Search results for “IT”
Chinese real estate firm acquires 90.5% stake in luxury travel firm A&K
05/09/2017|10:47:03 AM|
Chinese real estate and investment company Zhonghong Group announced on May 8 that it plans to acquire a 90.5% stake in luxury travel company Abercrombie & Kent (A&K) for USD 412.49 million.
Didi denies rumored plan to get US listing in 2018
05/31/2016|10:33:53 AM|
Ride-hailing service Didi Chuxing, the main rival of Uber Technologies Inc in China, denied on May 30 a rumored plan to go public in the United States in 2018.
Spring Airlines revenue jumps 10.45% YoY in 2015
05/28/2016|10:25:04 AM|
Spring Airlines’ 2015 revenue grew 10.45% YoY to RMB 8.094 billion, of which passenger service revenue grew 9.1% to RMB 7.576 billion, accounting for 98.78% of the total revenue
Ctrip estimates Shanghai Disney will generate RMB 33 billion annual revenue
06/27/2016|6:56:14 PM|
Visitors spent an average of RMB 2,219 at Shanghai Disney Resort, and the Resort would generate RMB 33 billion annual revenue, if annual admission reaches 15 million.
Hotels: Leveraging Tech & Innovation in 2016
05/23/2016|9:42:57 AM|
The hoteliers attending the executive panel at the 2016 China Hotel and Marketing Conference all agreed that their technology is focusing on enhancing the consumer experience, especially with majority of consumers now young, tech-savvy millennials.
HNA-Caissa aborts Capital Airlines acquisition, turning to expand outbound services
05/10/2016|10:31:19 PM|
HNA-Caissa has decided to walk away from its bid for Capital Airlines, and instead will raise up to RMB 8 billion via private placement to expand outbound tour services
Shiji to acquire 19.6% voting right in Huanxun E-commerce for RMB 152 million
05/31/2016|10:03:28 AM|
Shiji Information, a major PMS service provider in China, plans to splash out RMB 152 million to buy 100% shares of Great Kylin Investment, which owns 19.6% voting right in Huanxun E-commerce. Shiji also owns 22.5% of iPS, Huanxun E-commerce’s fully-controlled subsidiary
Dudu Bus raises 100 million yuan in Series B round
05/13/2016|10:09:54 AM|
Shenzhen-based online bus charter platform DuduBus has raised 100 million yuan in the completed its B round financing.
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