Search results for “strategic investment”
China Southern increases holding in Xiamen Air by 4% for US$97 million
12/09/2015|6:12:22 PM|
China Southern Airlines has made a deal to take an additional 4% holding of Xiamen Air from the other Xiamen Air shareholder, Xiamen C&D Corp, for RMB627 million.
Baidu gets more seats on Qunar's board to strengthen alliance
09/11/2015|3:29:41 PM|
Qunar announced it has expanded its Board of Directors from seven to nine seats, and has appointed Liang Zeng, Yuming He, and Fang Wei from Baidu as directors.
Hilton aims for China’s untapped mid-range hotel market with 400 planned openings
11/30/2015|12:31:03 AM|
Hilton plans to open 400 over the next 10 years and increase the number of its Hilton Garden Inns in the China.
Ctrip mulling Tuniu acquisition to launch and list JV
11/20/2015|5:32:36 PM|
Ctrip is said to be considering integrating its new leisure travel business unit with Tuniu and may even list it as an independent entity.
Didi Kuaidi and Lyft link platform data
11/05/2015|10:03:59 AM|
Next year, Chinese will be able to hail a Lyft ride on the Didi-Kuaidi app while Americans can use the Lyft app to book a ride with Didi-Kuaidi in China.
Huazhu Hotels's gets a hand in in Homeinns with 5% acquisition for US$68 million
11/13/2015|10:45:19 AM|
Huazhu Hotels acquired a 5% stake in Homeinns for RMB435 million to inflate Homeinns's share price and thus push up the price of its proposed privatization.
EVA Air turns to Travelport for its business intelligence solution
11/12/2015|3:54:17 PM|
Travelport announces that Taiwan's EVA Air has selected its Airline Insight business intelligence and reporting solution.
Mind Education raises B Series and announces plans to list on New Third Board
11/11/2015|2:46:35 PM|
Beijing Century Mind Education, announced it completed a B Series financing worth an estimated one billion RMB. Ctrip had invested in its previous financing round.
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