Search results for “subsidy”
Ctrip uncontested after merging with Qunar
10/27/2015|10:01:40 AM|
As the final chapter of the bitter rivalry between Ctrip and Qunar ends, the next question to consider is: Who will be the next challenger to an all-powerful Ctrip?
Uber China to raise funding stake to US$2.5 billion in war with Didi Kuaidi
09/24/2015|10:49:24 AM|
Uber is seeking to raise its funding up to US$2.5 billion for its China operations. The funding scale is twice as much the total capital it has raised in China so far.
Smart itinerary planner Mioji set to publicize product with latest financing
09/16/2015|10:59:04 PM|
Smart travel itinerary planner Mioji Travel had completed its B Round Financing raising US$20 million from lead investor BAI, and other investors including Morningside Venture Capital and DCM.
China Eastern’s LCC ambition takes off on a strong note
08/26/2015|8:42:11 AM|
China Eastern Airlines has set up new subsidiaries in order to ensure its LCC venture, China United Airlines, takes off on a strong foundation.
Power hungry Chinese car-hire apps turn a blind eye to driver scams
07/09/2015|10:08:44 AM|
As more drivers join a car hire platform, the platform will slowly gain leverage to shut down accounts of scamming drivers, thus reducing scamming.
CAR Inc claims it will lead the chauffeur service segment within 6 months
04/01/2015|3:45:19 PM|
CEO Zhengyao Lu said: “We will invest at least RMB2.5 billion to attract new customers at the beginning and we have unlimited cash reserves to continue.”
Weekend trip platform Duzhoumo raises US$20 million
07/27/2015|2:36:17 PM|
Duzhoumo has received funding of US$20 million in the A Series financing round. The investment is led by Legend Capital and participated by Banyan Capital.
Chinese tourism expenditure enjoys double-digit growth in first half of 2015
07/13/2015|10:05:54 AM|
China’s tourism expenditure grew 14.5% to reach RMB1.65 trillion while investment grew by 28% y-o-y to a total of RMB301.8 billion in the first half of 2015.
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