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Spring Airlines profit leaps 83% in Q1-Q3 of 2015
11/03/2015|10:17:20 PM|
Spring Airlines saw 13% increase in revenue in the first three quarters of this year, to RMB6.325 billion, and net profit attributable to shareholders skyrocketed 83% to RMB1.202 billion. Basic earnings per share were RMB3.09.
Tencent to complete US$1 billion investment in Meituan-Dianping
11/03/2015|10:13:42 PM|
Tencent will soon complete an investment of US$1 billion in the newly merged Meituan-Dianping. The new company’s is valued at US$20 billion.
Guangzhou becomes busiest city in the world for Uber
11/03/2015|7:28:47 PM|
Uber expects its turnover in China to exceed that of the US while Guangzhou has recently become Uber’s top city in the world in terms of booking volume.
Ctrip acquires top rail ticket platform Suanya for US$16 million
07/23/2015|2:45:59 PM|
Ctrip announced that it acquired Guangzhou-based rail ticket search engine and booking software Suanya Technologies for about RMB100 million.
China becomes the fastest growing visitor market for Switzerland
11/02/2015|5:31:17 PM|
Switzerland Tourism said that Swiss hotels had clocked up a total of 1.060 million nights from Chinese tourists in the first eight months of this year, up 33.9% y-o-y.
Malaysia to implement visa-free policy for Chinese tour groups
11/02/2015|5:09:06 PM|
The Malaysian government has decided to implement a visa-free policy for groups of two or more Chinese visitors to attract more Chinese tourists.
B2B hotel booking platform Ziztour gets A Series financing
07/07/2015|5:35:37 PM|
Hotel B2B online direct sales platform Ziztour announced it received 100 million yuan from investors led by Legend Holding in its A Series financing round.
Overseas travel guide platform MDD World gets multi-million yuan angel investment
07/02/2015|10:01:10 AM|
Destination travel platform MDD World received a multi-million yuan angel investment from Shenzhen investors Innovalley and Innovation Angel Funds.
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