Search results for “second-tier cities”
Luxury lifestyle platform YHouse raises US$18 million
09/22/2015|6:47:36 AM|
Luxury lifestyle online community YHouse has received funding of RMB120 million (approx: US$18.8 million) in its B Series financing round.
Uber gets 1 billion dollar investment from Baidu and other investors
08/28/2015|6:06:57 PM|
Uber China has recently received a venture capital of one billion US dollars from investors, among them China’s largest search engine Baidu and China CITIC Bank.
Huazhu Hotels reports 85% occupancy and 207 new hotels in Q2 2015 report
08/18/2015|10:31:38 AM|
China Lodging Group added 207 hotels had 85.8% occupancy rate while net revenues increased 16.9% to RMB1.46 billion in Q2 2015.
Dark horse Meituan overtakes Qunar with 33 million hotel room night sales
08/06/2015|4:33:02 PM|
After leveraging massive investment to capture first place in the lifestyle service segment, Meituan is eager to take down top OTA player for hotel bookings.
Hainan Airlines shareholders get 231.92% y-o-y hike in earnings on shares in Q2
08/14/2015|2:59:07 PM|
Hainan Airlines has recorded 1.602 billion in net profits attributable to its shareholders in the first half of the year, representing an increase of 231.92% y-o-y.
Small-scale PMS Golden Swan gets US$1.6 million Pre-A financing
07/10/2015|10:07:18 AM|
“Our goal is to become the leader in the market of medium- and small-sized hotels in third- to sixth-tier cities within the next three years,” said CEO Lihua Xiao.
Plateno Group aims to have 4,500 7Days hotels by 2018
06/05/2015|9:56:21 AM|
Plateno Group will expand the coverage of its 7Days Inn brand to 4,500 hotels of the brand in all Chinese cities and towns in three years.
CTS and Mangocity merge for O2O integration
06/24/2015|11:54:10 AM|
HKCTS Group has merged its subsidiary CTS with OTA Mangocity with CEO Jinling Li , indicating that HKCTS is taking a big leap towards O2O integration.
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