GMV - ChinaTravelNews

Search results for “GMV”

Tencent-backed Tongcheng Travel doubles its revenue in Q2

08/22/2023|5:25:12 PM|

Total GMV increased by 145.7% year-to-year to RMB59.7 billion.

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.

Tencent-backed Tongcheng Travel posts more than 50% rise in Q1 revenue

05/24/2023|6:48:19 PM|

Some 80% of Tongcheng's active users were contributed by Tencent's Weixin mini program.

How to meet Chinese travelers’ changing demands? Key takeaways from the China Arising event

04/26/2023|3:46:47 PM|

Make changes to adapt to changes.

Tencent-invested travel company reports 18.8% drop in Q4 revenue

03/21/2023|5:38:00 PM|

GMV decreased by 20.4% year-to-year.

Tongcheng-Elong continues to swell its paying user base

11/26/2021|12:45:31 PM|

The OTA has taken its paying user base from 152 million in 2019 to over 196 million by the end of Q3.

Trip.com Group revenue drops 40% in Q4, domestic hotel GMV rises

03/04/2021|6:32:43 AM|

Product development expenses accounted for 42% of net revenue in 2020.

Tongcheng capitalizes on traffic, crosses MAU milestone

11/28/2022|3:27:20 PM|

The Chinese online travel company achieved record high for both its average monthly active users and average monthly paying users.

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