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Search results for “IDG Capital”
Ebix offers to acquire Yatra for $336 mn to boost travel portfolio
03/12/2019
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5:01:24 PM
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Ebix said it might reduce its offer if it does not receive a positive response from Yatra 's board.
CYTS, Jiaweishijie join hands to take 10% stake in Gubei Water Town Tours
03/01/2019
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9:16:11 AM
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CYTS Tours will pay RMB 438.7 million for a 5.1% stake through the deal, the Beijing-based tour operator said. Zhuhai-based Jiaweishijie will take a 4.8% share for RMB 411.3 million.
Home rental startup ZoloStays raises $30 million led by Nexus Venture Partners
01/08/2019
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2:15:51 PM
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ZoloStays’ revenue from operations stood at $3.88 million for FY18 while it incurred a loss of $576.24K. The startup plans to clock $14.4 million in revenue in the next financial year.
ChinaTravelNews Briefing: Tencent vies for railway WiFi service, Meituan denies funding and more
04/20/2018
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2:48:41 PM
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Both Tencent and Alibaba are eyeing a stake in Bullet Train Networks, Ctrip joins a consortium in a bid for car rental firm eHi’s privatization, and more in this week’s Briefing.
Film Hotel raises $16 million in funding to speed up budget hotel makeover
04/11/2018
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5:01:02 PM
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By integrating “films” and “hotels”, Film Hotel will create a new differentiated mid-scale hotel brand.
Tour operator Xband secures 63.5 million yuan, backed by CYTS fund group
04/03/2018
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8:44:56 AM
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After the latest capital injection, Xband Club plans to expand its homestay business to build an inventory of 10,000 guest rooms in five years.
Bike-sharing firm Ofo raises $700 million in E round, backed by Alibaba
07/06/2017
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6:11:42 PM
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China's bike-sharing platform Ofo announced that it has received more than USD 700 million in its series E round funding. The round had Alibaba, Hony Capital and CITIC as the lead investors and also involved Didi Chuxing and DST.
Cisco acquires conversational AI startup MindMeld for $125 million
05/12/2017
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2:05:22 PM
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Cisco announced that it is buying MindMeld for USD 125 million. Founded in 2011, MindMeld helps businesses to build conversational interfaces with cloud-based services.
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