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Search results for “Angel Investment”
Huazhu ranked 4th globally, Meituan files for IPO, and more in ChinaTravelNews Briefing
07/09/2018
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10:48:48 AM
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AccorHotels’ shareholder Huazhu surpassed IHG in market capitalization as the world’s fourth highest valued hospitality group. Tencent-invested e-commerce and travel firms Meituan and Tongcheng Elong filed for Hong Kong listings.
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018
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11:58:59 AM
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Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
Is biometric technology the future of travel?
08/03/2018
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4:59:39 PM
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Research shows that 63% of airports and 43% of airlines plan to invest in biometric ID management solutions in the next three years.
ChinaTravelNews Briefing: Booking.com unites Spring Airlines, Tencent permits travel, and more
06/17/2018
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7:48:13 PM
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China Southern pledged to facilitate cancellation and re-scheduling for its directly or indirectly sold tickets; Tencent is working with the Chinese government to create an electronic travel pass system.
Camp education firm Star Sida pockets multi million yuan in funding
07/20/2018
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5:47:39 PM
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In less than four years of operation, Star Sida has registered more than 30,000 campers and parents and expects to serve 20,000 campers in 2018 alone.
Hotel cloud-computing firm Titan completes C round financing
06/28/2018
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10:16:14 AM
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Chinese hotel cloud-computing service firm Titan received around USD 15 million in its series C round funding. The company will use the proceeds to double down on technological innovation and business expansion.
Smart hotels operator InnJoy closes a $1.5 million angel funding round
07/02/2018
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5:32:49 PM
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In 2017, InnJoy netted approximately RMB 5 million in total revenue, RMB 3 million of which was from the hotel business, and RMB 2 million from the smart home appliance business.
Yacht service operator HiTime complete multi-million funding round
06/22/2018
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11:50:46 AM
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With the current round of financing, HiTime will increase its market share in yacht operations at pristine areas in China, and aims to become China's largest yacht service provider with updated products.
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