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Search results for “logistics”
HNA Group splashes out USD 17 billion for global acquisitions in 2015
02/29/2016
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11:25:15 PM
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Chinese aviation and shipping conglomerate HNA Group has lost the bid for London City Airport to a consortium led by Ontario Teachers' Pension Plan Board and Borealis Infrastructure. This is a snag in its streak of successful global acquisitions for the past year worth USD 17 billion.
HNA Group generates RMB 13.7 billion from New Third Board listings
02/03/2016
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11:37:59 AM
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HNA Group made it to Fortune Magazine’s Top 500 list for the first time in 2015, ranking 464th with total revenue of USD 25.6 billion in the previous year. The company announced on January 28 that its total revenue in 2015 was RMB 188.1 billion (about USD 28.59 billion) in 2015.
Alitrip set to leverage Alibaba’s prowess in the world of e-commerce
02/22/2016
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4:08:55 PM
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Be it for Alibaba’s massive traffic or data analysis expertise, Alitrip is looking beyond the model of a traditional OTA to have a bigger say in the overall consumer travel experience.
Uber China investor HNA grows with $6 billion Ingram buy
02/19/2016
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8:39:44 AM
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HNA Group last month bought a small stake in Uber China and has now followed up with a $6.1 billion takeover of California-based software company Ingram Micro Inc.
China's HNA Group to buy Ingram Micro for $6 billion
02/18/2016
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8:39:24 AM
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Chinese conglomerate HNA Group is buying electronics distributor Ingram Micro Inc for about $6 billion, the latest in a string of overseas deals by Chinese companies.
Blackstone back in travel tech with $170 million IBS Software deal
12/18/2015
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2:14:37 PM
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India-based travel tech firm IBS Software has confirmed that private equity giant Blackstone has invested $170 million for an undisclosed minority stake.
Chengdu Airport becomes China's fourth largest aviation hub
12/15/2015
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11:16:05 PM
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With passenger throughput exceeding 40 million, Chengdu Shuangliu Airport has become China's fourth busiest airport.
Uber Travel may challenge Expedia, TripCase, everyone — if it’s serious
12/31/2015
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3:25:53 PM
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Uber has been granted a patent that would provide travel booking as are provided by Expedia, Priceline etc. and It's also intent on taking share from business such as corporate travel.
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