Search results for “financing”
Priceline posts $20.7 billion gross travel bookings in Q1 2017
05/10/2017|7:44:38 AM|
Priceline Group reported gross travel bookings growth of 24% in the first quarter of 2017. Gross profit grew 16% to USD 2.3 billion and net income rose 22% to USD 456 million.
ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017|2:15:13 PM|
In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
Sabre revenue rises 6.5% to $915 million in Q1 2017
05/02/2017|9:11:28 PM|
Sabre reiterated its full-year 2017 guidance in the first-quarter report of 2017. Revenue rose 6.5% to USD 915 million in the quarter.
Jin Jiang Hotels' net profit drops 12.4% in 2016
03/31/2017|6:45:07 PM|
Jin Jiang International Hotels Group reported sales revenue of RMB 17 billion, up by 39.5% YoY. Operating profit amounted to RMB 2.1 billion, 8.0% more than previous year.
Travelzoo's revenue drops 5% in Q1 2017
04/27/2017|12:21:42 AM|
Travelzoo reported revenue of USD 28.4 million and operating profit of USD 2.1 million in 2016. In constant currencies, revenue decreased by 5% year-over-year.
CYTS Tours’ net profit rises 63.83% in 2016
04/25/2017|1:32:41 PM|
Chinese tour operator group CYTS Tours recorded RMB 10.33 billion operating revenue in 2016, a 2.36% drop from a year before. Net profit grew 63.83% YoY to RMB 484 million in the year.
Shafalvxing closes Pre-A round financing with RMB 12 million
04/21/2016|10:20:47 AM|
Home rental app Shafalvxing announced on April 20 that it had completed its Pre-A round led by ZH Investment and investors had injected RMB 12 million into the online startup
Chauffeured war heating up as Didi set to complete another financing round
04/11/2016|4:29:02 PM|
Not long after Uber expressed confidence in turning a profit in China within two years, its arch rival Didi Chuxing is to close yet another round of funding, with UCAR-linked Alibaba among the investors
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