For the nine months ended September 30, car rental revenue was RMB 2,838 million, an increase of 31% YoY. Net profit was RMB 662 million, compared with RMB 1,388 million in the same period of 2016.
Travel service platform Zoomdu has secured tens of millions of yuan in its A round of financing. The funds will mainly be used to promote its App "FindYourGuide".
Yunji robots have served 160,000 users from hundreds of institutions in 55 cities across 25 provinces, accumulating an operating distance of 28,000 kilometers by October 2017.
Online search engine Baidu leads a 700 million yuan investment in Shouqi Limousine and Chauffeur, pushing the start-up into unicorn territory.
Chinese conglomerate Dalian Wanda Group is offering to sell all five of its large-scale projects in Britain, the US and Australia to a single buyer for an estimated USD 5 billion.
Ad tech overall appears to be going through a boom-bust, gold rush cycle. Eventually, many players will filter into a few winners.
Tuniu announced its President and its CFO will resign from the company, and estimated total net revenues to be in the range of RMB 800-810 million, above previous guidance.
Accomable's know-how and expertise in serving the disable can help Airbnb build an accessible platform that faces all kinds of audiences.
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