Search results for “expansion”
Utour reaps 3.875 billion yuan from outbound wholesale in H1 2017
08/23/2017|7:08:47 PM|
In the first half of 2017, Utour chalked up total operating revenues of RMB 5.05 billion, up by 13.40%, and incomes of outbound wholesaling business grew by 13.11% to RMB 3.875 billion.
Overseas independent travel provider RRUU raises RMB 35 million
08/18/2017|3:19:00 PM|
RRUU has recently received RMB 35 million in its A+ round financing and is to complete the B-round financing later this year.
Juneyao Air to raise US$540 million in private offering for fleet and online platform expansion
01/15/2016|4:30:11 PM|
Juneyao Air will make a private offering to raise RMB3.565 billion and use RMB2.7 billion to purchase four Airbus A320 and RMB165 million forTaotrip platform.
Mainland Chinese tourists sought-after having spent $33 billion in US
08/16/2017|11:09:49 AM|
China continued to reign as a top visitor source market for the US in 2016, as the number of visitors from mainland China grew by 15% to 3 million and their total spending increased by 9% to $33 billion.
Plateno Group’s Wowqu raises RMB 50 million in Pre-A round
08/11/2017|5:56:06 PM|
Plateno's apartment rental brand Wowqu announced that it had received RMB 50 million in its Pre-A round financing backed by 58.com, a Chinese classified advertisement website.
Shanghai Disneyland receives over 13 million visitors
08/11/2017|2:29:04 PM|
The Walt Disney Company reported an increase of 12% in its parks and resorts revenue for the third fiscal quarter, to $4.9 billion, and Shanghai Disneyland has received more than 13 million visitors.
Ctrip records 20 million room nights in July with lower-tier city strategy
08/11/2017|10:13:33 AM|
Thanks to its successful strategy in lower-tier Chinese cities, Ctrip has achieved a record high of 20 million room nights of bookings in July.
Priceline Group CEO: online travel in China may still witness “significant volatility”
06/19/2017|1:58:57 PM|
Priceline CEO Glenn D. Fogel believes that price is still incredibly important in China's OTA market. The key of setting up a brand in China is to understand ecosystems – Baidu, Alibaba and Tencent.
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