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Search results for “price war”
Marriott beats multiple suitors to get Starwood in for $12.2 Billion
11/17/2015
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10:03:21 AM
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At least three Chinese companies were pursuing bids for Starwood, a person with knowledge of the matter said in October.
Tencent to complete US$1 billion investment in Meituan-Dianping
11/03/2015
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10:13:42 PM
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Tencent will soon complete an investment of US$1 billion in the newly merged Meituan-Dianping. The new company’s is valued at US$20 billion.
Ctrip uncontested after merging with Qunar
10/27/2015
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10:01:40 AM
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As the final chapter of the bitter rivalry between Ctrip and Qunar ends, the next question to consider is: Who will be the next challenger to an all-powerful Ctrip?
Meituan-Dianping’s car-hailing service hits Shanghai’s streets
03/22/2018
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11:24:18 AM
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The rollout comes after months of speculation about where the company would launch the service, as well as a potential price war with car-hailing leader Didi, which recently entered the food takeout space.
State backed Chinese fund poised to enter bidding war for London City Airport
10/08/2015
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10:30:00 PM
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A secretive Chinese investment fund Gingko Tree is believed to be in talks with Australia’s Macquarie about teaming up for a bid at the East London airport.
Chinese seniors indulge Soviet-era nostalgia with Russian 'red tourism'
09/08/2015
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5:16:02 PM
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Russian Federal State Statistics Service showed a total of 204,400 Chinese citizens visited Russia in the first half of this year, up 30% y-o-y.
Power hungry Chinese car-hire apps turn a blind eye to driver scams
07/09/2015
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10:08:44 AM
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As more drivers join a car hire platform, the platform will slowly gain leverage to shut down accounts of scamming drivers, thus reducing scamming.
Ctrip would gain from a Tencent takeover of eLong
08/07/2015
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4:32:09 PM
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Ctrip ispoised to strengthen its position as China’s largest travel website as it teams up with Tencent to stave off competition, according to Morgan Stanley.
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