Search results for “merger”
Tongcheng and eLong connect WeChat Wallet services following merger
01/25/2018|9:11:09 AM|
The integration of the “Rail & Flights” option and the “Hotels” option in the WeChat “Wallet” is a significant step forward for the merger in sharing resources.
Chinese bike-sharing merger HelloBike scoops $350 million
12/04/2017|4:48:44 PM|
HelloBike has completed a USD 350 million D1 round of financing, and it has led the growth in bike-sharing in second- and third- tier cities.
Booking Holdings holds 8% and Baidu holds 19% equity of Ctrip in 2018
03/18/2019|10:21:45 AM|
Total revenues grew from RMB7.8 billion in 2014 to RMB31.1 billion (US$4.5 billion) in 2018, representing a compound annual growth rate of 41.4%.
Fliggy spearheading “Global Fun” as part of Alibaba’s globalization strategy
03/06/2019|3:32:24 PM|
There is still much room for cross-brand synergy or consolidation under the umbrella of Alibaba.
Shiji Group acquires majority ownership of Hisense ICS
03/04/2019|3:24:01 PM|
Through the acquisition of Hisense ICS, Shiji will be able to provide its hotel, catering, retail, and other industry customers with hardware that is closely integrated with Shiji’s products.
Tencent/Ctrip-invested Tongcheng-eLong reaps $121 million in profit in H1 2018
11/10/2018|12:23:05 PM|
The turnover of ticketing operations and accommodation bookings were $6.79 billion and $1.54 billion, respectively.
Ctrip- and Tencent-invested Tongcheng merges with eLong, eyeing capital market
12/29/2017|7:38:54 PM|
Tencent and Ctrip will become major shareholders of the new entity TongCheng-eLong. Ctrip co-founder James Liang will serve as co-chairman.
Technology innovation empowering travel development: TravelDaily CEO Charlie Li
09/20/2018|12:13:46 PM|
TravelDaily will continue to play the role of a connecter and enabler in the process for further development of the travel industry.
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