Search results for “Business”
Shiji acquires a majority stake in SnapShot
12/06/2016|6:53:46 PM|
With the additional investment of EUR 17.9 million, Shiji holds 69.07% of SnapShot stock equity.
Airport valet parking startup FeiBoTong closes A round
11/18/2016|10:53:23 AM|
Airport valet parking service provider FeiBoTong announced that it has received millions of yuan from series A round funding.
Amadeus' adjusted profit rises 21.3% in nine months
11/04/2016|4:23:52 PM|
Amadeus reported an adjusted profit of EUR 738.1 million in first nine months of 2016, up by 21.3% YoY.
Priceline reports 150 million room nights booked in Q3
11/07/2016|7:20:32 AM|
Priceline Group‘s third quarter gross travel bookings were USD 18.5 billion, up by 25% YoY. International operations contributed gross profit of USD 3.3 billion, up by 25%.
Views from the middle of the value chain
10/28/2016|10:21:29 PM|
TMCs and OTAs share their views on the latest trends on airline distribution, and not everyone is happy with the way things are heading.
House-sharing brand QianSu raises RMB 50 million
12/01/2016|10:52:02 PM|
Homestay startup QianSu announced that it has received RMB 50 million in its latest funding round. ChinaTravelNews learnt that the round had Qunar as one of the investors.
Fosun spins off travel unit for IPO in 2020
12/01/2016|9:02:17 AM|
China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
Ctrip funds consumer finance company ShangCheng
11/29/2016|9:32:52 AM|
Ctrip has joined a group of investors including Bank of Shanghai to set up ShangCheng Consumer Finance. The bank has finance expertise while the OTA can contribute online data.
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