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Search results for “Wealthy Chinese”
UCAR takes 5% of CAR Inc for US$210 million
10/13/2015
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3:38:32 PM
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CAR Inc's main shareholder Grand Union will transfer 125.4 million of its CAR Inc shares to Youche Technology, at HK$13.5 per share for US$210 million.
RMB devaluation to have limited immediate effect on tourism
08/13/2015
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6:16:06 PM
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Although outbound tourism will be adversely affected by the RMB’s exchange rate if it continues to fall, immediate effects are expected to be limited.
China's Didi Kuaidi firms up anti-Uber alliance with Ola investment
09/29/2015
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10:39:24 AM
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China's Didi Kuaidi said on Monday it has invested in Indian peer Ola, forging a new alliance challenging U.S. rival Uber Technologies Inc.
Didi Kuaidi raises $3 billion as rival Uber China brings in $1.2 billion
09/10/2015
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11:04:46 PM
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Didi Kuaidi is set to raise about $3 billion through its latest fundraising round just as funding at the Chinese unit of rival Uber Technologies Inc reaches $1.2 billion.
RMB devaluation adds to Chinese billionaires' woes
08/14/2015
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6:14:18 PM
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Chinese billionaires lost close to $100 billion in the market crash before a mini rally. Now the Central Bank RMB devaluation threatens to derail any comeback.
Singapore's GrabTaxi raises $400M round from Didi Kuaidi backer CIC
08/18/2015
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5:35:07 PM
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Southeast Asia’s Uber rival GrabTaxi raised US$400 million in a round led by China Investment Corp, China’s sovereign wealth fund and Didi Kuaidi investor.
TripAdvisor nests in China
07/27/2015
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2:40:48 PM
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ChinaTravelNews chats with Lily Cheng, President of TripAdvisor APAC, about the Chinese travel market and TripAdvisor’s initiatives in the country.
Travelzoo reacquires its APAC business from founder for $22.6 million
08/27/2015
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6:08:01 PM
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Travelzoo, which sold its APAC businesses to founder Ralph Bartel for $3.6 million six years ago, has reacquired it for market value of $22.6 million.
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