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Search results for “wholesaler”
Tour operator groups post revenue upsurge buoyed by outbound growth
04/28/2017
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1:54:02 PM
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Chinese tour operator giant Utour Group recorded operating revenue of RMB 10.1 billion in 2016, up 20.71% YoY, while peer HNA-Caissa’s operating revenue of the year grew 34.48% to RMB 6.64 billion.
CYTS Tours’ net profit rises 63.83% in 2016
04/25/2017
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1:32:41 PM
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Chinese tour operator group CYTS Tours recorded RMB 10.33 billion operating revenue in 2016, a 2.36% drop from a year before. Net profit grew 63.83% YoY to RMB 484 million in the year.
Flight Centre acquires 24.1% interest in Argentina’s Bibam
04/12/2017
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8:09:50 PM
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Flight Centre had acquired a 24.1% interest in Bibam to strengthen its global e-commerce presence and capabilities.
Outbound agency Phoenix Travel invests in Australian tour operator
04/11/2017
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1:33:25 PM
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Chinese outbound travel agency Phoenix Travel announced that it has made a strategic investment in Grandcity Travel, an Australia-registered firm with local bus fleets and Chinese-speaking tour guides.
Hotel distribution firm HaoQiao raises RMB 120 million
02/21/2017
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1:35:35 PM
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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.
DerbySoft CEO talks about evolution of GDN
02/22/2017
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4:28:11 PM
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In the world of fast moving technology, people take for granted how easy it is to plan and book travel itineraries for flights, hotels and more. It’s illuminating to reflect on how far the industry has come in just a few years.
UTour drops planned 2.6-billion-yuan takeover of HuaYuan
02/06/2017
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9:47:42 AM
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Outbound tour operator UTour announced on February 2 that it has decided to pull the plug on the plan of fully acquiring HuaYuan travel agency for RMB 2.6 billion, “due to policy changes.”
B2B tour bidding platform Z Guanjia gets angel investment
10/14/2015
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2:17:04 PM
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B2B travel platform Z Guanjia recently announced it received an angel investment of RMB1 million from Zero2IPO Group’s chairman Gavin Ni.
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