Search results for “finance”
Ctrip subsidiary Aiwan gets record investment from Fosun Group
03/11/2015|9:51:09 PM|
Aiwan announced it received multi-million Series A financing from Fosun Group, the largest investment ever in the fledgling theme travel market in China.
Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015|9:24:28 AM|
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
Tencent takes part in bike-sharing Mobike’s C+ round
10/14/2016|8:29:08 PM|
Bicycle rental startup Mobike announced on October 13 that it has completed another round of financing which had Chinese social network giant Tencent as one of the investors.
Songcheng Performing Arts acquires regional Tibetan folk opera
04/08/2015|9:25:40 AM|
Songcheng will invest RMB87 million to acquire 60% holding in famous Tibetan folk opera Jiuzhaigou County Ronzhong Erjia Cultural Productions.
Grand China Air increases its Hainan Airlines stake to 34.84%
03/06/2015|10:15:41 PM|
Grand China Air has purchased 595 million shares of Hainan Airlines for RMB1.898 billion from Hainan Development Holdings.
HNA Group makes US$65 million investment in Chang An Airlines
03/27/2015|3:41:09 PM|
The capital injection will help Chang An Airlines lower its asset-liability ratio while bolstering its regional and operational competitiveness.
Embracing the digital transformation in China’s travel market
03/25/2015|10:19:49 AM|
To gain a better position in this eco-system, airlines have to embracing the digital transformation to refine their business model as well as the way they deal with customers and partners.
Spring Airlines rides on lucrative international operation to challenge Air Asia
03/25/2015|9:08:53 AM|
Spring Airlines is set to increase its total capacity for international flights from 20% in 2014 to 30% this year, and Air Asia as its international operation expands.
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