Search results for “report”
Chinese car rental firm eHi enters into definitive merger deal
04/06/2018|11:01:52 PM|
Teamsport Parent will acquire eHi in a deal that values eHi at USD 937.5 million. Ctrip held a 14% equity interest in eHi as of 2016 with aggregated investment cost of USD 107 million.
Meituan-Dianping reportedly mulls hotel unit spin-off for independent financing
08/25/2016|10:49:10 AM|
Meituan-Dianping would have to spin off its hotel business as the company was expected to run out the 3.3 billion dollars raised in its series E round within 1.5 years.
ChinaTravelNews Briefing: Mobile payment, blockchain and destination services
03/12/2018|1:55:59 PM|
For the last fortnight, latest tourism statistics underlined China’s position as a vital source market, and fresh funding flowed into China's blockchain travel and destination service startups.
ChinaTravelNews Briefing: Ctrip ends cruise venture, China merges culture-travel offices
03/24/2018|9:55:47 AM|
Ctrip, Royal Caribbean Cruises announced to end their joint venture; China planned to merge culture and tourism authorities; Tujia hoped to work with Airbnb; and B&B and e-guide startups raised capital.
Smart tour guide operator Lvji brings in 120 million yuan in B round
03/21/2018|9:01:07 AM|
Smart tour guide operator Lvji has received 120 million yuan in financing, which will be used to integrate resources.
ChinaTravelNews Briefing: Alibaba, Ctrip, statistics & forecasts, acquisitions & investments
02/11/2018|10:17:01 AM|
Alibaba’s Fliggy, Ctrip, Tongcheng-eLong and TravelFlan had new moves in the market, tourism statistics provided an update on China’s tourism performance, and acquisitions & investments had been made.
Outbound driver-guide platform Hi Guides receives $50 million
03/01/2018|2:55:43 PM|
The current funding will be deployed for brand building, manpower development and resource distribution at destinations.
Chinese tourists contribute over one-fifth to global outbound spending
02/27/2018|9:04:38 AM|
In the next decade, about one-fourth of global employment is expected to emerge in the travel industry, with Chinese tourism being the major driving force.
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