Search results for “investments”
Does Zuji’s demise signal the ebbing of HNA’s OTA play?
11/30/2018|5:43:50 PM|
Zuji is not the first OTA acquired by HNA Group to struggle for survival, as it became apparent that HNA’s ambitious global expansion in recent years made it difficult for the group to build a viable ecosystem.
China Resources Fund makes strategic investment in Meituan-Dianping
07/20/2016|3:05:49 PM|
Chinese Internet company Meituan-Dianping said on July 18 it has raised an undisclosed amount from China Resources Group in a fresh round of funding.
Ctrip invests in boutique chain Jiuqi Inns
09/22/2016|10:11:40 AM|
Boutique inn chain Jiuqi has received a strategic investment from Ctrip. This marks the OTA giant's dipping in China’s inn brands for the first time.
BCD Travel invests in Greater China, appoints new MD
09/27/2016|9:16:55 AM|
BCD Travel has signed an agreement to take a majority ownership in its China and Hong Kong joint venture.
Wyndham Hotels & Resorts to renew its major partnership with ITB China
11/14/2018|3:39:53 PM|
Wyndham Hotels & Resorts is the official Partner Hotel of ITB China 2019 – successful participation with positive response after first partnership in 2018
MICE platform Eventown completes a new round of investment
07/05/2016|6:49:56 PM|
MICE venue search portal and online one-stop-service platform Eventown Group announced on July 1 that it has completed a third round of funding worth over RMB 100 million led by Harvest Capital and joined by its existing investors.
Major Chinese airlines report drop in profits due to currency depreciation and rising costs
10/31/2018|3:43:52 PM|
China Eastern Airlines reported a 38% drop in net profit for in the third quarter. Hainan Airlines saw a 90% year-on-year tumble in operating profit to $33.5 million.
Foreign travel brands increasingly being lured by Chinese tech landscape
09/20/2018|10:10:37 AM|
Foreign companies like Booking Holdings are not only assessing business opportunities in the digital space of strategic relevance, but they are also keen on understanding how Chinese technology ecosystems are shaping consumption patterns of global relevance.
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