Search results for “transactions”
New investor of Yidao Yongche displaces LeEco as majority shareholder
06/30/2017|11:40:05 AM|
Chinese ride-hailing firm Yidao Yongche announced that it has brought in a new investor which will replace LeEco as controlling stakeholder of Yidao.
Ctrip projects 20 billion yuan in group tour revenue this year
06/30/2017|10:51:10 AM|
Ctrip projected that its group tour business will gross RMB 20 billion this year. Its chairman James Liang said that the company’s sales income from hotels, air tickets, and travel groups will quickly become the highest in the world.
China Lodging completes acquisition of Crystal Orange Hotel
05/31/2017|11:12:22 AM|
China Lodging Group (Huazhu Hotels) announced that it has closed the acquisition of Crystal Orange Hotels for RMB 3.65 billion (USD 540 million).
Meituan Travel introduces group tour service
06/23/2017|11:57:26 AM|
Meituan Travel launched a domestic group tour service and will first introduce 200 tour routes this year in 50 cities that have delivered the most travel bookings on the platform.
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.
Priceline Group CEO: online travel in China may still witness “significant volatility”
06/19/2017|1:58:57 PM|
Priceline CEO Glenn D. Fogel believes that price is still incredibly important in China's OTA market. The key of setting up a brand in China is to understand ecosystems – Baidu, Alibaba and Tencent.
What has Ctrip acquired in three years?
04/15/2017|5:03:54 PM|
Ctrip said that it may continue to acquire complementary businesses and assets in the future if presented with appropriate opportunities. It has just revealed details about its acquisitions in recent years.
Lawsuit files against Priceline Group over Momondo deal
06/02/2017|6:40:09 PM|
Priceline has been accused of “fraud in its absolute purest form” relating to its acquisition of Momondo.
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