Search results for “commuter”
Amadeus gears up for a bigger chunk of China’s travel pie
06/07/2016|10:13:58 AM|
Amadeus has made significant headway in China, both with its distribution and IT solutions. The group has diligently aligned itself to experience the benefits of further deregulation steps.
CAR Inc. net profit soars by 220% thanks to hired and rental services
03/11/2016|10:17:23 PM|
Buoyed by its strategic expansion in car-rental, ride-sharing and second-hand car trading, the B2C-focused CAR Inc. registered 220% growth in net profit last year.
Shouqi Car Rental buys 40% stake of Reo Car Rental
02/16/2016|11:01:04 AM|
Shouqi Car Rental has acquired a 40% stake of Reo Car Rental and become the latter’s largest shareholder. The move helps further its game plan in the domestic car rental market.
ITB Berlin strengthens its presence in China
03/10/2016|9:14:19 AM|
Starting in May 2017, ITB China will take place annually at Shanghai World Expo Exhibition and Conference Center in the partnership with TravelDaily China, China’s leading online news portal and event organizer for the travel industry.
Ctrip’s partner UTour plans full acquisition of HuaYuan
03/03/2016|6:18:43 PM|
Ctrip’s partner Beijing Utour International Travel Service Co Ltd (UTour) plans to buy out Huayuan International Travel (HuaYuan) for RMB 2.6 billion. The funds for the purchase will be raised by issuing 65.61 million shares at RMB 35.82 per share plus RMB 250 million in cash.
Uber extends footprints to 18 Chinese cities
01/29/2016|11:44:23 AM|
Uber China will cover a larger part of the China market and extend its footprints from 37 cities to 55 cities by the end of next month.
Sabre reports fourth quarter and full year 2015 results
02/09/2016|11:23:46 AM|
Sabre's Q4 2015 Travel Network revenue increased 22.3% to $531.2 million and its Adjusted EBITDA increased 20.9% to $208.0 million. Total bookings increased 33.0% driven by the acquisition of Abacus and continued strong growth in North America and EMEA.
Uber China matures as stronger more localized service
11/30/2015|12:31:46 AM|
Uber China’s strategy director Zhen Liu said Uber’s market share in China has grown from 2% in the beginning of the year to 35% now.
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