Search results for “finance”
Alibaba founder invests in Airbnb’s China rival Xiaozhu
11/02/2017|7:33:32 AM|
Chinese house-sharing platform Xiaozhu.com raised $120 million in its latest financing round backed by Alibaba founder Jack Ma's Yunfeng Capital, making it a billion-dollar unicorn startup.
Xiaozhu co-founder anticipates profit in 2018 and moots listing plan
11/02/2017|4:52:25 PM|
Xiaozhu has been operational online with clear transaction scale and business model, and the possibility of going public is becoming clearer, though no timetable has yet been set.
Fintech startup of Tuniu former president snares $146 million in A round
01/12/2018|10:50:01 AM|
BlackFish, a fintech startup co-founded by online travel site Tuniu’s former executives, has raised RMB 950 million (USD 146 million) in A-round funding, backed by Lightspeed China Partners and Gobi Partners.
TripAdvisor revenue rises 6% in Q1 2017
05/10/2017|11:29:26 PM|
User reviews and opinions grew 43% and reached 500 million at March 31, 2017. GAAP Net Income slided 55% to USD 13 million.
Priceline posts $20.7 billion gross travel bookings in Q1 2017
05/10/2017|7:44:38 AM|
Priceline Group reported gross travel bookings growth of 24% in the first quarter of 2017. Gross profit grew 16% to USD 2.3 billion and net income rose 22% to USD 456 million.
Meituan-Dianping reportedly mulls hotel unit spin-off for independent financing
08/25/2016|10:49:10 AM|
Meituan-Dianping would have to spin off its hotel business as the company was expected to run out the 3.3 billion dollars raised in its series E round within 1.5 years.
SEC report: HNA Group owns 26.5% stake in Tuniu
04/18/2017|6:39:51 PM|
A recent SEC filing shows that HNA holds a 26.5% stake in Tuniu and JD.com controls a 20.6% stake in the company, as of March 31, 2017.
Travel platform KKday secures $10.5m funding, backed by Japan travel giant
02/22/2018|3:55:32 PM|
The alliance and funding are expected to help KKday expand its regional presence and further improve its variety of affordable product offerings to travelers.
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