Search results for “Business”
Leo Group invests RMB 27m in ground solution provider Yuetu
11/10/2016|5:57:13 PM|
Zhejiang-based Leo Group made an investment of RMB 27 million in Yuetu for 9% holding. As a transportation solution provider, Yuetu offers basic information and guidance about train services to individual customers.
Sinbad Travel receives millions of yuan in A+ round
11/09/2016|10:25:13 AM|
Sinbad Travel has secured millions of yuan in A+ round and plans to use the funds to upgrade its itinerary customization system and consolidate overseas resources.
Beijing eases restrictions on foreign tourism industry investment
06/11/2015|7:15:46 AM|
Foreign businesses will be able to participate in commercial tourism development projects and invest in tourism products and facilities in Beijing.
CYTS revenue drops 1.65% in first three quarters
11/04/2016|2:06:30 PM|
State-owned travel agency CYTS recorded operating revenue of RMB 7.735 billion in first three quarters of 2016, down by 1.65% YoY. Net income was up by 53.15% YoY.
Xiaozhu raises USD 65 million in C+ and D rounds
11/03/2016|9:38:14 AM|
Homestay startup Xiaozhu received USD 65 million in C+ and D rounds. The C+ round was backed by Capital Today and the D round had JOY Capital and BAI as lead investors.
UTour net income rises 20.73% in Q3 2016
11/02/2016|9:22:38 AM|
UTour reported RMB 3.886 billion operating revenue in the third quarter of 2016, 16.58% more than last year. Net income rose 20.73% to RMB 135 million in the quarter.
Muji to launch its first hotel in Beijing
11/01/2016|9:04:10 AM|
Japan's household and consumer product brand Muji plans to open its first hotel in Beijing by the second half of 2017.
NITA makes RMB 843 million revenue in the H1 2016
10/13/2016|3:23:15 PM|
Guangdong-based Nanhu International Travel Agency (NITA) registered 580.14% YoY growth of revenue to RMB 843 million, according to the agency’s half-year financial results published on Oct. 11.
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