Search results for “loss”
Meituan's in-store, hotel & travel revenues rise 39.3% in Q3
11/21/2019|5:40:02 PM|
Annual Transacting Users in the twelve months ended September 30, 2019 grew by 14.0% to 435.8 million from 382.3 million in the twelve months ended September 30, 2018.
MakeMyTrip's gross bookings rose 20.6% to $1.5 billion
11/04/2019|11:13:28 PM|
Revenue increased 14.2% to $118.0 million and Adjusted Revenue increased 13.6% to $181.1 million.
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.
Meituan reports 43.2% rise in in-store, hotel & travel businesses revenue in Q1
05/23/2019|5:22:19 PM|
GTV of the in-store, hotel & travel businesses grew by 15.1% to RMB46.4 billion in the three months ended March 31, 2019.
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019|7:31:53 AM|
Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
Didi Chuxing suspends hotel and travel business with staff transfers and lay off
05/28/2019|5:51:38 PM|
Earlier this year, Didi was reported to have sustained steep losses of 10.9 billion yuan in 2018, and has been in the red for six years.
Chinese travel companies show penchant for embracing cloud services
05/21/2019|6:18:00 PM|
Cloud is a force to reckon with. Chinese travel companies in their endeavour to embrace agile transformation for the digital era are making progress on this count.
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