Search results for “finance”
China plans to relax private investment limit on state-own airlines
07/06/2017|10:25:16 AM|
Chinese aviation authority CAAC issued a consultation paper proposing state carriers Air China, China Eastern and China Southern be allowed to have a relative control other than absolute control in the state ownership structure.
Car tourism app Wandehai gets Pre-A financing round
01/04/2016|2:45:51 PM|
Drive and travel app Wandehai recently completed a Pre-A financing round led by Jin Huifeng Investment.
Wanda bares ambition in sports tourism after snapping up prominent marathon organizer
06/06/2017|5:51:03 PM|
Wanda has snapped up Competitor Group Holdings, Inc (CGI), best known as the organizer of Rock n Roll Marathon series, and bares its ambition in expanding into sports tourism.
IHG to allow Chinese guests to pay via Alipay
08/24/2016|4:42:39 PM|
IHG will allow its Chinese guests to pay via Alipay through all of IHG’s online and mobile channels, as well as across its full estate of hotels globally.
New investor of Yidao Yongche displaces LeEco as majority shareholder
06/30/2017|11:40:05 AM|
Chinese ride-hailing firm Yidao Yongche announced that it has brought in a new investor which will replace LeEco as controlling stakeholder of Yidao.
China Lodging keen on sustaining growth, plus better margin
08/19/2016|5:33:26 PM|
China Lodging Group is optimistic that the key performance metrics would continue to show upward movement buoyed by quality of the product and a diverse brand mix.
HNA slows M&A pace after US$50b buying spree in past 2 years
06/06/2017|8:49:20 PM|
As the global market is increasingly complicated, the HNA Group will slow down in making acquisitions, having amassed overseas assets to make up 30% of its portfolio that contribute to half of the group’s revenue.
Meituan-Dianping raise US$2.8 billion in financing
12/23/2015|9:29:03 PM|
Meituan-Dianping has already raised US$2.8 billion in financing as of mid-December this year through the issuance of Class B shares.
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