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Airbnb asked to drop ties to Beijing Winter Olympics; OTA sees "robust recovery trend" | Daily Brief
03/23/2021|9:07:55 PM|
Autonomous vehicle tech firm Momenta raises $500M; Guangdong removes 7-day home quarantine for inbound arrivals.
Major Chinese OTA Tongcheng-Elong sees "continuing robust recovery trend" in Q4
03/23/2021|5:55:54 PM|
The company's average monthly paying users increased by 5.9% year-to-year to 28.7 million in Q4 2020, but average monthly active users decreased by 4.8% to 196.0 million.
Huazhu Group forms joint venture with Sunac China
03/23/2021|10:58:52 AM|
The joint venture company, named Yongle Huazhu Hotel & Resort Group, is formed with a total registered capital of RMB 50 million.
China considers differentiated visa policies; Co-living startup helps hotels switch to monthly leases | Daily Brief
03/22/2021|9:53:07 PM|
Hyatt increases footprint in Asia Pacific; Trip.com Group mimicks partner Tripadvisor with new content offerings.
Hotel membership operator raises fund; expense management startup invested by Tencent | Weekly Review
03/21/2021|1:46:52 PM|
Trip.com Group counts Baidu as top investor, overseas revenue drops significantly; China asks visa applicants to get inoculated with Chinese-made vaccines.
Expense management startup raises $92.5M; Canton Fair stays virtual in April | Daily Brief
03/19/2021|10:30:06 PM|
Visa rules relaxed for Chinese vaccine recipient in 26 countries; Cologne uses WeChat to attract Chinese tourists.
The 129th Canton Fair prepares for a virtual return April 15-24
03/19/2021|9:57:36 PM|
Last year's session welcomed buyers from a record-breaking 226 countries and regions.
Corporate expense management platform Fenbeitong secures $92.5 million from Tencent, Hillhouse
03/19/2021|1:46:34 PM|
The company’ revenue grew 300% annually over 2018-2020.
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