Search results for “tourism finance”
Travelzen raises record RMB 600 million in C-round funding
03/23/2016|11:08:37 AM|
Shortly after the dismantling of its VIE structure, Travelzen has received RMB 600 million in its C-round funding from a group of investors including Addor Capital, United Capital and EB Fortune.
Tuniu forays into unchartered areas in addition to its tour packages offering
03/03/2016|6:18:58 PM|
How is the current crop of online travel companies in China trying to unlock additional profitability? How can the huge volume of traffic be better monetized by OTAs? Are all transactions 100% digital?
Challenges ahead as CITS and HKCTS set to merge
11/09/2015|5:53:43 PM|
The merger of two leading Chinese tour operators, CITS and HKCTS, is greeted with cautious optimism by industry observers..
HNA Group generates RMB 13.7 billion from New Third Board listings
02/03/2016|11:37:59 AM|
HNA Group made it to Fortune Magazine’s Top 500 list for the first time in 2015, ranking 464th with total revenue of USD 25.6 billion in the previous year. The company announced on January 28 that its total revenue in 2015 was RMB 188.1 billion (about USD 28.59 billion) in 2015.
Zhubaijai gets US$78 million strategic investment from HNA Group
09/24/2015|10:49:08 AM|
HNA Group is making a strategic investment in the Series C financing round of Chinese overseas rental platform Zhubaijia.
Travel O2O ecommerce platform Ilvyou raises US$8.6 million in A Series financing
10/21/2015|4:41:53 PM|
Travel wholesale ecommerce and O2O platform Ilvyou announced it received RMB55 million in its A Series financing round, from lead investor CHC Capital.
Tuniu sets up commercial factoring firms to boost capital support for industry
09/17/2015|3:32:14 PM|
Tuniu became the first OTA stepping into the tourism factoring field as it announced on September 16 that it has been approved to establish two commercial factoring companies with an investment of RMB1.3 billion.
Tripeasy raises US$4.7 million to complete service chain in Palau
11/09/2015|6:17:22 PM|
Guangzhou-based Tripeasy has received an A Series financing worth RMB30 million from Guangdong Culture Industry Investment and Tempus Global.
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