Alibaba holds a 5% stake in UTour while HNA Group owns more than 21% shares of Caissa Tosun.
Cathay Pacific suspends flights from Jakarta; China hits another pandemic roadblock in hotel recovery.
Mobile-only marketplace Pinduoduo with over 824 million users has started selling travel products. Agile digital companies’ tendency to count on a growing scale can’t be ignored.
New Delhi asks Beijing to allow Indian nationals to travel to China; China airlines may require passengers to be vaccinated to fly.
US air travel starts to catch up with China; China airlines may require passengers to be vaccinated to fly.
Lead investors include an investment firm co-founded by Alibaba founder Jack Ma and the registered entity of Alibaba’s food delivery unit Ele.me.
Family camping trips offer more choice, value and memories; Cathay Pacific ties in vaccination push with private party marketing.
Hotel & lifestyle brand Atour files for $100 million US IPO, with Trip.com holding 14.8% shares; Tencent invests in aviation technology startup.