Search results for “finance”
Tuniu cuts net loss to 41.7 million dollars in Q1 2017
05/26/2017|9:40:33 PM|
Tuniu trimmed its net loss to RMB 287.4 million (USD 41.7 million) in Q1 2017 from RMB 538.5 million in Q1 2016 by "improving operational efficiency and realizing economies of scale."
China’s flag carriers chalk up lower-than-expected revenue increase
03/30/2018|3:58:36 PM|
Fuel price, as an important factor affecting the profitability of airlines, sees different market forecasts and should draw a cautious attitude from airlines.
HNA subsidiary E-Life Financial to close 4-billion-yuan B round
09/19/2016|10:02:31 AM|
HNA Group’s financial arm is about to complete its series B round funding and raise more than RMB 4 billion in the round. This will put its value at around RMB 8 billion.
Outbound travel service provider Phoenix Tours closes RMB 700 million C round
11/07/2017|10:41:32 AM|
Outbound travel service provider Phoenix Tours announced that it has received RMB 700 million in its C round financing. It will continue to balance supply and demand with the funds raised.
Ctrip net revenues climb 46% in Q1 2017
05/11/2017|8:06:51 AM|
Ctrip's transportation ticketing revenues in first quarter of 2017 rose 48% to USD 418 million after consolidating Skyscanner results for first time. The same revenues in Q1 2016 grew 106% YoY.
Travelport sees highest air revenue growth in Asia Pacific in Q1 2017
05/10/2017|12:40:47 AM|
Travelport posted a 7% net revenue rise in the first quarter of 2017. International Travel Commerce revenue grew by USD 41 million, with Asia Pacific contributing primarily to this increase.
Expedia gross bookings grow 14% in Q1 2017
04/28/2017|7:09:34 AM|
Expedia reported gross bookings of USD 2.9 billion in the first quarter of 2017. Revenue increased 15% YoY to USD 2.2 billion, of which Trivago took up USD 286 million, a 62% rise from a year ago.
Zowoyoo closes a new round of financing
09/06/2016|1:02:35 PM|
Travel SaaS platform Zowoyoo has closed a new round of funding, following its series A round in 2015.
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