Search results for “strategic investment”
Priceline reports 150 million room nights booked in Q3
11/07/2016|7:20:32 AM|
Priceline Group‘s third quarter gross travel bookings were USD 18.5 billion, up by 25% YoY. International operations contributed gross profit of USD 3.3 billion, up by 25%.
Caissa Tourist net income grows 35.98% in Q3 2016
11/03/2016|11:09:00 AM|
Caissa Tourist’s operating revenue rose 23.45% to RMB 2.428 billion in the third quarter of 2016. Net income climbed 35.98% to RMB 179 million.
Tuniu counts on blend of brand strength, scale and operating leverage
08/29/2016|6:15:55 PM|
Sustaining growth rate has remained Tuniu’s major forte, but can cost control, association with HNA and the GMV of travel products uplift the overall margin going forward?
Tujia to acquire homestay business of Ctrip and Qunar
10/24/2016|7:31:12 PM|
Vacation rental platform Tujia announced on October 20 a strategic agreement to acquire the apartment and house rental operation of China’s OTAs Ctrip and Qunar.
Deals Roundup: Travel finance has a long way to go
09/24/2016|9:26:13 AM|
A look at potential development of travel finance for consumers and suppliers, and a roundup of financing deals in travel industry:
Ctrip invests in boutique chain Jiuqi Inns
09/22/2016|10:11:40 AM|
Boutique inn chain Jiuqi has received a strategic investment from Ctrip. This marks the OTA giant's dipping in China’s inn brands for the first time.
Meituan-Dianping acquires payment license holder QianDaiBao
09/28/2016|10:27:05 AM|
Meituan-Dianping announced that the company has acquired third-party payment company QianDaiBao.
Online apartment service provider mamahome completes A-round funding
09/14/2016|9:26:39 AM|
Shanghai-based online apartment service provider mamahome announced on September 6 it has completed its A-round funding, with City Developments Limited making a strategic investment in the company.
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