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Search results for “Mergers”
Alibaba arm to invest $38m in loss-making Chinese tour operator UTour Group
12/13/2021
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1:44:05 PM
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The deal will enable Alibaba to double its current stake in UTour to 11.06%.
Alibaba ups $38M investment in UTour; US-China travel fast-track program to start in early 2022 | Daily Brief
12/09/2021
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12:18:25 AM
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COVID-19 travel curbs are biggest challenge for British firms in China; HNA transfers airline management to strategic investor.
Merger leaves Australia with powerhouse booking platform for events
12/23/2019
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4:00:48 PM
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The combined company has over 18,000 venues on the platform,currently serving over 5,000 businesses collectively.
Road trip startup wins funding; Cruise firm wants to hold expo at sea | Weekly Review
07/31/2021
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11:34:45 PM
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Amadeus partners with Shiji in China; Hilton's China business is almost back to pre-Covid.
Shanghai airports reopen after typhoon; OTA offers trips in European campaign | Daily Brief
07/27/2021
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11:35:02 PM
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Road trip provider Utravel raises $3 million; Mergers like the Caissa+Utour’s might be rare.
HNA-invested tour operator Caissa Tosun plans to acquire Alibaba-backed rival UTour to form a $1.9 billion giant
06/16/2021
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2:20:36 PM
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Alibaba holds a 5% stake in UTour while HNA Group owns more than 21% shares of Caissa Tosun.
Eurostar, Thalys merger floated to create high-speed rail giant
09/30/2019
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5:35:52 PM
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The two services have been under pressure to reform their offerings, as low-cost players like Flixtrain enter the continental market.
Huazhu works with Porsche on luxury hotel; Trip.com to sell European train passes | Daily Brief
07/09/2021
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11:24:25 PM
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Chinese GDS giant TravelSky changes chairman; Boeing Max edges toward China return as test flights near.
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