:46 AM|
China’s outdoor sports platform 117 Sport has raised tens of millions of yuan in its Pre-A round of financing. The lead investor was Beethink.
3 payment-related trends to watch out from China
06/03/2019|5:55:08 PM|
Technologies unlocking more sales channels, AI and simpler authentication are expected to drive interesting initiatives in this arena.
NDC in China progresses slowly, limited by market constraints
10/06/2019|7:31:01 PM|
NDC technology is being developed but it will be some time before there is widespread adoption by Chinese airlines and other players.
B&B distribution service player AsapOne lands multi-million yuan in funding
08/10/2018|5:18:12 PM|
Unlike other B&B technology specialists in China, AsapOne targets homestay operation companies and individual property owners worldwide.
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