Alibaba acquires nearly 10% stake in Dufry, forms China joint venture; Ctrip chairman says live streaming is here to stay as Chinese tourism almost "fully recovers".
Oracle Hospitality’s dominance is in the on-premise side, but the future is in the cloud.
Embattled Cathay Pacific faces continued cash burn; Chinese airlines may not turn a profit even as domestic travel rebounds.
Amazon Explore pits the company against Airbnb, which launched a marketplace for live virtual experiences in April as a distraction for quarantined would-be travelers and a lifeline for its business.
Alibaba acquires a minor stake in a major tour operator; Travel experiences platform KKday raises $75 million in C round.
Alibaba and Utour will cooperate on product supply, channel and branding, big data technology, payment and system solutions.
Google remains optimistic about the travel industry’s future, and about the role that our tools can play to help it recover.
The new funding will be used to continue to expand in Asia and globally and to build out a new solution for travel operators and activity providers, Rezio.