Search results for “invest”
Theme park group Fantawild posts 711 million yuan net profit in 2016
03/29/2017|11:14:30 AM|
Theme park operator Fantawild reported that operating revenue from its cultural and technological parks climbed 33.51% to RMB 1.77 billion in 2016, accounting for a dominant 91.03% share of the company’s total income in the year.
BTG Hotels invests US$3.5 million for country resort and ecommerce subsidiaries
09/29/2015|10:39:37 AM|
BTG Hotels is investing RMB22.5 million in the joint venture BTG Lohas Cultural Tourism and its wholly-owned subsidiary BTG Ecommerce.
Outdoor sports platform Lis99 receives US$1.5 million angel investment
09/29/2015|11:30:13 AM|
Mobile online platform for outdoor sports Lis99 has received an angel investment of almost RMB10 million to develop products and market operations in April.
Utour jointly invests in US$322 million outbound tourism investment fund
08/10/2015|4:09:13 PM|
Utour will invest in a 10% stake in JV tourism investment company Tianjin Youtou Jinding Investment.
Meituan-Dianping announces 3-billion-yuan fund for consumer sector
02/22/2017|11:47:29 AM|
Meituan-Dianping kick-started an industrial fund, targeting to invest RMB 3 billion in the consumer sector. The funding sources include Meituan-Dianping, Tencent and New Hope Group.
Shouqi Car Rental buys 40% stake of Reo Car Rental
02/16/2016|11:01:04 AM|
Shouqi Car Rental has acquired a 40% stake of Reo Car Rental and become the latter’s largest shareholder. The move helps further its game plan in the domestic car rental market.
Zhubaijai gets US$78 million strategic investment from HNA Group
09/24/2015|10:49:08 AM|
HNA Group is making a strategic investment in the Series C financing round of Chinese overseas rental platform Zhubaijia.
Europe gears up to capitalize on prowess of China as a source market
02/22/2017|10:35:49 AM|
The European Union is preparing activities for the forthcoming EU-China Tourism Year. The decision to christen Europe as the first partner destination for the ITB China event is such initiative.
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