Tuniu expects its net revenues to decline by 65%-75% for the first quarter this year.
The deal allowed Hotel Shilla to become the second-largest shareholder after 3Sixty Chairman Bernard Klepach.
Sabre still has to wait for a UK antitrust regulator to rule before it can complete the deal.
The deal raised Airbnb’s cash reserves to around USD 4 billion.
FlightSafe’s safety assessments and airline risk information provide a rational and quantified basis for stakeholders to determine air travel safety policies to protect travelers.
Ocean Link plans to fund the transaction with equity capital and debt capital.
Airbnb was valued at USD 31 billion in its most recent private fund-raising round, according to data provider PitchBook.
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.
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