Search results for “US China travel”
China Southern’s 2015 net income exceeds RMB 3.7 billion
01/28/2016|11:16:34 AM|
China Southern Airlines finished the year of 2015 with flying colors, reporting net income estimated to exceed RMB 3.7 billion, the preliminary estimate of net income attributable to shareholders in 2015 shows y-o-y increase of between 110%-130%.
Juneyao Air to raise US$540 million in private offering for fleet and online platform expansion
01/15/2016|4:30:11 PM|
Juneyao Air will make a private offering to raise RMB3.565 billion and use RMB2.7 billion to purchase four Airbus A320 and RMB165 million forTaotrip platform.
Boutique travel platform Zanadu raises US$12 million in Tencent-led financing
12/23/2015|7:45:50 PM|
Boutique travel website Zanadu announced it received over RMB80 million in its A+ financing round, in which IT giant Tencent is the lead investor.
China gears up for a strong impression on Indian e-commerce footprint
01/09/2016|4:28:02 PM|
Ctrip’s decision to invest in MakeMyTrip is just one example of how Chinese companies, led by Alibaba, are pursuing ways to be a part of growth story in India.
China outbound travel surges to 120 million trips with strong demand for shopping
12/08/2015|5:53:12 PM|
China is world’s largest outbound travel market for the third year runnning, as the growth rate for outbound travel volume is expected to reach 16% this year.
Chinese government to permit more duty-free stores openings
12/07/2015|5:56:34 PM|
More duty free stores will be opened in China to offer Chinese shoppers’ greater access to imported goods and open up import channels to satisfy demand.
Foreign players wary of B2C model, but B2B remains an attractive proposition
12/14/2015|6:47:51 PM|
Anyone can sell the way China’s local intermediaries have shaped up their selling platforms. It’s virtually a B2B2C model today, and foreign OTAs are keen on tapping it for outbound segment
LY.com and Lotte Tour in JV to develop travel to Korea
12/12/2015|11:19:43 PM|
LY.com is setting up a joint venture company with Korea’s Lotte Tour in a strategic partnership to consolidate local Korean tourism resources and procurement.
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