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Search results for “fundrasing”
Didi Chuxing to take over troubled bike-sharing startup
01/03/2018
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9:40:44 AM
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Chinese ride-hailing giant Didi Chuxing has agreed to acquire cash-strapped bike-sharing startup Blugogo to further expand its business footprint, sources close to the matter told Caixin.
ChinaTravelNews Briefing: Booking’s reinvention, Mafengwo’s funding and more
12/25/2017
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3:07:29 PM
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We join the dots of the events that took place in the past two weeks to offer insights into the Chinese tourists, travel startup funding rounds, major OTAs and internet giants’ technology solutions in China.
A tours and activities perspective on 2017 and the coming year
12/25/2017
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11:16:27 AM
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Currently, less than 25% of the experience sector, estimated at $130 billion worldwide, is digitized.
AI provider Babel Technology raises $4.5 million, valued at $45 million
12/22/2017
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2:06:27 PM
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Babel Technology, a high-tech company that aims at providing interpretation across languages with artificial intelligence, has raised RMB 30 million (around $4.5 million).
China’s Didi in talks to buy Brazil’s 99, threatening Uber
12/22/2017
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12:57:47 PM
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Chinese ride-hailing giant Didi Chuxing is in talks to buy a majority stake in Brazilian ride hailing app 99, according to a person familiar with the talks. The deal threaten Uber if completed.
Fosun to list tourism business in $500 million-plus IPO
12/08/2017
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3:31:29 PM
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Chinese conglomerate Fosun International is in talks with investment banks to list its tourism business to raise at least $500 million, according to people familiar with the situation.
B&B booking platform Qmango sets up ¥500 million B&B investment fund
12/08/2017
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9:13:30 AM
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Chinese B&B booking platform Qmango has completed a new round of financing, and subsequently set up a RMB 500 million investment fund for B&B management companies and other related business.
Tencent-backed Meituan close to $3 billion-plus funding
09/28/2017
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9:18:55 AM
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Meituan Dianping, China’s largest group-buying and restaurant reviews service, is said to be close to finalizing a deal to raise at least $3 billion from investors including Capital Group and Tencent.
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