Search results for “regulator”
UCAR raises US$550 million boosting market valuation to US$3.55 billion
09/17/2015|8:59:07 AM|
CAR Inc. has announced that it is forking out US$50 million to take part in UCAR Group’s Series B financing. The financing round generated a total of US$550 million for UCAR, the operator of CAR Inc’s UCAR chauffeurerd service.
China’s online travel industry grew 38.9% in 2014
10/09/2015|10:28:37 PM|
The scale of transactions in China’s online travel industry reached RMB307.79 billion in 2014, up 38.9% from the previous year.
Uber invests US$991 million in China and joins the Shanghai Free Trade Zone
10/08/2015|10:42:21 PM|
Uber is setting up in the Shanghai Experimental Free Trade Zone by incorporating Shanghai Wubo Info Techn with registered capital of RMB2.1 billion.
CNTA lifts regional restrictions on tour operator’s service networks
09/29/2015|10:39:51 AM|
CNTA is giving tour companies a free rein to set up as many service points as they like in any number of cities within the province and cities where they are based.
Shanghai Transport Authority slaps RMB100,000 fines on Uber and Yongche
09/28/2015|10:47:05 AM|
Shanghai Transportation Commission has issued Uber and Yongchewith a RMB100,000 fine each last week which neither car-hire apps have paid yet.
Camping startup Eluying raises RMB10 million
09/14/2015|11:00:30 PM|
Mobile overseas living platform Eluying revealed that the company has completed the due process for the Pre-A round of investment, totaling RMB10 million from Avior Capital and Initial VC.
Uber pours capital into Uber China while Didi-Kuaidi and allies plot war
09/02/2015|6:01:59 PM|
Didi-Kuaidi is plotting with Tencent’s CEO “Pony” Huateng Ma and Alibaba’s chairman Jack Ma on how to take down its aggressively expanding rival- Uber.
Getting ready for a deregulated travel market in China
08/19/2015|10:49:24 PM|
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.
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