Search results for “Meituan”
Tencent-backed Meituan close to $3 billion-plus funding
Meituan Dianping, China’s largest group-buying and restaurant reviews service, is said to be close to finalizing a deal to raise at least $3 billion from investors including Capital Group and Tencent.
Ctrip adds “Hotel Plus” to upsell hotel services
Hotel upselling services provided by the OTA helps create a complete experience on one hand and improve incomes on the other.
Meituan Travel grosses 18 million room nights of hotel bookings in July
Meituan Travel registered more than 18 million room nights of hotel bookings in a single month in July, an increase of 50% year on year.
Ctrip projects 20 billion yuan in group tour revenue this year
Ctrip projected that its group tour business will gross RMB 20 billion this year. Its chairman James Liang said that the company’s sales income from hotels, air tickets, and travel groups will quickly become the highest in the world.
Tencent-backed Meituan takes on Alibaba and Ctrip in travel
Tencent-backed Meituan takes on Alibaba and Baidu-backed Ctrip in China's travel sector after the country saw cut-throat competition in ride-hailing, bike rentals and food delivery.
Meituan Travel introduces group tour service
Meituan Travel launched a domestic group tour service and will first introduce 200 tour routes this year in 50 cities that have delivered the most travel bookings on the platform.
Meituan gains traction in luxury hotel bookings
Meituan revealed that the platform listing mainly luxury hotels has a listing of 15,000 hotels, or 92% of luxury hotels in China.
Meituan-Dianping launches travel unit
Meituan-Dianping, China’s largest group-deal platform, launched of Meituan Travel, a new travel unit offering accommodation, domestic travel, outbound travel, and transportation.
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