Search results for “tourism finance”
Hemei to buy 60% of travel platform Xintu for 80 million yuan
03/15/2017|11:01:51 AM|
Hemei Tourism, a subsidiary of trading and tourism company Hemei Group, plans to spend RMB 80 million to acquire a 60% stake in Shanghai Xintu, on which B2B travel platform Tripb2b will build a new platform.
Tourism IT Fangcang raises almost US$10 million in Series A financing
05/13/2015|10:30:15 AM|
Fangcang has raised RMB60 million in a Series A financing, the third round of investment for Fangcang in two years.
Hilton to introduce new brands to China
08/02/2017|4:21:16 PM|
Hilton is planning more than 400 hotels in Asia Pacific and expects to introduce more brands into China, considered a key market in its future strategy.
Vanke acquires 36% of a giant tourism project in Yunnan
06/22/2017|11:01:31 AM|
Vanke, a developer known more for its ski resorts than tourism real estates, recently acquired a 36% stake in a large tourism development program in Yunnan.
HNA’s E-Life Financial receives RMB 1.9 billion in B+ round
12/30/2016|4:45:21 PM|
HNA subsidiary E-Life Financial raised RMB 1.9 billion in its B+ round after it closed its 4-billion-yuan B round last October. The deals boost the company‘s value to above the earlier projected RMB 8 billion.
HNA slows M&A pace after US$50b buying spree in past 2 years
06/06/2017|8:49:20 PM|
As the global market is increasingly complicated, the HNA Group will slow down in making acquisitions, having amassed overseas assets to make up 30% of its portfolio that contribute to half of the group’s revenue.
Tour operator groups post revenue upsurge buoyed by outbound growth
04/28/2017|1:54:02 PM|
Chinese tour operator giant Utour Group recorded operating revenue of RMB 10.1 billion in 2016, up 20.71% YoY, while peer HNA-Caissa’s operating revenue of the year grew 34.48% to RMB 6.64 billion.
OTA LY.com to invest US$233 million to enter the online financial sector
12/08/2015|10:01:12 PM|
Chinese OTA LY.com is entering the financial sector by launching a checking financial product, Tong Tong Bao, on December 18.
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