Search results for “funding”
Breaking News: Jin Jiang to acquire 80% of Vienna Hotels for US$289 million
08/07/2015|4:28:47 PM|
Chinese hotel group Jin Jiang Hotels Group has invested RMB1.8 billion on August 6 for an 80% stake in the mid-range the Vienna Hotel Group and its restaurants.
DerbySoft Confirms $9 Million Funding from DCM
04/08/2014|11:01:29 PM|
DerbySoft Inc. today announced that it received $9 million in Series D funding from technology-focused venture capital firm DCM through the new DCM Ventures China Fund.
Qunar reports US$142 million revenue and 145.2% more hotel room sales in Q2 2015
08/25/2015|8:50:56 AM|
"Qunar's y-o-y rev growth reached 120% in Q2, the 5th consecutive quarter of over 100% growth," said Qunar CEO Chenchao (CC) Zhuang,
Breaking News: Ctrip sets up overseas hotel investment platform
07/17/2015|9:42:54 PM|
Ctrip is joining hands with Huiyu Asset Management and Singapore-based F&H Group to form a fund management platform, Xieling Investment.
Merger speculations ruled out for China’s top carriers
07/31/2015|8:56:34 PM|
Rumors of a merger of China’s top three carriers were laid to rest but the industry continues to speculate the carriers may consolidate their air cargo operations.
Weekend trip platform Duzhoumo raises US$20 million
07/27/2015|2:36:17 PM|
Duzhoumo has received funding of US$20 million in the A Series financing round. The investment is led by Legend Capital and participated by Banyan Capital.
Air China to buy 15 B787s after US$1.9 billion private offering
07/29/2015|9:00:44 PM|
Air China said the private offering will be to buy 15 Boeing B787 aircraft, upgrade its direct sales ecommerce operations, onboard Wi-Fi and cash reserves.
Hainan Airlines shareholders get 231.92% y-o-y hike in earnings on shares in Q2
08/14/2015|2:59:07 PM|
Hainan Airlines has recorded 1.602 billion in net profits attributable to its shareholders in the first half of the year, representing an increase of 231.92% y-o-y.
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