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Wanda Tourism sees excellent growth in subsidiaries
12/17/2014|10:24:28 AM|
Wanda Group’s tourism subsidiaries reported RMB1.71 billion revenues, equivalent to 24% of this year's annual revenue goal of RMB 7.125 billion.
24 airports in China pass 10 million mark in passenger volume
12/29/2014|11:04:42 AM|
China’s major airports are top ranked globally in passenger and freight volume and over 24 airports in China handle more than 10 million passengers a year.
Softbank leads significant investment in Kuaididache
01/15/2015|10:29:59 AM|
Kuaididache announced it raised significant amount in its latest financing round from Softbank Group, Alibaba Group and Tiger Fund.
Chinese outbound travelers estimated to top 117 million in 2014
01/14/2015|6:19:19 PM|
A survey also shows that short-haul destinations were still more popular, though the number of Chinese travelling to Southeast Asia plunged more than 34%
Wanda to invest in payment provider 99Bill
12/26/2014|9:37:30 AM|
Jianlin Wang sees the creation of a financial group as necessary for implementing the group’s corporate transition and for creating a new pillar operation and profit center.
Spring Airlines and Juneyao Airlines in IPO race
01/13/2015|3:32:35 PM|
Spring Airlines is leading the private airline IPO race by launching online and offline shares subscription on January 12, just ahead of rival Juneyao Airlines.
Wanda Tourism acquires yet another regional tour operator
12/12/2014|11:03:34 AM|
Wanda Tourism continues its takeover of regional tour operators with its acquisition of Kunming Scenic Travel, Wanda’s 11th such acquisition after Hunan tour operator Easygoing.
US investor puts US$23 million on Qunar
12/17/2014|5:31:11 PM|
Travel industry capital management company Par Capital Management has acquired 2.56 million of Qunar’s shares.
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