Search results for “growth”
Ctrip takes global expansion to reduce risks from geographic uncertainties
09/10/2019|6:13:44 PM|
Trip.com has achieved "quite sustainable profitability" in Hong Kong, and is very close to break-even point in Japan and South Korea, according to CEO Jane Sun.
Ctrip reports 19% rise in net revenue, proposes to change company name to Trip.com Group
09/10/2019|7:17:11 AM|
Accommodation reservation revenue climbed 21% to RMB 3.4 billion (US$497 million) and transportation ticketing revenue increased 13% to RMB3.4 billion (US$496 million).
Three Major Airlines in China net RMB 6.8 billion with net profit decrease in H1 2019
09/04/2019|6:26:13 PM|
China Southern Airlines, Air China and China Eastern Airlines reported revenue growth and netted 197.036 billion yuan collectively, but net profit attributable to shareholders of listed companies was down, at a total of 6.772 billion yuan.
Social e-commerce platform Pinduoduo hints at travel booking
09/21/2019|12:21:45 AM|
The company may not take travel as one of its strategic growth businesses. But it might still be adding more travel-related offerings on its platform to explore all potential for monetization of user traffic.
Two decades on, Ctrip hopes to emerge even stronger: CEO Jane Sun
08/29/2019|4:54:52 PM|
The domestic online travel category is ripe for expansion, asserts the online travel group. As for the international business, Ctrip expects it to contribute 50% of the total revenue generation in the next 3-5 years.
Sino-US aviation review: Passenger number rose 5% to 8.3 million last year
08/15/2019|2:10:50 PM|
Passenger number was growing slower than flight capacity in the first five months of 2019 between the world’s two largest economies.
Huazhu to sustain expansion in upscale segment: CEO Jenny Zhang
08/28/2019|5:47:56 PM|
The hotel group expects revenue generation from its mid-scale and upscale hotel segments to go up further with aggressive development.
Customized travel booking platform T-Bird acquires Haiyou
09/12/2019|5:37:56 PM|
T-Bird acquired Shanghai Haiyou to integrate resources and make the pie of customized travel bigger. More potential acquisitions are said to be in the pipeline.
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