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BMW Group acquires Chinese auto-leasing supplier Herald Leasing
11/13/2015|10:56:14 AM|
BMW Group announced it has acquired Chinese domestic car leasing supplier Herald Leasing.
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.
UCAR takes 5% of CAR Inc for US$210 million
10/13/2015|3:38:32 PM|
CAR Inc's main shareholder Grand Union will transfer 125.4 million of its CAR Inc shares to Youche Technology, at HK$13.5 per share for US$210 million.
Chinese visitors to Britain up 33% in Q2
10/23/2015|11:33:31 AM|
Great Britain’s efforts to attract more Chinese visitors paid off with visitor numbers between April and June this year up 33% y-o-y, according to official statistics.
Guangzhou becomes busiest city in the world for Uber
11/03/2015|7:28:47 PM|
Uber expects its turnover in China to exceed that of the US while Guangzhou has recently become Uber’s top city in the world in terms of booking volume.
Uber China boosts value to US8 billion as HNA Group joins its investor camp
10/10/2015|10:26:36 PM|
HNA Group has joined Uber China’s investors to help boost Uber China’s valuation to nearly US$8 billion, according to media reports.
Tripeasy raises US$4.7 million to complete service chain in Palau
11/09/2015|6:17:22 PM|
Guangzhou-based Tripeasy has received an A Series financing worth RMB30 million from Guangdong Culture Industry Investment and Tempus Global.
Didi-Kuaidi leverages investment partnerships in overseas strategy
11/09/2015|5:52:45 PM|
Unlike Uber, Didi-Kuaidi seeks to expand its global presence and influence by investing in Uber’s regional rivals like Lyft, Ola and Grabtaxi.
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