Working closely with Grab would enable Alibaba to strengthen its e-commerce operations in SEA and build a broader payments and commerce ecosystem, like WeChat Pay has in China.
Hong Kong reveals travel bubble talks with countries like Japan, Thailand, Germany; China Duty Free Group expands in Sanya with new airport joint venture.
Moovit is a mobility-as-a-service platform that has more than 800 million users and services across 3,100 cities and 102 countries.
Getaround and the broader car-sharing industry had been facing challenges even before the pandemic.
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.
India has over 20 million people traveling between cities on a daily basis with a majority of 55% using intercity buses.
Turo lists 450,000 vehicles available for its user base of more than 14 million.
The car rental service will start out in Hainan and may be expanded later to other tourist destinations and large cities.
ChinaTravelNews is a wholly owned subsidiary of
©2020 TravelDaily Inc.