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Macau Airport’s annual revenue rises 6.6% in 2014
04/02/2015|9:46:07 AM|
Macau Airport recorded 6.6% growth in annual revenue totaled more than MOP4.38 billion CAM achieved 21.1% y-o-y growth in gross revenue 2014.
CAR Inc claims it will lead the chauffeur service segment within 6 months
04/01/2015|3:45:19 PM|
CEO Zhengyao Lu said: “We will invest at least RMB2.5 billion to attract new customers at the beginning and we have unlimited cash reserves to continue.”
China Southern’s 2014 annual revenue up 10.38% while profits continue slide
04/01/2015|12:08:02 PM|
China Southern is the only one one of the five major listed Chinese carriers with decreasing profitability. Its decline has lasted for two years.
Alitrip kicks off “future hotels” scheme with “Credit Stay” service
03/31/2015|7:21:29 AM|
Alitrip has introduced Credit Stay in the first stage of its “future hotels” strategy that aims to revolutionize OTA involvement in the hotel industry.
Shanghai Pudong Airport opens fourth runway
03/31/2015|7:21:15 AM|
The addition of the new runway Shanghai Pudong Airport enables it to have two takeoffs and two landings simultaneously.
Customized travel startup Sinbad gets multi-million financing
03/30/2015|6:30:16 PM|
Sinbad has received a multi-million RMB Series A financing from Shenzhen Capital Group.
Didi-Kuaidi in high gear for US IPO in June 2015
03/28/2015|9:43:32 AM|
The newly formed Didi-Kuaidi taxi app mega merger is racing to make a US IPO as early as June 2015 in order to catapult itself to a stage of high-speed growth.
Expedia founder among investors in Mafengwo’s Series C financing round
03/28/2015|7:24:03 AM|
Mafengwo has received funding to the tune of US$100 million from a number of investors including Expedia’s Rich Barton.
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