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Search results for “valuation”
Chauffeured war heating up as Didi set to complete another financing round
04/11/2016
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4:29:02 PM
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Not long after Uber expressed confidence in turning a profit in China within two years, its arch rival Didi Chuxing is to close yet another round of funding, with UCAR-linked Alibaba among the investors
Mofang Apartment reportedly completes C round with USD 300 million
04/11/2016
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8:29:52 AM
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Long-stay rental platform Mofang Apartment has raised USD 300 million in its series C round financing led by AVIC Trust, according to a WeChat Official Account named Fang Dong Dong on April 7
Tension between South Korea and China is hurting tourism
03/07/2016
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6:35:25 AM
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South Korean consumer shares are now among the nation’s worst performers this year as a missile spat cools the relations with China.
HotelPlanner acquires Hotel Hotline, pushes ticket-plus-hotel packages
03/30/2016
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10:25:33 AM
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HotelPlanner, which specializes in group travel for meetings, sporting events and weddings, will acquire Hotel Hotline, a booking site. Aimed at individual bookings, HotelPlanner launched its newest technology - flexible event packaging, which enables an event organizer to customize a package “in real-time” to mix event tickets, such as for a sports event, with their choice of hundreds of hotels and room types.
Hopper raises $16 million and reports flights app strength
03/29/2016
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11:51:47 AM
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Travel search startup Hopper has raised $16 million, in an investment round led by BDC Capital IT Venture Fund. Since the start of 2015, it has launched flight booking apps for Apple and Android that also tell consumers when is the best time to buy with a claimed 95% accuracy.
HNA-Caissa-led consortium to acquire 43.88% of FlightManager for RMB 933 million
03/25/2016
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10:16:44 PM
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A consortium led by HNA-Caissa and Caissa Sega, along with CAAC Private Equity Fund and Beijing CAAC HeYuan Investment, plans to invest RMB 933 million to acquire 43.88% shares of Shenzhen Huoli Tianhui Technology, the parent company of flight management App FlightManager.
Alibaba completes surprising investment in UCAR with a 10% stake
03/24/2016
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5:08:53 PM
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Alibaba is said to have completed its investment in B2C chauffeured service UCAR, splashing out RMB 3 billion in exchange for nearly 10% of UCAR’s shares.
Chinese investors in US hotels pursue core-at-any-cost plan
03/23/2016
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11:08:12 AM
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prudently underwritten, low-risk commercial real estate loans
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