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Deals Roundup: Travel finance has a long way to go
09/24/2016|9:26:13 AM|
A look at potential development of travel finance for consumers and suppliers, and a roundup of financing deals in travel industry:
Chinese visitors to the US expected to leap 25% in 2015
02/25/2015|10:22:24 AM|
Chinese visitor arrivals to the USA are expected to grow by 25% to 30% this year, continuing the strong growth in 2014.
Chinese tourists inject US$17 billion into Korean economy in 2014
02/25/2015|9:23:58 AM|
Chinese tourists are directly responsible for creating 340,000 jobs, equivalent to 0.06 jobs created per visitor.
Local car-hailing rules may wipe two-thirds of Didi’s value
10/14/2016|9:31:19 AM|
Didi’s market value, currently estimated at USD 35 billion, may decline by two-thirds if the draft laws are implemented, an industry investor told Securities Daily.
Tencent takes part in bike-sharing Mobike’s C+ round
10/14/2016|8:29:08 PM|
Bicycle rental startup Mobike announced on October 13 that it has completed another round of financing which had Chinese social network giant Tencent as one of the investors.
Alibaba’s IM unit rolls out corporate travel service
10/14/2016|9:29:09 AM|
More than 1,000 partner enterprises have signed up for the corporate travel service powered by Alibaba’s instant message unit DingTalk.
Chow Tai Fook sinks US$2.6 billion into Incheon Casino project
02/16/2015|5:11:35 PM|
Hong Kong-based Chow Tai Fook Group will invest US$2.6 billion in the Incheon Casino project that targets Chinese visitors.
Chinese investments in global hotel industry to exceed US$5 billion
02/11/2015|1:34:50 PM|
Chinese investments are set to grow rapidly thanks to long-term investment strategies and therelaxation of cross-border capital flow control.
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