Search results for “travel finance”
Expedia gross bookings grow 14% in Q1 2017
04/28/2017|7:09:34 AM|
Expedia reported gross bookings of USD 2.9 billion in the first quarter of 2017. Revenue increased 15% YoY to USD 2.2 billion, of which Trivago took up USD 286 million, a 62% rise from a year ago.
HNA’s E-Life Financial receives RMB 1.9 billion in B+ round
12/30/2016|4:45:21 PM|
HNA subsidiary E-Life Financial raised RMB 1.9 billion in its B+ round after it closed its 4-billion-yuan B round last October. The deals boost the company‘s value to above the earlier projected RMB 8 billion.
SEC report: HNA Group owns 26.5% stake in Tuniu
04/18/2017|6:39:51 PM|
A recent SEC filing shows that HNA holds a 26.5% stake in Tuniu and JD.com controls a 20.6% stake in the company, as of March 31, 2017.
Ctrip funds consumer finance company ShangCheng
11/29/2016|9:32:52 AM|
Ctrip has joined a group of investors including Bank of Shanghai to set up ShangCheng Consumer Finance. The bank has finance expertise while the OTA can contribute online data.
Elite corporate travel online club Flytea raises A Series financing
09/02/2015|6:23:18 PM|
Flyertea, which provides corporate travelers hotel, flight and credit card information and travel solutions, received an A Series investment from Stone Capital.
Hotel conglomerate LN Holdings’ 2016 net profit drops 21.96% to 30.61 million yuan
03/23/2017|11:05:06 AM|
LN Holdings reported operating revenue of RMB 303 million in 2016, down by 0.99% YoY. Net profit dropped 21.96% to RMB 30.61 million during the time.
Ctrip's net revenues surge 76% in 2016
02/23/2017|7:36:07 PM|
Ctrip reported net revenues of USD 2.8 billion in full year 2016, representing a 76% increase YoY. Accommodation reservation revenues rose 58% to USD 1.1 billion, accounting for 37% of the total revenues.
Hotel distribution firm HaoQiao raises RMB 120 million
02/21/2017|1:35:35 PM|
International hotel distribution company HaoQiao.cn announced that it has received RMB 120 million in its latest round backed by National Small- and Medium-sized Enterprises Fund and China Merchants Capital.
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40% of China-Japan flights slashed: where is the capacity shifting?

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