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Search results for “Temasek”
Temasek raises bets on China’s tourists instead of shoppers
02/15/2017
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10:10:30 AM
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Temasek appears to be betting that China's consumers will ease back on retail in favor of hitting the road, cutting its stake in e-commerce giant Alibaba while boosting its online travel holdings of Ctrip, reported CNBC.
Southeast Asia’s online travel to reach $30 billion in 2018, $78 billion in 2025
11/20/2018
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5:37:23 PM
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Southeast Asia’s online economy reached $72 billion in value this year, and is projected to triple to $240 billion by 2025.
Grab’s $100 million investment in budget hotel chain OYO reveals SoftBank’s firm hand
12/11/2018
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3:12:32 PM
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In Southeast Asia, SoftBank has tasked Grab’s CEO Anthony Tan to form joint ventures with a handful of portfolio companies to help those startups break into the region.
Mafengwo eyes Nasdaq IPO in two to three years
10/24/2018
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9:47:25 AM
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Mafengwo Vice President Yu Zhuo told Caixin that the incident won’t affect the company’s operations and it expects to list shares on Nasdaq in two to three years.
Berlin-based travel booking platform GoEuro secures $150 million growth funding
10/23/2018
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4:57:37 PM
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GoEuro has raised $150 million in one of the largest-ever investment rounds in Germany, doubling the company’s total capital raised to date.
ChinaTravelNews Briefing: Booking.com unites Spring Airlines, Tencent permits travel, and more
06/17/2018
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7:48:13 PM
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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.
ChinaTravelNews Briefing: Booking’s reinvention, Mafengwo’s funding and more
12/25/2017
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3:07:29 PM
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We join the dots of the events that took place in the past two weeks to offer insights into the Chinese tourists, travel startup funding rounds, major OTAs and internet giants’ technology solutions in China.
Rumors on Meituan-Dianping’s $3 billion IPO in 2018 denied
11/08/2017
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9:48:04 AM
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Reuters reported on Tuesday that China’s Meituan-Dianping may hold an IPO in the US as soon as next year to raise at least $3 billion, only to be denied by Wang Xing, CEO of Meituan-Dianping.
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