Search results for “strategic investment”
Outbound agency Phoenix Travel invests in Australian tour operator
04/11/2017|1:33:25 PM|
Chinese outbound travel agency Phoenix Travel announced that it has made a strategic investment in Grandcity Travel, an Australia-registered firm with local bus fleets and Chinese-speaking tour guides.
Lifestyle vacation provider Tsingpu closes A round, invests in Blossom Hill
03/21/2017|12:22:37 PM|
Lifestyle vacation provider Tsingpu Travel announced that it has raised RMB 200 million in its A-round financing and become a major stakeholder of boutique lodging brand Blossom Hill through a strategic investment.
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.
Ctrip invests in boutique hotel operator Lagom
03/07/2017|3:05:30 PM|
Ctrip has made a strategic investment in boutique hotel and alternative accommodation brand Lagom, according to Lagom’s announcement. The online travel giant also invested in boutique chain Jiuqi last September.
Baidu Capital appoints Ctrip's former CSO Jenny Wu as first Managing Partner
11/23/2016|5:34:51 PM|
Baidu Capital appointed Ctrip's former CSO Jenny Wu as its first managing partner. The company will form a dedicated travel industry fund with Ctrip.
Meituan-Dianping announces 3-billion-yuan fund for consumer sector
02/22/2017|11:47:29 AM|
Meituan-Dianping kick-started an industrial fund, targeting to invest RMB 3 billion in the consumer sector. The funding sources include Meituan-Dianping, Tencent and New Hope Group.
Europe gears up to capitalize on prowess of China as a source market
02/22/2017|10:35:49 AM|
The European Union is preparing activities for the forthcoming EU-China Tourism Year. The decision to christen Europe as the first partner destination for the ITB China event is such initiative.
HotelGG’s subsidiary DeJa Equipment Leasing raises multi-million yuan
03/10/2017|5:08:05 PM|
Conference venue booking platform HotelGG announced its subsidiary DeJa Equipment Leasing, an event LED rental provider, has completed a financing round of tens of millions of yuan.
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