Search results for “Big Three”
Uber pours capital into Uber China while Didi-Kuaidi and allies plot war
09/02/2015|6:01:59 PM|
Didi-Kuaidi is plotting with Tencent’s CEO “Pony” Huateng Ma and Alibaba’s chairman Jack Ma on how to take down its aggressively expanding rival- Uber.
TravelSky processes 136 million tickets in first half of 2015
09/01/2015|6:04:24 PM|
TravelSky reported y-o-y growth of 3.6% in total revenue to RMB2.63 billion in the first half of 2015. Pre-tax profits increased 7.4% y-o-y to RMB1.396 billion.
Didi-Kuadi plans to challenge Uber on its own turf with US market entry
06/29/2015|12:45:42 PM|
Chinese Uber rival Didi-Kuaidi is now recruiting in the USA to realize its plans to set up a US research center to pave the way for its entry into the US market.
Small-scale PMS Golden Swan gets US$1.6 million Pre-A financing
07/10/2015|10:07:18 AM|
“Our goal is to become the leader in the market of medium- and small-sized hotels in third- to sixth-tier cities within the next three years,” said CEO Lihua Xiao.
China’s Airbnb Xiaozhu raises US$60 million in C Series financing round
07/08/2015|6:09:19 PM|
China’s short-term rental service Xiaozhu has received US$60 million for its Series C financing round, its largest funding yet, led by Joy Capital.
B2B ticket seller Piao Guanjia raises US$4.8 million in Pre-A financing
06/23/2015|10:09:10 AM|
B2B ticket sales service Piao Guanjia announced it received RMB30 million of Pre-A round investment from three independent investors.
Didi-Kuaidi launches shuttle bus service in Beijing
07/02/2015|2:22:40 PM|
Didi-Kuaidi is spearheading smart bus operations with its direct shuttle service. It is conducting internal testing and will launch full service at teh end of the month.
Non-ticket sales expected to add US$805 million revenue for China Eastern in 3 yrs
06/26/2015|5:05:19 PM|
China Eastern is using new technology to develop value-added customer service that is expected to generate non-ticket sales revenue of RMB5 billion in three years.
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