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UCAR raises US$550 million boosting market valuation to US$3.55 billion
09/17/2015|8:59:07 AM|
CAR Inc. has announced that it is forking out US$50 million to take part in UCAR Group’s Series B financing. The financing round generated a total of US$550 million for UCAR, the operator of CAR Inc’s UCAR chauffeurerd service.
TMC platform Miutrip supports industry small fries with new financing
09/16/2015|3:25:21 PM|
Miutrip, a travel management company (TMC) specializes in providing integrated solutions for business travel, announced it has received multi-million investments in its A Round financing.
Mobile rules, but offline, too, is pivotal as car rental brands scale up
08/22/2015|8:53:45 AM|
Car rental and service providers in China are looking at mobile for growth and cost controlling but that doesn’t mean that offline touch points are going out of favour.
Fourth runway for Beijing Airport in use by 2018
09/14/2015|11:00:06 PM|
Shi said in the 4th Beijing Global Friend Airports CEO Forum on September 10, 2015 that the runway and new control center will be inaugurated in 2018.
Getting ready for a deregulated travel market in China
08/19/2015|10:49:24 PM|
Travelport is preparing itself for full deregulation in the Chinese distribution market. The company believes it can play an integral role in shaping up the future of travel ecommerce in China.
Huanbaoche raises US$7.5 million to expand global operations
09/09/2015|11:48:20 AM|
Overseas Chinese-language airport transfer and charter vehicle service Huanbaoche announced it raised RMB48 million in its Series A financing round.
Convention Wi-Fi solutions KKH plans A Series financing after Angel investment
08/11/2015|6:23:55 PM|
Kaikaihuai (KKH),Wi-Fi solutions provider for conventions, is planning to launch an A Series financing round, having received a multi-million RMB angel investment.
Air China achieves steady direct sales growth in first half
09/02/2015|6:22:23 PM|
After rolling-out a series of initiatives to improve the operational performance of its e-commerce platform, Air China is witnessing positive results.
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