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Ant Financial takes stake in Vietnam's eMonkey

Ant Financial takes stake in Vietnam's eMonkey

The strategic investment will allow the firm to gain entry to Vietnam’s booming market of nearly 100 million people.

12/20/2019|10:02:39 AM|Reuters
SiteMinder eyes unicorn status before Christmas

SiteMinder eyes unicorn status before Christmas

Potential investors were told Siteminder's revenue was forecast to grow by 30 percent in the 2020 financial year to more than $125 million.

12/19/2019|5:09:48 PM|AFR
Alibaba's Fliggy teams with 15,000 hotels to set up members' club

Alibaba's Fliggy teams with 15,000 hotels to set up members' club

The alliance seeks to generate traffic to hotels and provide technical support and intelligent hardware in the future.

12/18/2019|5:55:21 PM|Yicai Global
Hong Kong’s high-spending outbound travel market stays firm

Hong Kong’s high-spending outbound travel market stays firm

Hong Kong residents made 1.7 percent more departures in the three-month period from July to September.

12/17/2019|10:35:34 AM|Skift
China’s social travel platform Mafengwo to lay off 40% of staff

China’s social travel platform Mafengwo to lay off 40% of staff

The company faces stiff competition for its travel booking services from bigger rivals like Alibaba’s Fliggy and Ctrip.

12/17/2019|10:27:59 AM|technode
Thomas Cook brand poised for relaunch next year by Chinese owner

Thomas Cook brand poised for relaunch next year by Chinese owner

Some of Fosun’s existing travel offerings will be grouped together and re-branded as Thomas Cook to lure travelers.

12/16/2019|10:14:38 AM|The Star Online
ShortTermRentalz industry trends predictions for 2020 revealed

ShortTermRentalz industry trends predictions for 2020 revealed

PMCs will race for overall dominance with mergers and acquisitions to be the next unicorns.

12/12/2019|6:52:16 PM|ShortTermRentalz
Travel startup investments in 2019

Travel startup investments in 2019

This year saw several $100 million-plus investment rounds - with five new companies achieving unicorn status in the process.

12/12/2019|6:29:29 PM|Phocuswire
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