Search results for “investments”
SEC report: HNA Group owns 26.5% stake in Tuniu
04/18/2017|6:39:51 PM|
A recent SEC filing shows that HNA holds a 26.5% stake in Tuniu and JD.com controls a 20.6% stake in the company, as of March 31, 2017.
Lawsuit files against Priceline Group over Momondo deal
06/02/2017|6:40:09 PM|
Priceline has been accused of “fraud in its absolute purest form” relating to its acquisition of Momondo.
Investment in China’s luxury hotels set to slowdown
01/29/2015|10:41:26 AM|
China's star-rated hotels have resorted to voluntarily lowering their star ranking and selling off assets t survive.
China’s tourism industry receives US$3.1 billion investments in 2014
01/26/2015|3:19:16 PM|
Online travel and outbound tourism were the favorite areas for acquisitions in China’s tourism industry in 2014.
Tuniu cuts net loss to 41.7 million dollars in Q1 2017
05/26/2017|9:40:33 PM|
Tuniu trimmed its net loss to RMB 287.4 million (USD 41.7 million) in Q1 2017 from RMB 538.5 million in Q1 2016 by "improving operational efficiency and realizing economies of scale."
China expects significant investment in tourism industry
01/16/2015|9:34:12 AM|
China’s tourism authorities anticipate significant investments in the tourism industry and new jobs for 1.8 million people from 2015 to 2017.
Softbank leads significant investment in Kuaididache
01/15/2015|10:29:59 AM|
Kuaididache announced it raised significant amount in its latest financing round from Softbank Group, Alibaba Group and Tiger Fund.
Chinese real estate firm acquires 90.5% stake in luxury travel firm A&K
05/09/2017|10:47:03 AM|
Chinese real estate and investment company Zhonghong Group announced on May 8 that it plans to acquire a 90.5% stake in luxury travel company Abercrombie & Kent (A&K) for USD 412.49 million.
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