Search results for “consolidation”
China brands special part 2: Hotels - Digitalization and quality consistency
06/01/2015|12:02:26 PM|
Part of a three-part special series, ChinaTravelNews takes a look at the Travel industry brands that made the list. Part 2 takes a look at hotels, with three making the list.
CAR Inc open to venturing into “auto-related” business areas
05/28/2015|9:27:51 PM|
CAR Inc's latest quarterly results have been an extension of its solid 2014 performance with gross profit up by 97% y-o-y to RMB1,239 million last year.
Shijie99 partners with investor Utour and makes JV with CTM Group subsidiary
05/08/2015|10:34:40 PM|
Shijie99 has recieved an investment from Utour, distribution rights for CTM Group’s products in China, and will set up JV with CTM's Westminster Travel.
Bus sharing startup DaDaBus raises US$6.78 million
05/19/2015|11:14:23 AM|
Bus-share startup DaDaBus announced it raised an angel investment of RMB5 million as well as RMB37million in its Series A financing.
A year of Investments for Ctrip
04/29/2015|11:00:04 AM|
Ctrip's Q4 2014 earnings report showed them as the biggest online travel company in China in terms of transaction value.
Tempus Global acquires TMC Qingdao ZX to facilitate entry into Shandong market
05/13/2015|10:31:10 AM|
Tempus Global has acquired travel management company (TMC) Qingdao ZX to pave the way for its entry into the Shangdong province market.
Jin Jiang Hotels profits up by 41.48% in Q1 2015
05/07/2015|4:50:07 PM|
Jin Jiang reported a 41.48% increase in revenue and 59.1% increase in net profit in Q1 y-o-y, at RMB909 million and RMB154 million respectively.
Overseas chauffeur service Huiwan raises US$3 million in Pre-A Series financing
04/27/2015|9:39:10 AM|
Overseas tourism Chinese-language chauffeur platform Huiwan received a RMB20 million in the Pre-A financing round from New Margin Ventures.
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