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Search results for “2013”
OYO flexes muscles with $250 million raise, looks beyond India
09/08/2017
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1:28:06 PM
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OYO's CEO Agarwal claims that 95% of its inventory is sold direct and the company is looking to develop capabilities to add 10,000 rooms a month to its platform.
Tourism imbalance is vexing problem in U.S.-China travel
09/05/2017
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10:58:46 AM
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The United States is taking in way more tourists from China than it’s sending. Pollution and bureaucracy are among the major factors.
Expedia leads $26 million Alice investment in hotel tech push
08/31/2017
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5:23:46 PM
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Hotel concierge messaging app Alice's system let guests, front-of-house workers, and back-of-house staff communicate and track requests. It now processes more than 50,000 requests a week.
Budget hotel platform OYO launches asset management to trim losses
08/29/2017
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10:06:14 AM
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With losses of over USD 50.6 million in FY17, OYO launched asset management service to bring losses under control and enhance business growth.
Transaction platform Shoukeyi announces A round of strategic investment
08/28/2017
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11:20:03 AM
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Cloud-based travel distribution platform Shoukeyi has acquired tens of millions of yuan in its A round of financing from ChunXiao Capital.
QR airline codes make it easier to check in
08/17/2017
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10:21:46 AM
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Domestic flight passengers in Shanghai who only have carry-on luggage can now check in with a QR code on their mobile phones.
MICE platform Eventown closes B round financing
08/09/2017
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11:18:57 PM
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Eventown aims to be a Ctrip for the B2B corporate travel sector.
Indian OYO cuts losses and spend, transforms business model
08/01/2017
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5:28:23 PM
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Though OYO Rooms' losses in the year to end-Dec16 were down on $50 million in 2016 compared with $77 million, it still remains in the red. Does it have what it takes to succeed for its transformation?
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