Search results for “expansion”
The Priceline Group and Ctrip Expand Partnership
08/07/2014|10:58:33 AM|
The Priceline Group agreed to invest $500 million through a convertible bond and Ctrip has granted The Priceline Group permission to acquire Ctrip shares in the open market over the next twelve months.
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.
Tripzm acquires leisure travel and lifestyle startup Meizhouliu
09/28/2015|10:44:21 AM|
Tripzm has fully acquired leisure travel and lifestyle site Meizhouliu, and will change the latter’s name to i-Tripzm.
Didi-Kuaidi seals partnership with Lyft in US$100 million deal
09/18/2015|8:58:17 AM|
Didi-Kuaidi has invested US$100 million in US ride-share company Lyft, and paves the way for a partnership enabling Lyft to access ride-share service to China.
Foreign OTAs – can they challenge the likes of Ctrip and Qunar?
01/29/2016|10:02:43 AM|
Domestic OTAs have been engaged in a cut-throat battle over the past few years. Foreign OTAs have room for growth, but they need to move assiduously.
Didi Kuaidi teams up with China Merchants Bank for mobile payment and strategic funding
01/28/2016|11:46:27 AM|
Didi has formed a strategic partnership with China Merchants Bank, enabling the 14 million Didi drivers to obtain loans from CMB. CMB will also make a strategic investment of an undisclosed sum in Didi.
China Lodging Group completes transaction for strategic alliance with AccorHotels
01/28/2016|9:48:03 AM|
China Lodging Group has completed the transaction of strategic alliance with AccorHotels whose economy hotel business progressively integrates into China Lodging Group's network.
LY.com and Lotte Tour in JV to develop travel to Korea
12/12/2015|11:19:43 PM|
LY.com is setting up a joint venture company with Korea’s Lotte Tour in a strategic partnership to consolidate local Korean tourism resources and procurement.
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