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Search results for “Mergers”
Tujia’s online unit receives $300 million funding, backed by Ctrip
10/10/2017
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10:05:35 AM
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Chinese accommodation sharing firm Tujia announced that its online platform has closed $300 million E round funding, following the separation of Tujia’s online and offline departments.
Tencent-backed Meituan close to $3 billion-plus funding
09/28/2017
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9:18:55 AM
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Meituan Dianping, China’s largest group-buying and restaurant reviews service, is said to be close to finalizing a deal to raise at least $3 billion from investors including Capital Group and Tencent.
Tongcheng and eLong said to have entered into a new round of strategic cooperation
08/11/2017
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11:50:16 AM
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China Travel News has learned that Tongcheng and eLong have entered into a new round of strategic cooperation.
BTG Hotels’ operating income rises 71.33% YoY to ¥3.988 billion
08/31/2017
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9:45:57 AM
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BTG Hotels reported operating income of ¥3.988 billion in H1 2017, an increase of 71.33%; net profit attributable to the parent company grew ¥227 million to ¥241 million, an increase of 1626.29%.
AI, AR innovations provide a glimpse of tourism operation in the future
09/15/2017
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3:27:25 PM
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AIcorrect Translator, designed for independent outbound tourists with the application of AI voice recognition technology, won the championship with "Innovation Enterprise Award" and "People's Choice".
Expedia’s new CEO on what he’d like to change
09/01/2017
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11:46:22 AM
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Mark Okerstrom says mergers and acquisitions are in Expedia’s DNA, and a key priority is finding solutions to getting better at “solving unique local challenges".
TripAdvisor's smoother path to a takeover
08/24/2017
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6:56:17 PM
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TripAdvisor‘s potential acquirers may not only be Priceline and Expedia, but Facebook, Amazon and Alibaba. TripAdvisor's market value has shrunk to over $5 billion from over $9 billion this time a year ago.
Expedia freezes China listings; ITB China 2020 postponed | Weekly Review
02/20/2020
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10:08:28 PM
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China may see losses of USD 430 billion by the coronavirus disruption on travel for 2020; It plans cash injections and mergers to bail out aviation.
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