Search results for “transaction volume”
Meituan keen on sustaining its aggressive marketing and content strategy
05/31/2023|12:09:56 PM|
The company decided to focus on consumption recovery in Q1 with wide-ranging marketing initiatives, upping the ante to “explore traffic growth, and also to stimulate non-instant demand”.
Douyin, TikTok's Chinese version, launches calendar-based hotel booking to take on OTAs
05/17/2023|3:01:12 PM|
While service fee was only 4.5% of transaction value, the total cost for Douyin merchants is getting closer to traditional OTA commission cost taking into account other content operation costs.
SoftBank-backed Klook eyes US IPO; Marriott beats market estimates on China recovery | Weekly Review
05/13/2023|2:35:02 PM|
Trip.Biz unveils soaring corporate travel demand for bleisure trips; Trip.com Group holds a 14.2% stake in Atour.
Survey presents mixed message on China travel; Mastercard to empower Chinese globetrotters | Daily Brief
05/12/2023|11:06:01 PM|
Hong Kong airport to give away 24,000 air tickets to Korean travelers; Hainan Airlines to resume direct Edinburgh-China flights.
Meituan rolls out corporate edition; Largest-ever Canton Fair to be held | Daily Brief
04/14/2023|6:38:43 PM|
Hainan’s yacht industry, a barometer on China’s high-end consumption, is quickly reviving; Hainan Airlines resumes flights between Shenzhen & Paris.
Meituan’s local commerce segment shines even in tough Q4
03/26/2023|11:06:18 AM|
The company shared that operating profit of its local commerce segment, led by the food delivery business, rose by 41% in Q4, even as its hotel and travel business suffered during the same period.
Hotel giant H World posts 10.7% revenue increase; domestic flights surpass pre-pandemic levels | Daily Brief
03/28/2023|9:54:43 PM|
China resumes 144-hour visa-free transit policy; Hong Kong tourism chief vows to tackle ‘poor quality’ tours.
Chinese travel picks up; HK to fully resume cross-border travel with mainland | Daily Brief
01/31/2023|10:03:04 PM|
Chinese carriers eye massive losses in 2022; Huazhu RevPAR in Q4 2022 recovered to 83% of the 2019 level.
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