Search results for “IT”
New investor of Yidao Yongche displaces LeEco as majority shareholder
06/30/2017|11:40:05 AM|
Chinese ride-hailing firm Yidao Yongche announced that it has brought in a new investor which will replace LeEco as controlling stakeholder of Yidao.
Ctrip projects 20 billion yuan in group tour revenue this year
06/30/2017|10:51:10 AM|
Ctrip projected that its group tour business will gross RMB 20 billion this year. Its chairman James Liang said that the company’s sales income from hotels, air tickets, and travel groups will quickly become the highest in the world.
JD.com ties up with China Eastern for air cargo, corporate travel
06/28/2017|10:10:53 AM|
JD.com has formed a strategic partnership with China Eastern Airlines to strengthen its logistics service and corporate procurement business, particularly JD corporate travel.
Meituan Travel grosses 18 million room nights of hotel bookings in July
08/11/2017|8:06:20 PM|
Meituan Travel registered more than 18 million room nights of hotel bookings in a single month in July, an increase of 50% year on year.
Grand China Air increases its Hainan Airlines stake to 34.84%
03/06/2015|10:15:41 PM|
Grand China Air has purchased 595 million shares of Hainan Airlines for RMB1.898 billion from Hainan Development Holdings.
Crowd funding platform Duocaitou completes $10 million A round
06/23/2017|11:13:07 AM|
Crowd funding platform Duocaitou has raised USD 10 million in its Series A round financing. DCM Ventures was the lead investor and Shunwei Capital also participated in the round.
Chinese OTAs open up to new ways of distribution connectivity and integration
07/04/2017|9:50:52 AM|
Emirates' decision to make their offerings available for booking on Alitrip (Fliggy) via an NDC API indicates the readiness of intermediaries in China to embrace new developments.
Bike-sharing firm Ofo raises $700 million in E round, backed by Alibaba
07/06/2017|6:11:42 PM|
China's bike-sharing platform Ofo announced that it has received more than USD 700 million in its series E round funding. The round had Alibaba, Hony Capital and CITIC as the lead investors and also involved Didi Chuxing and DST.
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