Search results for “loan”
Hellobike raises $700 million round from Ant Financial and Fosun
The new round in Hellobike strengthens Alibaba’s position competing for more market share in this fast-evolving sector.
HNA execs buy stock in Avolon parent, with shares in Rezidor pledged
HNA Tourism has entered into a loan agreement with a lender, under which 10,600,000 of HNA Tourism's shares in Rezidor have been pledged as security for the loan, and executives at HNA Group are planning to buy more shares in Avolon's immediate parent.
HNA may be starting to rethink its airport investment plans
HNA, having played around the sector for the best part of a decade, is finding out the hard way that airport investment is perhaps a riskier business generally than it envisaged.
Jin Jiang Hotels secures RMB 4.92 billion loan for overseas acquisitions
Jin Jiang Hotels has been granted a loan of RMB 4.92 billion by the Export-Import Bank of China’s branch in Shanghai as the travel company is planning further acquisitions overseas.
Alipay and WeChat Pay could be affected by PBOC’s QR code standards
China’s central bank, the People’s Bank of China, has announced plans to regulate the country’s QR code payment system to tackle risks and its limited competition.
UCAR looks to take on Didi with inclusive car services
Beijing-based UCAR Inc is setting up a comprehensive car service platform as part of a strategic upgrade, hoping to better compete with other market leaders such as Didi Chuxing.
Phocuswright announces next generation of travel innovators
At this year's conference, 34 travel startups offered innovative applications and solutions on payment, disruption, destination services, loyalty, ancillary and more.
China Lodging offers $425m convertible notes, partly for minority investment
Hotel giant plans to raise $425 million through convertible senior notes, partly to repay loans borrowed to "make investments in minority equity interests" in industry-related or complementary businesses.
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