Search results for “UTour”
Alibaba arm to invest $38m in loss-making Chinese tour operator UTour Group
12/13/2021|1:44:05 PM|
The deal will enable Alibaba to double its current stake in UTour to 11.06%.
Alibaba ups $38M investment in UTour; US-China travel fast-track program to start in early 2022 | Daily Brief
12/09/2021|12:18:25 AM|
COVID-19 travel curbs are biggest challenge for British firms in China; HNA transfers airline management to strategic investor.
Chinese travel agencies Caissa, UTour dive as pair scrap merger plans
12/07/2021|3:51:06 PM|
The termination will not have an adverse impact on the companies’ operations.
IATA chief: mergers like the Caissa+Utour’s might be rare
07/27/2021|11:30:15 AM|
China’s domestic aviation demand has exceeded the level of 2019, demonstrating the strength of the Chinese market.
HNA-invested tour operator Caissa Tosun plans to acquire Alibaba-backed rival UTour to form a $1.9 billion giant
06/16/2021|2:20:36 PM|
Alibaba holds a 5% stake in UTour while HNA Group owns more than 21% shares of Caissa Tosun.
US-China fast track travel starts soon; Trip.com rebrands biz travel unit | Weekly Review
12/12/2021|7:42:47 PM|
Beijing Olympics to rely on chartered, temporary flights to bring athletes into China; Alibaba adds $38 million investment in UTour after tour operator cancels mega-merger with peer.
Tour-operator giants scrap merger plans; Trip.com rebrands corporate travel unit | Daily Brief
12/07/2021|10:33:15 PM|
Alibaba subsidiary invests in travel information provider Smart Tour Tianfu; Business executives go first when China-Hong Kong border opens.
OTA buys payment license; Alibaba invests in Utour, Dufry | Weekly Review
10/11/2020|4:38:09 PM|
Travel experiences platform KKday raises $75 million in C round; Marriott’s occupancy rate in China tops 80%.
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