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Search results for “quota”
Meituan-Dianping reportedly mulls hotel unit spin-off for independent financing
08/25/2016
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10:49:10 AM
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Meituan-Dianping would have to spin off its hotel business as the company was expected to run out the 3.3 billion dollars raised in its series E round within 1.5 years.
Fosun mulls independent IPO of travel business
08/22/2016
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8:05:30 PM
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China's Fosun Group, owner of French resort operator Club Med, considers an IPO to help fund expansion in China, its second biggest market for sales.
DragonPass lands on New Third Board, eyeing high-end lounge services
08/05/2016
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12:05:11 PM
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Chinese high-end business lounge operator DragonPass anticipated that its services would have 20 million users and cover 1,000 airports around the globe in two or three years.
Wanda closes theme park for "upgrades and renovations"
08/04/2016
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4:32:28 PM
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Wanda Group closed its theme park in Wuhan for “upgrades and renovations.” The conglomerate plans to build another 14 parks across China by 2020.
Hotel room glut drives down room rate and revenue in China
08/03/2016
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10:01:40 AM
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Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
Chinese ride-sharing company UCAR gets New Third Board listing
07/15/2016
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10:34:36 AM
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Chinese ride-sharing company UCAR has been approved to list on the New Third Board, and it is worth RMB 36.9 billion after raising a total of RMB 5.809 billion in three funding rounds.
Lufthansa flies to Airbnb to fill premium economy cabin
07/27/2016
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1:39:53 PM
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Lufthansa has taken the interesting move of offering seats in its premium economy cabin on Airbnb.
Hopper eyes global air distribution, focusing on mobile channel and Millennials
07/26/2016
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7:15:38 PM
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Hopper's CEO Fred Lalonde thinks that 100% of commerce will happen on the phone and Millennials will be the biggest buyers.
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