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Search results for “merger”
Chinese bike-sharing merger HelloBike scoops $350 million
12/04/2017
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4:48:44 PM
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HelloBike has completed a USD 350 million D1 round of financing, and it has led the growth in bike-sharing in second- and third- tier cities.
Lawsuit challenges Barry Diller’s future control of Expedia
07/24/2019
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8:39:31 PM
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The lawsuit would have the court block Diller’s ability to convert common stock into Class B shares, or remove the 10 votes per share that come with each of these Class B shares.
Private equity firm Accel-KKR’s latest fix: hotel enterprise software
09/03/2019
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6:38:01 PM
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Combining many services might lead to significant profits years from now when Accel-KKR cashes out. It may want to sell a rollup to a platform giant like Amadeus, Oracle, and Sabre.
What's driving Tongcheng-Elong's impressive growth in China?
08/28/2019
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12:20:07 PM
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The online travel company has judiciously capitalized on its association with Tencent, and believes it is primed for sustaining its growth in the future.
Why Skyscanner is closing its stand-alone local recommendations App
08/14/2019
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6:01:32 PM
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Skyscanner has faced a challenge in collecting reviews and it hopes to help travelers looking for inspiration or destination research through one-stop offerings.
China’s cutthroat bike-sharing industry sees its first merger
10/26/2017
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9:37:25 AM
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Two Chinese bike-sharing startups have announced their merger – the first in China to do so – signalling new competition to unicorns Mobike and Ofo, the two market leaders.
Parent Huatian pours USD310 million into China's first private airline Okay Airways
07/26/2019
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1:20:39 PM
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Yuanfu Changshuo Equity Investment Partnership and Qianhai Qiushi Investment Holding poured over CNY3 billion into Huatian Investment, and CNY2.1 billion of the sum went to Okay Airways.
Ebix to acquire Indian online travel agency Yatra for $337.8M
07/18/2019
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1:15:46 PM
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The acquisition of Yatra would lend itself to significant synergies and the emergence of EbixCash as India’s largest and most profitable travel services company.
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