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Search results for “Wealthy Chinese”
China sovereign fund CIC takes a stake in Airbnb
03/12/2017
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4:10:32 PM
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China’s sovereign wealth fund CIC subscribed to roughly 10% of a USD 1 billion funding round disclosed by Airbnb in a filing with US securities regulators, reported Sky News.
Temasek invests in China’s bike-sharing startup Mobike
02/20/2017
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6:07:50 PM
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Chinese bike-sharing firm Mobike announced that it has received funding round backed by Temasek and Hillhouse Capital. The startup said that it has raised over USD 300 million so far in 2017.
Fosun spins off travel unit for IPO in 2020
12/01/2016
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9:02:17 AM
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China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
China Life invests in 2-billion-dollar Starwood hotels
10/20/2016
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10:49:53 AM
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Starwood sold a stake in about USD 2 billion of U.S. hotels to a group led by China Life Insurance.
Hurun report gives insights on preferences of China’s well-heeled travelers
06/04/2015
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7:12:44 AM
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Hurun report on luxury travel reveals that those Chinese luxury travelers who spend over RMB200,000 per capita for a total of 33 days on average in 2014.
Fosun mulls independent IPO of travel business
08/22/2016
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8:05:30 PM
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China's Fosun Group, owner of French resort operator Club Med, considers an IPO to help fund expansion in China, its second biggest market for sales.
China's young traveler emerge, demanding personalized luxury and digital innovation
06/03/2016
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10:17:50 AM
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New report from forefront of the industry says bespoke experiences, digital services key to winning the loyalty of China’s young luxury travelers.
Rich Chinese travelers still spreading their wings
04/26/2016
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7:54:36 AM
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With more and more wealthy Chinese becoming veteran travelers, standard travel products are losing out to tailored and well-planned travel packages
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