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Search results for “private investment”
Another big deal sunk by coronavirus: Amex GBT investment deal falls through
05/11/2020
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5:18:46 PM
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Carlyle and GIC are believed to argue that coronavirus and the collapse of business travel globally have materially altered the deal’s conditions, and thereby allow them to walk away.
Expedia names new CEO, raising $3.2 billion amid COVID-19
04/23/2020
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11:03:23 PM
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Preliminary results show that room nights dropped by 12%-17% to 67-71 million in the first quarter and gross bookings were down by 38%-43% at USD 17.1-18.5 billion.
JD.com buys 7.4% stake in tourism company Caissa for $63.5 million
04/28/2020
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4:16:29 PM
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This investment also marks JD.com’s foray into the tourism industry, which is being hard hit by the COVID-19 pandemic.
Hotel guests must show test results; Brands press ahead with Asia expansions | Daily Brief
04/14/2020
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11:50:30 PM
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New York-listed Chinese hotel firm expects revenue to decline by 30%-35% in Q1; Tourist attractions are only allowed to run up to 30% of full capacity.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020
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11:02:25 PM
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An investment firm indirectly associated with Trip.com Group wants to privatize online classifieds marketplace 58.com; OYO's CEO will forego his salary for the rest of the year.
Trip.com-associated investor offers to privatize 58.com
04/03/2020
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1:31:00 PM
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Ocean Link plans to fund the transaction with equity capital and debt capital.
Fintech unicorn Airwallex snags $160M Series D funding for US, Europe expansion
04/16/2020
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3:28:10 PM
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The Series D round took the total capital raised by Airwallex to over $360 million.
Accor RevPAR falls 67.7% in China; Flights show recovery signs since March | Daily Brief
04/24/2020
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12:43:36 AM
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Some 3,770 tourist attractions in China have resumed operation and launched online booking access.
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