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Search results for “Angel Investment”
Tongcheng-backed startup Zhenlv Technology raises multimillion yuan
05/04/2018
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10:12:35 AM
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Zhenlv is a travel SaaS cloud service provider and is said to be valued at nearly RMB 100 million ($15.75 million).
B2B hotel platform Mogu Trip fully acquired by travel service provider Yundijie
04/29/2018
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9:06:01 PM
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The acquisition of Mogu Trip will help Yundijie branch out into the international hotel distribution business and further enhance its product supplies to increase competitiveness.
Shared lodging brand Islands secures tens of millions of yuan in financing
04/17/2018
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8:51:26 AM
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Islands pools together existing room inventories in centrally located neighborhoods and lease them at 80% of the operating cost, to help generate returns on otherwise unused room stocks.
Travel firm PKFARE acquires tens of millions of yuan, backed by Caissa Tourism
04/18/2018
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8:46:17 AM
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Having won financing from Civil Aviation Investment Fund, Caissa Tourism and CKGSB Chuang Fund, PKFARE will continue to exploit the supply chain and product inventories.
Travel marketplace TravelTriangle raises $12 million
04/11/2018
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6:11:05 PM
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TravelTriangle currently gets a monthly traffic of 2.5 million and has close to 700 active travel agents. It says there are travel agents who get close to 90% of their revenue through its platform.
Venture capital investments in travel tech could hit record highs in 2018
03/29/2018
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12:52:49 PM
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In 2017, 70% of global venture capital funding went to companies based in China and India, while just 23% went to companies based in the United States and 3% to Europe.
Wyndham nears deal to sell European vacation rentals business to Platinum
02/09/2018
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2:48:03 PM
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The move is meant to allow the separate units to better focus on their specific segments of the lodging sector to generate growth through acquisitions and other strategies.
Holiday rental provider Snaptrip raises £2.1m and acquires Last Minute Cottages
01/11/2018
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3:43:13 PM
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This will be Snaptrip’s first time working with individual homeowners.
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