Search results for “investment and technology”
Expedia reports Q4 and FY2015 results
02/11/2016|5:57:39 PM|
On February 10 Expedia announced financial results for the fourth quarter and full year 2015 with its gross bookings increased 40% and revenue increased 29% year-over-year in the fourth quarter of 2015.
Sabre reports fourth quarter and full year 2015 results
02/09/2016|11:23:46 AM|
Sabre's Q4 2015 Travel Network revenue increased 22.3% to $531.2 million and its Adjusted EBITDA increased 20.9% to $208.0 million. Total bookings increased 33.0% driven by the acquisition of Abacus and continued strong growth in North America and EMEA.
Ctrip eyes new milestones: 1 trillion RMB in GMV by 2020
01/18/2016|4:28:16 PM|
After signing a spate of deals in 2015, Ctrip is eyeing a better grip of the Chinese travel e-commerce business, a complex, fragmented marketplace.
HNA eKing Technology acquires big data tech firm High Jet
12/30/2015|11:31:23 AM|
HNA eKing Technology has invested RMB38 million to acquire Guangzhou- based business intelligence service High Jet.
eLong reports 94% growth in domestic hotel network in Q3 2015
11/19/2015|2:08:43 PM|
Net revenues for the third quarter increased 2% to RMB307.2 million (US$48.3 million), compared to RMB301.5 million in the third quarter of 2014.
UCAR on track to list in China within a year
12/22/2015|9:37:22 PM|
UCAR has not officially released an IPO timetable yet but it could find a shortcut to either through a shell company or the New Third Board to make a A share listing.
Car tourism app Wandehai gets Pre-A financing round
01/04/2016|2:45:51 PM|
Drive and travel app Wandehai recently completed a Pre-A financing round led by Jin Huifeng Investment.
Panoramic photography startup WeiPano Beta gets US$7.8 million investment
12/07/2015|5:58:17 PM|
Weijing Tianxia, a developer of 360-degree panoramic photography technology, has raised RMB50 million in funding to further develop its niche in the tourism industry.
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GBTA launches global equity program to support business travel professionals in emerging markets through sponsored memberships

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Lufthansa plans to suspend Beijing flights as German investments in China reach record high

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Trip.com Group reports 70% rise in Q1 international OTA platform revenue

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China, Japan and South Korea target 40 million tourist exchanges by 2030

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