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Search results for “financial review”
Top Chinese hotel IT operator AMTT raises US$32 million
04/16/2015
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3:19:41 PM
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This financing round will bring high growth for AMTT, its products and service applications are used in a million hotel rooms in China.
Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015
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9:24:28 AM
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Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
China’s Yelp- Dianping valued at $4 billion after $850 million invesment
04/03/2015
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9:47:19 AM
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Investors in its latest financing round included Xiaomi, Tencent,Temasek, FountainVest Partners, Wanda Group and Fosun Group.
Embracing the digital transformation in China’s travel market
03/25/2015
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10:19:49 AM
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To gain a better position in this eco-system, airlines have to embracing the digital transformation to refine their business model as well as the way they deal with customers and partners.
Priceline might be planning a big acquisition, possibly Yelp!
03/13/2015
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11:28:40 AM
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PCLN might be planning a strategic acquisition to grow its business.While there are many possibilities, YELP is an intriguing one.
China Southern’s 2014 annual revenue up 10.38% while profits continue slide
04/01/2015
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12:08:02 PM
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China Southern is the only one one of the five major listed Chinese carriers with decreasing profitability. Its decline has lasted for two years.
Ctrip to reach $112 billion TTV target early
03/23/2015
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9:39:46 AM
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Ctrip’s 2014 earning call reveals a business which is growing not only its revenues but also the number of travel verticals and which aims for a 30% share by 2020.
Qunar’s customer poaching riddled with “phantom sales”
12/31/2014
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2:57:31 PM
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Qunar staff tasked to “poach” hotel customers are airing their frustrations about unscrupulous tactics of the company.
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