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Korea's No.1 beauty firm teams up with Chinese travel retailer CDFG

Korea's No.1 beauty firm teams up with Chinese travel retailer CDFG

Amorepacific and CDFG focus on the Hainan travel retail market, which is now recovering quickly with triple-digit sales growth.

10/15/2020|11:39:23 AM|Asiaone
RV travel frenzy in China led to lack of supply over holiday

RV travel frenzy in China led to lack of supply over holiday

RV orders doubled in June from the same period last year on the RV2Go platform, which has rental sites in over 30 cities nationwide and holds more than 60% market share.

10/10/2020|3:55:42 PM|Yicai
Railway trips top 126 million in China during holiday

Railway trips top 126 million in China during holiday

The number of daily railway trips exceeded 11 million for nine consecutive days during the travel rush.

10/10/2020|12:08:33 PM|Xinhuanet
Alibaba may invest in Grab to bolster its business in Southeast Asia

Alibaba may invest in Grab to bolster its business in Southeast Asia

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.

09/16/2020|5:17:01 PM|BusinessInsider
Car hailing startup invested by eHi; Cathay Pacific to mothball half fleet | Daily Brief

Car hailing startup invested by eHi; Cathay Pacific to mothball half fleet | Daily Brief

Hong Kong reveals travel bubble talks with countries like Japan, Thailand, Germany; China Duty Free Group expands in Sanya with new airport joint venture.

09/09/2020|10:25:18 PM|ChinaTravelNews
Intel acquires mobility app Moovit

Intel acquires mobility app Moovit

Moovit is a mobility-as-a-service platform that has more than 800 million users and services across 3,100 cities and 102 countries.

05/06/2020|3:01:41 PM|Phocuswire
SoftBank-backed Getaround looks for a buyer as demand evaporates

SoftBank-backed Getaround looks for a buyer as demand evaporates

Getaround and the broader car-sharing industry had been facing challenges even before the pandemic.

04/07/2020|4:57:55 PM|Bloomberg
Activities booking unicorn Klook acquires car rental firm Huizhuche

Activities booking unicorn Klook acquires car rental firm Huizhuche

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.

04/02/2020|3:26:04 PM|ChinaTravelNews
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