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Search results for “venture capital”
Back to the future: lessons for the travel sector from China
04/21/2020
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10:52:24 AM
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The travel industry may gradually return to normalcy, but the landscape will look quite different.
Venture capital investments in travel tech could hit record highs in 2018
03/29/2018
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12:52:49 PM
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In 2017, 70% of global venture capital funding went to companies based in China and India, while just 23% went to companies based in the United States and 3% to Europe.
Klook buys car rental firm; Chinese airlines confident of ‘triumph’ | Daily Brief
04/02/2020
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11:56:53 PM
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Global mobile payment solution provider Ksher said it has secured millions of US dollars; China’s airlines see only a short-term hit from the coronavirus outbreak.
Travel e-commerce portal Ksher plans more fundraising this year after recent round
04/02/2020
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3:08:01 PM
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Ksher has expanded to 13 countries and increased its annual turnover from USD 1 million to USD 1 billion.
Chinese corporate expense management startup secures $36 million
03/12/2020
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4:41:54 PM
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Fenbeitong claims to have served over 1,000 medium and large-sized domestic enterprises.
Alibaba invests in Israeli travel tech firm Hotelmize
04/01/2020
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6:12:14 PM
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The Israel-based company is establishing its APAC headquarters in Hong Kong as a gateway to APAC and China.
Activities booking unicorn Klook acquires car rental firm Huizhuche
04/02/2020
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3:26:04 PM
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A source told ChinaTravelNews that Klook spent less than USD 10 million in its acquisition of Huizhuche, a price tag much lower than the car rental firm's claimed value after its series B round.
US regulator triggered by HNA revamp; OYO’s Chinese rivals merge | Daily Brief
03/12/2020
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12:11:00 AM
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Cathay Pacific expects "substantial" loss in the first half of the year; Tokyo Disney extended shutdown to April.
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