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Meituan-Dianping announces 3-billion-yuan fund for consumer sector
02/22/2017|11:47:29 AM|
Meituan-Dianping kick-started an industrial fund, targeting to invest RMB 3 billion in the consumer sector. The funding sources include Meituan-Dianping, Tencent and New Hope Group.
Meituan-Dianping launches overseas lodging service
02/15/2017|9:14:24 AM|
Chinese group-deal platform Meituan-Dianping announced that the company has rolled out overseas accommodation service on its two major apps, offering over 120,000 overseas properties for booking, of which 25% are high-rated hotels.
Sabre revenue rises 13.9% YoY in 2016
02/07/2017|9:57:19 PM|
Sabre reported revenue growth of 13.9% to USD 3.373 billion in full-year 2016. Consolidated net income attributable to common stockholders totaled USD 242.6 million, down by 55.5% YoY.
MakeMyTrip's gross bookings rose 21.3%
02/06/2017|8:47:13 PM|
The Indian OTA generated revenue of USD 123.2 million in the quarter ended December 31, 2016, an increase of 38.6% YoY.
Air China and Shenzhen Airlines cut ticket agent commissions
06/10/2015|6:56:25 PM|
Air China has notified its Chinese ticket agents that its 1% commissions will be cut from June 10.
China’s carriers receive 297 million passengers and net over 400 billion yuan in H1
07/16/2018|1:54:04 PM|
In the first half of 2018, China’s civil aviation industry registered a 12.4% increase in the number of air passengers, a 16.5% increase in operation incomes and a total profit of RMB 30.61 billion.
Air China sets its sight on top level personalization
05/29/2015|6:30:36 PM|
Chinese carriers generally lag behind their counterparts in the U. S. when it comes to personalization. But things are evolving, says Air China’s Fajin Hu.
Tempus Global to buy 52% holding of Jettour for RMB 52 million
01/06/2017|11:41:59 PM|
Tempus Global will acquire 52% holdings of outbound tour operator Jettour for RMB 32 million in cash and RMB 20 million in capital injection.
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