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United Airlines eyes long-term growth in China’s lower-tier cities
07/21/2016|9:35:48 AM|
United Airlines looks to long-term operation out of lower-tier cities based on prudent evaluation of a destination’s economic and consumption potential.
China Resources Fund makes strategic investment in Meituan-Dianping
07/20/2016|3:05:49 PM|
Chinese Internet company Meituan-Dianping said on July 18 it has raised an undisclosed amount from China Resources Group in a fresh round of funding.
HNA to boost stakes in Yangtze River Express and TAP Portugal
07/20/2016|9:59:39 AM|
Hainan Airlines plans to increase its holding in Yangtze River Express to 11.58% for RMB 915.2 million and raise its stake in TAP Portugal to 23% for EUR 30 million.
China Eastern to expand routes to Europe, America and Australia
04/08/2016|11:14:51 AM|
China Eastern Airlines is making strides in expanding route networks to Europe, America and Australia, with the goal of boosting its international capacity by 20% annually before 2020
Fosun splashes out billions of yuan in luxury tourism property
07/19/2016|9:59:26 AM|
Fosun has splurged nearly RMB 11 billion on building Atlantis Sanya, a high-end resort featuring 807 apartments and 197 villas which will appeal to global investors.
O2O player wanzhoumo.com completes an eight-digit series B round led by Momo
07/19/2016|9:28:25 AM|
Shanghai-based O2O player wanzhoumo.com (“周末去哪儿”) announced on July 18 that it has completed an eight-digit series B round this February. The lead investor was Momo, China’s largest mobile-based social networking platform, and existing investors Blue Lake Capital (“蓝湖资本”) and Matrix Partners (“经纬创投”) also joined.
WeChat to roll out e-invoice solution for corporate travel
04/05/2016|10:12:15 PM|
Top player in China’s social media network is joining hands with third-party service providers to explore a feasible solution for issuing e-invoice via the WeChat Wallet and Official Accounts
132 international air routes launched in China in Q2, 60% in lower tier cities
07/15/2016|11:10:33 AM|
CAAC approved 132 new international routes operated by local and international carriers, and around 60% of the routes connect with lower tier cities in the country.
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