Search results for “investment fund”
Wanda makes first OTA investment with US$577 million in LY.com
07/07/2015|5:00:07 PM|
Wanda Culture Industry Group has injected RMB3.58 billion in its first OTA investment - LY.com, as part of Wanda Tourism’s ‘online +’ O2O strategy.
Small-scale PMS Golden Swan gets US$1.6 million Pre-A financing
07/10/2015|10:07:18 AM|
“Our goal is to become the leader in the market of medium- and small-sized hotels in third- to sixth-tier cities within the next three years,” said CEO Lihua Xiao.
Overseas travel guide platform MDD World gets multi-million yuan angel investment
07/02/2015|10:01:10 AM|
Destination travel platform MDD World received a multi-million yuan angel investment from Shenzhen investors Innovalley and Innovation Angel Funds.
CAR Inc leads US$250 million investment in online car marketplace Youche
07/02/2015|3:43:55 PM|
CAR Inc has invested US$125 million to acquire half of the 5 million Series A preferred shares issued by Youche. CAR Inc now has a 10% stake in Youche.
Travel utility app There Travel raises US$1.9 million angel investment
07/13/2015|10:05:44 AM|
There Travel has received an angel investment of RMB12 million that it plans to use to fine-tune its products and develop the market, according to its CEO Ning Shi.
Ctrip fills war chest with offering of US$1 billion convertible senior notes
06/18/2015|8:29:08 AM|
Ctrip will offer up to US$1 billion in aggregate principal amount of senior notes convertible into Ctrip's ADS, each representing 0.25 of an ordinary share.
Power hungry Chinese car-hire apps turn a blind eye to driver scams
07/09/2015|10:08:44 AM|
As more drivers join a car hire platform, the platform will slowly gain leverage to shut down accounts of scamming drivers, thus reducing scamming.
Zouzhe Travel gets US$8.29 million in Series A financing to make DIY travel platform
06/18/2015|10:11:25 AM|
Zouzhe Travel received RMB51.46 million in the what is said to be the largest Series A funding yet for any Chinese destination travel service company.
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