Search results for “invest”
eHi boosts car share service while UCAR beefs up car dealing platform as authorities give go ahead to car share concept
06/07/2017|7:36:52 PM|
eHi Car Sevices reported 33% increase in first quarter income, boosted by car rental and car services, while UCAR aims to raise $2 billion for its e platform for car dealing.
OTA LY.com to invest US$233 million to enter the online financial sector
12/08/2015|10:01:12 PM|
Chinese OTA LY.com is entering the financial sector by launching a checking financial product, Tong Tong Bao, on December 18.
Panoramic photography startup WeiPano Beta gets US$7.8 million investment
12/07/2015|5:58:17 PM|
Weijing Tianxia, a developer of 360-degree panoramic photography technology, has raised RMB50 million in funding to further develop its niche in the tourism industry.
Emei Mountain Tourism invests US$3 million to set up smart tourism subsidiary
12/07/2015|5:50:47 PM|
Emei Mountain Tourism will set up a wholly-owned subsidiary Emei Mountain Global Smart Tourism Cultural Co, with registered capital of RMB20 million.
Ctrip net revenues climb 46% in Q1 2017
05/11/2017|8:06:51 AM|
Ctrip's transportation ticketing revenues in first quarter of 2017 rose 48% to USD 418 million after consolidating Skyscanner results for first time. The same revenues in Q1 2016 grew 106% YoY.
Lawsuit files against Priceline Group over Momondo deal
06/02/2017|6:40:09 PM|
Priceline has been accused of “fraud in its absolute purest form” relating to its acquisition of Momondo.
Tuniu cuts net loss to 41.7 million dollars in Q1 2017
05/26/2017|9:40:33 PM|
Tuniu trimmed its net loss to RMB 287.4 million (USD 41.7 million) in Q1 2017 from RMB 538.5 million in Q1 2016 by "improving operational efficiency and realizing economies of scale."
Uber China to invest US$985 million for expansion and new carpool service
11/27/2015|3:25:02 PM|
China has completed a B Series financing from investors including Baidu, China Taiping Insurance and Hainan Airlines.
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