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OTA LY.com to invest US$233 million to enter the online financial sector
12/08/2015|10:01:12 PM|
Chinese OTA LY.com is entering the financial sector by launching a checking financial product, Tong Tong Bao, on December 18.
Shiji Information takes 50.51% of eFuture Information for US$16 million
11/27/2015|12:33:29 AM|
Shiji Information (Hong Kong) has forked out US$16.7505 million to acquire 2.454 million ordinary shares of eFuture Information Technology at US$6.826 per share.
Six Chinese hotel groups form joint network
11/26/2015|12:38:41 AM|
Huatian Hotel Group, New Century Hotels and Resorts, Celebrity City Hotels, New Beacon Hotel Group, Shuguang Hotel Group and GDH set up Zhejiang Lashou.
eLong reports 94% growth in domestic hotel network in Q3 2015
11/19/2015|2:08:43 PM|
Net revenues for the third quarter increased 2% to RMB307.2 million (US$48.3 million), compared to RMB301.5 million in the third quarter of 2014.
Carnival Corp forms US$4 billion cruise JV with two Chinese SOEs
10/23/2015|5:31:44 PM|
Carnival Corp is teaming up with two Chinese state-owned enterprises (SOEs) to set up a joint venture worth 2.6 billion pounds．
Homeinns optimistic about achieving higher margin revenue contribution
11/10/2015|5:48:42 PM|
The hotel chain continues to be bullish about its hotel development pipeline, as well as its frequent guests program which rose to 47m members in Q3.
LY.com announces JV with Japan’s HIS
11/06/2015|9:36:24 AM|
Chinese OTA LY.com has announced it will set up a joint venture with Japanese tour operator HIS to focus on consolidating and procuring local tourism resources in Japan.
Bus ticket platform 12308 raises US$7.8 million to launch O2O coach service
11/05/2015|5:05:30 PM|
Bus ticketing platform 12308 has received an investment worth RMB50 million from China Transinfo to help its plans to offer O2O long-distance coach service.
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