Search results for “Chinese investment”
Booking.com launches flagship store on Alibaba platform Fliggy
11/10/2018|8:11:29 PM|
It’s worth keeping track of Booking Holdings' next moves and what will become of its relationship with Ctrip.
As airline merchandising evolves, how are OTAs upping the ante?
10/22/2018|8:02:20 AM|
Every aspect of OTA business, right from analyzing the source of the traffic to what product to offer is becoming data-centric. The combination of cloud computing, data and analytics, machine learning etc. is set to pave way for insights that can help the likes of OTAs in their key decision-making.
Major Chinese airlines report drop in profits due to currency depreciation and rising costs
10/31/2018|3:43:52 PM|
China Eastern Airlines reported a 38% drop in net profit for in the third quarter. Hainan Airlines saw a 90% year-on-year tumble in operating profit to $33.5 million.
Ctrip embarks on hotel operation, Xiaozhu gets $300 million funding, and more
10/18/2018|8:22:02 AM|
High-speed railway passenger volume increased by more than 50% year-on-year during China’s National Day holiday, Airbnb rival Xiaozhu has pocketed $300 million for beefing up security and services.
7m Chinese to peak National Day break, Meituan in-store, hotel & travel up 44.1% in revenue, and more
09/30/2018|1:16:38 PM|
Around seven million Chinese are expected to travel abroad during the Golden Week. Meituan was listed in Hong Kong and reported a 10.6% rise in in-store, hotel and travel businesses GTV and 44.1% in revenue.
Foreign travel brands increasingly being lured by Chinese tech landscape
09/20/2018|10:10:37 AM|
Foreign companies like Booking Holdings are not only assessing business opportunities in the digital space of strategic relevance, but they are also keen on understanding how Chinese technology ecosystems are shaping consumption patterns of global relevance.
Tujia Sweetome invests in blockchain-equipped Cozy Holding
09/25/2018|10:30:55 AM|
Tujia, China’s largest vacation rental company and its offline property management group Sweetome, aim to leverage Cozy Holding’s blockchain capabilities and reach in North America.
China's Airbnb Xiaozhu.com lands nearly $300 million to enhance security and service
10/10/2018|11:15:13 AM|
Jack Ma’s Yunfeng Capital and AdvanTech Capital were the lead investors, while GIC Private, Joy Capital, Morningside Venture Capital and Capital Today also joined the investment.
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