Search results for “funding”
Huatian Hotels gets cash windfall from private investors
01/05/2015|6:30:45 PM|
Huatian Hotels intended to issue only 150 million shares to raise RMB600 million, but Huaxin Turbine offered RMB1.653 billion in cash for 29.44% equity.
Qunar vies for market share with startups in open platform scheme
01/05/2015|2:50:43 PM|
Qunar is aggressively recruiting startups in a bid to counter strong competition and secure a corner on the market.
China Lodging Group sharpens portfolio strategy, targets network expansion
01/04/2015|2:56:49 PM|
ChinaTravelNews assesses how China Lodging Group is planning to strengthen its network as well as direct sales capability, which currently accounts for 90% of its bookings.
Tencent leads US$50 million investment in Breadtrip
12/23/2014|10:02:02 AM|
Breadtrip raised US$50 million in its round C financing, Tencent led the investment , joined by Fidelity Growth Partners Asia and China Broadband.
Wanda CEO marks Disney but not Jack Ma as competition
12/23/2014|10:00:35 AM|
Dalian Wanda Group CEO Jianlin Wang talks about Wanda Commercial Properties HKSE IPO and future plans for Wanda Group.
Lvyouquan raises RMB120 million
12/11/2014|11:17:36 AM|
Shanghai-based Pipikou.com recently announced its B2B platform Lvyouquan successfully raised RMB120 million in its latest round of financing.
Baojia Car Rental raises US$30 million in Series A financing
12/10/2014|11:36:02 AM|
Baojia Car Rental announced on December 9 that it had raised US$30 million in its round A financing from leading investors including Pingan Ventures and Qiming Venture Partners.
Chinese secondary airports to get RMB1.2 billion in subsidies
12/09/2014|11:12:51 AM|
Secondary airports have drawn widespread criticism for incurring huge losses of up to 80% some also faced the embarrassment of having more staff than passengers.
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