Many entrepreneurs are leaving innovation hub Beijing Zhongguancun to join leading enterprises to start their business as an internal division.
The large volume of travel content generated by other users makes it easier to schedule our own travel itineraries, said Yuanhao Chen, general manager of product department of Ctrip.
After selling its 5.01% stake in TravelSky to China Mobile, Southern Holding will have its stake in TravelSky reduced to 9.18% and cease to be a substantial shareholder of the company.
Airbnb projects that Chinese travelers will travel to 618 cities in 88 countries and regions during the Spring Festival of 2019.
China’s biggest tourism companies have been reporting annual turnover exceeding 10 billion yuan and GMV of trillions of yuan since 2016.
Adopting an “Entertainment Plus” strategy, Neobio adds entertainment zones adjacent to schools and supermarkets in middle- and high-end residential neighborhoods.
Under the strategy, tour operators, segmented destination service suppliers and individual service providers will be the major target users.
A hotel in Japan recently found that Trip.com had listed hotel rooms as vacant even after they have been reserved.
