Search results for “2015”
Tuniu posts $2.9 billion total travel GMV in 2016
03/01/2017|10:22:55 AM|
Tuniu reported a 66.0% rise in total travel GMV to RMB20.0 billion (USD 2.9 billion) in 2016, according to its unaudited financial results for the fourth quarter and full year of 2016.
Theme park group Fantawild posts 711 million yuan net profit in 2016
03/29/2017|11:14:30 AM|
Theme park operator Fantawild reported that operating revenue from its cultural and technological parks climbed 33.51% to RMB 1.77 billion in 2016, accounting for a dominant 91.03% share of the company’s total income in the year.
Lifestyle vacation provider Tsingpu closes A round, invests in Blossom Hill
03/21/2017|12:22:37 PM|
Lifestyle vacation provider Tsingpu Travel announced that it has raised RMB 200 million in its A-round financing and become a major stakeholder of boutique lodging brand Blossom Hill through a strategic investment.
UCAR projects profit in 2017 after posting 7.3-billion-yuan net loss in two years
03/20/2017|10:16:11 AM|
Car-hailing firm UCAR registered operating revenue of RMB 5.85 billion in 2016, up by 235% YoY, while net loss was RMB 3.6 billion. CEO Mr. Charles Lu was optimistic that UCAR would return a profit this year.
Flats brand Memor Home closes million-yuan A round backed by Poly Group
03/20/2017|10:03:52 AM|
Apartment rental brand Memor Home announced that it has raised millions of yuan in its A round funding backed by real estate conglomerate Poly Group’s investment arm.
Travelport records 6% net revenue rise in 2016
02/21/2017|9:54:08 PM|
Travelport's air revenue increased 3% to USD 1,651 million in 2016 and Beyond Air revenue rose 18% to USD 579 million, contributing 26% of Travel Commerce Platform revenue of the year.
Sabre revenue rises 13.9% YoY in 2016
02/07/2017|9:57:19 PM|
Sabre reported revenue growth of 13.9% to USD 3.373 billion in full-year 2016. Consolidated net income attributable to common stockholders totaled USD 242.6 million, down by 55.5% YoY.
Universal Studios and Legoland set to join theme park fray in China’s top cities
03/14/2017|5:07:29 PM|
Fuelled by public excitement of Shanghai Disney Resort’s opening last June, global theme park operators Universal Studios and Legoland are set to add their own theme parks in China’s top cities.
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