Search results for “tourism financing”
UTour revenue skyrockets by 98.4% in 2015
02/29/2016|11:25:34 PM|
The Chinese outbound travel and MICE services operator UTour reported 98.4% revenue growth for 2015, to RMB 8.366 billion, and operating profit also went up by 79.17% to RMB 259 million.
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:
Tempus Global to buy 52% holding of Jettour for RMB 52 million
01/06/2017|11:41:59 PM|
Tempus Global will acquire 52% holdings of outbound tour operator Jettour for RMB 32 million in cash and RMB 20 million in capital injection.
HNA subsidiary E-Life Financial to close 4-billion-yuan B round
09/19/2016|10:02:31 AM|
HNA Group’s financial arm is about to complete its series B round funding and raise more than RMB 4 billion in the round. This will put its value at around RMB 8 billion.
Ctrip acquires TangRen World to tap destination ground transport
01/03/2017|9:53:18 AM|
ChinaTravelNews learned from Ctrip that the company has acquired overseas chauffeur service provider TangRen World and will further improve its overseas ground transport management and quality control in the future.
OTA LY.com to invest US$233 million to enter the online financial sector
12/08/2015|10:01:12 PM|
Chinese OTA LY.com is entering the financial sector by launching a checking financial product, Tong Tong Bao, on December 18.
China investors splashed $9.25b on buying overseas hotels
11/15/2016|1:04:27 PM|
China’s investors have splashed USD 9.25 billion snapping up hotels and accommodation worldwide in 17 deals so far this year.
Tourism IT Fangcang raises almost US$10 million in Series A financing
05/13/2015|10:30:15 AM|
Fangcang has raised RMB60 million in a Series A financing, the third round of investment for Fangcang in two years.
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