Search results for “strategic investment”
CAR Inc leads US$250 million investment in online car marketplace Youche
07/02/2015|3:43:55 PM|
CAR Inc has invested US$125 million to acquire half of the 5 million Series A preferred shares issued by Youche. CAR Inc now has a 10% stake in Youche.
Ctrip subsidiary Aiwan gets record investment from Fosun Group
03/11/2015|9:51:09 PM|
Aiwan announced it received multi-million Series A financing from Fosun Group, the largest investment ever in the fledgling theme travel market in China.
Kuoni responds to digitalisation, China a key market in new scheme of things
05/30/2015|9:18:46 PM|
As a B2B specialist, Kuoni is looking at several opportunities, including capitalizing on the capabilities of different partners in China in order to increase the visibility of its offerings.
Songcheng Performing Arts to invest in 10 projects in three years
05/21/2015|5:32:35 PM|
Songcheng Performing Arts announced it will raise one billion RMB to set up an investment fund for developing its O2O entertainment business ecosystem.
Visa and destination travel platform Baicheng raises US$32 million
07/14/2015|10:03:32 AM|
Baicheng will extend its services from visa to specialized destination travel to grow from one million users to 10 million users.
Fosun to snap up Thomas Cook’s Concept Hotels for European foothold
03/12/2015|4:46:31 PM|
Fosun plan to develop a new hotel chain brand for the Chinese market with Thomas Cook and acquire 220 Concept Hotels for 500 million euros.
Chinese visitors contribute significantly to UK tourism job creation
03/04/2015|6:00:35 PM|
Chinese visitors contribute to creating one job in Britain’s tourism industry per every 22 Chinese tourists, according to VisitBritain CEO Sally Balcombe.
China brands special part 1: Airlines - Premiumization and trust
05/26/2015|12:02:44 PM|
Part of a three-part special series, ChinaTravelNews takes a look at the Travel industry brands that made the list. Part 1 takes a look at airlines, seeing as four of China’s largest carriers have made the list.
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