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Search results for “2015”
RedDoorz: The unlikely David to OYO’s Goliath in Southeast Asia
10/29/2019
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6:21:44 PM
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By the end of 2020, RedDoorz is looking to triple its inventory—from the present 1,500 properties to 4,500.
Sabre’s $110 million deal for Radixx gives it new upside in passenger services tech
10/17/2019
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11:39:27 AM
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Sabre expects Radixx will generate about $20 million of revenue in 2019.
Hoist Group acquires HotelEngine
10/15/2019
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4:30:48 PM
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Hoist Group has acquired HotelEngine, a Finland-based online booking tech specialist.
Global WiFi services provider Skyroam raises $20 million
10/09/2019
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2:59:30 PM
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The company has had about 15 million users, mostly aged between 25-35.
Baidu to sell $1 billion Ctrip stake to counter market competition
09/26/2019
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4:00:55 PM
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Baidu will remain Ctrip’s largest shareholder. It owned a 19% stake in the company after exchanging its shares in Ctrip rival Qunar in 2015.
American Airlines writes down a quarter of its investment in China Southern
09/16/2019
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11:56:42 AM
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The $52 million of mark-to-market net unrealized losses would equate to 26% of American Airlines' original $200 million investment in China Southern made two years ago.
Customized travel booking platform T-Bird acquires Haiyou
09/12/2019
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5:37:56 PM
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T-Bird acquired Shanghai Haiyou to integrate resources and make the pie of customized travel bigger. More potential acquisitions are said to be in the pipeline.
Huazhu-backed apartment service provider Chengjia raises nearly USD 300 million
09/10/2019
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3:55:01 PM
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The proceeds will be used for expanding its property portfolio in core cities, brand building and developing its technology platform.
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