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Search results for “valuation”
Airbnb doubles revenue to $1 billion in Q3, eyeing IPO next year
11/15/2017
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6:44:36 PM
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Airbnb first became profitable during the second half of 2016. Airbnb Chief Executive Officer Brian Chesky has said his company would be ready to file for an IPO next year.
Travel industry ad wars hurting Expedia, Priceline and TripAdvisor stocks
11/07/2017
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4:46:10 PM
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Expedia, TripAdvisor and Priceline have seen shares dip after third-quarter earnings reports, in part because the companies seem to be planning an increase in advertising spending.
Bain looking to buy $500 million seaplane operator in the Maldives
11/06/2017
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11:46:42 AM
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Bain Capital LP is in the final stages of bidding for Blackstone Group LP’s seaplane operator in the Maldives, according to people familiar with the matter.
Mobike, Ofo in talks to merge China's biggest bike-sharing startups
10/09/2017
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11:38:31 AM
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Mobike and Ofo are in early talks to push China’s two largest bike-sharing startups into a merger, aimed at ending a costly competitive battle and creating a single dominant player in the business.
UCAR to acquire 14.54% of CAR Inc. for RMB 1.917 billion
10/30/2017
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10:50:08 AM
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China’s chauffeured car service provider UCAR announced its plan to buy 318 million shares of CAR Inc., a provider of car rental services, for HK$ 2.262 billion (RMB 1.917 billion).
Tencent-backed Meituan close to $3 billion-plus funding
09/28/2017
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9:18:55 AM
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Meituan Dianping, China’s largest group-buying and restaurant reviews service, is said to be close to finalizing a deal to raise at least $3 billion from investors including Capital Group and Tencent.
Meituan-Dianping gets $4 billion funding, backed by Tencent, Priceline
10/19/2017
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1:45:41 PM
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China’s local service platform Meituan-Dianping has received USD 4 billion investment, backed by Tencent and The Priceline Group. It is valued at USD 30 billion after the financing.
China leads the world in internet market
09/15/2017
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5:22:41 PM
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China pioneers the world in internet development, as the growth of its netizens and the amount of internet consumption both top the corresponding rate in other nations, a new industry report said.
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