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JD.com sells its stake in online travel agency Tuniu for $65 million

06/23/2020|11:58:31 AM|

The deal would give the Caissa Group 21.1% shares of Tuniu in total.

Marriott posts new jobs in China; Hong Kong to open to transit passengers | Daily Brief

05/28/2020|12:30:53 AM|

Midscale and economy hotels are driving the recovery of China's hotel market; Cathay Pacific's brand merger hits roadblock from Chinese regulator.

Fosun cuts stake in Booking Holdings; OYO sees recovery in China | Daily Brief

03/26/2020|12:49:33 AM|

The online travel company co-invested by Trip.com Group and Tencent reported over 205 million monthly active users; Hong Kong expects to see “zero visitors” for months.

Booking funds Didi, Airbnb China names new president, Baidu and Alibaba vie for smart hotel

07/23/2018|1:56:10 PM|

Booking Holdings invested $500 million in China’s ride-hailing platform Didi Chuxing. Airbnb China appointed a local serial entrepreneur as its new president. WeChat Pay decided to focus on outbound Chinese tourists.

China Travel International's net profit plummets 74% in 2016

03/30/2017|6:21:14 PM|

Tourism conglomerate China Travel International reported revenue of HK$4,070 million in 2016, down by 7%. Profit attributable to shareholders tumbled 74% to HK$350 million.

A year of Investments for Ctrip

04/29/2015|11:00:04 AM|

Ctrip's Q4 2014 earnings report showed them as the biggest online travel company in China in terms of transaction value.

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