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Search results for “private placement”
Sequoia Capital China slashes Meituan holding amid regulatory woes
11/01/2021
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2:04:03 PM
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Investors are concerned that tightening regulations will inexorably increase the cost of employing gig workers.
Alibaba to invest $23 million in online bus ticketing platform backed by Trip.com, Meituan
09/24/2021
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1:08:07 PM
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The platform’s operating revenue rose 69% in the first half of 2021.
Latin America’s Despegar is on a buying spree despite pandemic challenges
08/24/2020
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4:28:53 PM
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Excluding these financing deals, Despegar finished the June 30 quarter with USD 228 million in cash and equivalents to get it through the coronavirus crisis.
TikTok challenges Ctrip, Meituan; Skyscanner offers free ad slots | Daily Brief
07/30/2020
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12:23:21 AM
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A study finds that China's outbound tourism will recover in 6-12 months; Japan, China agree to work toward resuming travel.
Cirque du Soleil gets $50 million in emergency funds from main shareholders
05/18/2020
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5:48:05 PM
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In late March, the Cirque du Soleil shuttered nearly all of its operations and laid off 95 per cent of its staff, which adds up to 4,679 employees around the world. All of the Cirque’s shows around the globe have been cancelled due to the COVID-19 pandemic.
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.
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.
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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