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Search results for “monopoly”
Merger speculations ruled out for China’s top carriers
07/31/2015
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8:56:34 PM
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Rumors of a merger of China’s top three carriers were laid to rest but the industry continues to speculate the carriers may consolidate their air cargo operations.
Getting ready for a deregulated travel market in China
08/19/2015
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10:49:24 PM
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Travelport is preparing itself for full deregulation in the Chinese distribution market. The company believes it can play an integral role in shaping up the future of travel ecommerce in China.
Didi-Kuaidi raise $2 billion despite Chinese market turmoil
07/09/2015
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10:09:06 AM
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Didi Kuaidi, the leading taxi app business in China and Uber China rival, has raised $2 billion from existing and new investors, giving it a warchest of some $3.5 billion.
Jetstar Hong Kong block a major victory for local carriers
07/01/2015
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12:41:38 PM
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Jetstar Hong Kong failed to meet requirements defined by the Basic Law in regards to Hong Kong as its principal place of business.
Only Travelport settles class action antitrust lawsuit against GDS gaints
11/28/2017
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2:52:44 PM
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The three GDS giants were charged of market monopoly by 21 consumers two years ago. Travelport has reached a settlement agreement, but Sabre and Amadeus still remain defendants.
Ctrip denies Qunar merger rumors
05/07/2015
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11:00:51 AM
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Travel website Ctrip.com International on Monday denied market rumors that it is close to completing a merger deal with its rival Qunar.com.
Bus ride platform DuduBus raises US$1.0 million in Pre A financing round
06/29/2015
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2:59:00 PM
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Shenzhen-based online bus charter platform, DuduBus announced it received Pre A round financing of RMB12 million from Susino Umbrella and K2 Ventures.
Uber and Yongche reportedly mull merger
03/12/2015
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2:47:45 PM
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Uber and Yongche are said to be discussing a possible partnership in a struggle to survive in the Chinese taxi app market.
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