Search results for “RMB”
HNA raises RMB 12.5 billion on New Third Board in 2016
12/26/2016|9:37:37 AM|
HNA’s Capital Helicopter announced that it has raised RMB 3.2 billion in a private placement, said to be the largest sum raised on the New Third Board so far this year. It has boosted the total sum raised by HNA on the board in 2016 to more than RMB 12.5 billion.
China to spend over RMB 1 trillion on sports tourism
12/26/2016|11:44:19 AM|
China’s tourism and sports authorities are joining forces to boost the country’s sports-related tourism, aiming to yield 1 billion trips and more than RMB 1 trillion tourism receipts from this segment by 2020.
Blockchain-driven home sharing platform PopulStay raises $2.25 million
07/11/2018|4:52:15 PM|
Based on blockchain technology, PopulStay hopes to build a home sharing community by directly connecting hosts and guests, and lower the cost for both parties by doing away with intermediaries.
Huazhu ranked 4th globally, Meituan files for IPO, and more in ChinaTravelNews Briefing
07/09/2018|10:48:48 AM|
AccorHotels’ shareholder Huazhu surpassed IHG in market capitalization as the world’s fourth highest valued hospitality group. Tencent-invested e-commerce and travel firms Meituan and Tongcheng Elong filed for Hong Kong listings.
Flight metasearch engine iGola raises RMB 130 million
12/22/2016|2:10:24 PM|
Guangzhou-based international flight metasearch engine iGola has netted RMB 130 million in the series A+ funding round.
ChinaTravelNews Briefing: Booking.com unites Spring Airlines, Tencent permits travel, and more
06/17/2018|7:48:13 PM|
China Southern pledged to facilitate cancellation and re-scheduling for its directly or indirectly sold tickets; Tencent is working with the Chinese government to create an electronic travel pass system.
Bike-sharing Ubike raises RMB 100 million in A+ round
12/15/2016|5:55:07 PM|
Shanghai-based Ubike announced on December 13 it has raised RMB 100 million from BlackholeCap in its series A+ funding round.
RV rental platform Sofangche receives millions of yuan in angel funding
06/13/2018|2:31:39 PM|
Sofangche targets both business operators and individual customers, and is already seeking another round of financing.
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