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Tourism IT Fangcang raises almost US$10 million in Series A financing
05/13/2015|10:30:15 AM|
Fangcang has raised RMB60 million in a Series A financing, the third round of investment for Fangcang in two years.
Poor business models put 90% of China’s theme parks in the red
05/12/2015|10:49:30 AM|
Time Warner and Dreamworks are jointly constructing a 10 square kilometer theme park in Zhuhai.
China Southern to expand Hainan operation in next five years
04/21/2015|3:15:02 PM|
China Southern Airlines will expand its fleet in Hainan to more than 40 aircraft and have fixed assets of RMB18 billion by 2020.
Songcheng to invest US$24 million in subsidiary for Fuzhou project
05/07/2015|10:21:36 AM|
Songcheng Performing Arts will set up a wholly-owned subsidiary and use it to acquire certain assets of XHA Group to develop a tourism zone in Fuzhou.
Edaijia raises US$100 million in latest financing round
05/06/2015|9:59:00 AM|
Driver hire service Edaijia has raised US$100 million in its Series D financing, raising its estimated value to US$8,000 million.
Chinese theme parks need to diversify their business models amid booming demand
05/05/2015|9:59:28 AM|
The Chinese market is expected to be able to accommodate at least 10 additional theme parks of similar scale to Disneyland in the next 25-30 years.
How Tuniu is using offline expansion to build an online hybrid platform
04/06/2015|3:19:41 PM|
Donald Yu, CEO of Tuniu, shared his thoughts on topics such as China’s online travel boom, why growth outweighs profitability in the sector and the untapped potential in lower-tiered cities.
Huatian Hotel’s revenue plunges 39.51% y-o-y in Q1 2015
04/29/2015|9:32:24 AM|
Huatian Hotel Group recorded RMB263 million operational revenue and RMB48.7938 million net profit, down 39.51% and 28.03% y-o-y respectively.
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