Search results for “invest”
Jilin to build China's first world-class ski resort complex
12/27/2017|3:20:12 PM|
Baishan city in northeast China's Jilin province, relying on its unique snow-ice resources, aims to become a global high-end snow-ice tourism destination by building a world-class ski resort complex.
Travel site Lvmama’s parent Joyu Culture Media secures another $402 million
12/27/2017|12:39:55 PM|
Joyu Culture Media has raised $402 million in its latest financing after the September round. The latest round is completed through a third-party limited partnership acquired by Fullshare Holdings.
UTour makes strategic investment in Yunnan outbound travel agency Joyer’s Journey
05/26/2016|10:05:44 AM|
Chinese outbound travel operator UTour has entered into a strategic investment agreement with Yunnan outbound travel agency Joyer’s Journey (“卓越之旅”) to expand its outbound travel retailing market in Yunnan province.
Accor CEO: Chinese tourists look beyond APAC, changing global hospitality
12/21/2017|3:10:33 PM|
"Accor probably is making more profit as an investor in China Lodging than we could have made by remaining independent for the next 50 years", said Sebastien Bazin, Chairman and CEO of AccorHotels.
Ctrip-backed CME to buy 35% stake in Mind Letu for RMB 16.7 million
12/20/2017|9:25:44 AM|
Mind Letu will be transformed after the acquisition to create synergy in the demand-supply chain of research and study trips and customer acquisition channels so as to enhance its competitiveness.
Smart riding brand SpeedX raises RMB 150 million
11/18/2016|3:58:44 PM|
Beijing-based smart cycling brand SpeedX announced its entry into bike-sharing sector, and an independent brand Bluegogo would be created to help the company expand the market. Meanwhile, SpeedX revealed it has raised RMB 150 million in its series B round.
Ctrip becomes China Eastern’s fifth largest shareholder after RMB 3 bn investment
07/06/2016|10:05:19 AM|
China Eastern Airlines has raised RMB 8.548 billion in a private placement and Ctrip has become the carrier’s fifth largest stakeholder after taking 3.22% for RMB 3 billion.
China’s tourism investments grow 42% in 2015
05/17/2016|9:39:47 AM|
Tourism-related investments in China last year topped RMB1.0072 trillion, up 42%, according to CNTA.
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