Search results for “Meituan”
Meituan H1 reports a 10.6% rise in in-store, hotel & travel businesses GTV
Revenues from in-store, hotel & travel businesses in the first half of 2018 increased by 44.1% to RMB 6.8 billion from RMB 4.7 billion in the same period of 2017.
OYO fully acquires Chinese rival startup Islands
The acquisition of this potential competitor not only delivers complementary advantages for OYO, but gives OYO more leverage in its expansion in China.
Queen of VC Kathy Xu: Meituan Dianping will blossom as a super platform and OTA
Meituan Dianping saw its market share in on-demand food delivery increase from 31.7% in 2015 to 59.1% in the three months ended March 31, 2018, according to iResearch report.
Meituan’s Hong Kong IPO may intensify its rivalry with Ctrip
In the first quarter of 2018, Meituan said it was responsible for 33.6% of domestic hotel room nights booked online in China, compared to what it claimed was a 33% share by Ctrip.
US travel income dropped due to stagnating arrivals, OYO sees China profitability, more
Spending by international visitors in the US dropped nearly 1% largely due to stagnating visitor arrivals from China; OYO China CFO said that the firm will think through profitability models in China.
HitchHiker connects Chinese flight content via Meituan-backed Flightroutes24
Direct connections to Air China, China Eastern, China Southern, Hainan Airlines, numerous Chinese low-cost airlines and access to the Travelsky GDS are the main motives for the cooperation between German software house HitchHiker and Flightroutes24.
Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more
Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.
Fosun Tourism wishes global families to “take a FOLIDAY, instead of a holiday”
With differentiated brands, products and customers, the Chairman and CEO of Fosun Tourism sees more synergy than competition.
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