Search results for “Tencent”
Meituan reports 8.9% rise in revenue, 17% decline in hotel room nights
08/22/2020|11:10:23 AM|
Hotel business continued to be significantly affected by the pandemic, with the number of domestic room nights consumed in the second quarter decreasing by 17% to 78 million.
WeChat no longer used at US airport; Mainland passengers allowed HK transit | Daily Brief
08/13/2020|10:41:42 PM|
Tencent-backed platform launched Super Group-Buying for hotel advance purchase; "Happy Flight" travelers crash Chinese airline's app with panic buying.
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018|11:58:59 AM|
Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
Meituan launches Super Group-Buying for hotel advance purchase
08/15/2020|8:12:25 PM|
Unlike traditional group buying, the new offering can be redeemed and managed through online self-service.
WeChat ban harms more than US tourism; Huazhu looks to second listing | Daily Brief
08/10/2020|10:36:36 PM|
Greater Bay Airlines seeks Hong Kong approval to take off; Travel companies will be more cautious in approaching markets in China due to geopolitical tension.
Video sharing app TikTok challenges Ctrip and Meituan in their stronghold
07/30/2020|12:24:25 AM|
Video sharing platforms TikTok or Kwai are more interested in carving out their own niche in the local lifestyle services segment rather than being merely a traffic portal for Ctrip and Meituan.
Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020|6:04:56 PM|
Chinese online platforms are focusing on digital tools, especially live-streaming, to revive spending. The plan is to drive domestic travel sales volume through discounts, a tactic being described as a short-term phenomenon.
Tencent- and Ctrip-invested Tongcheng Elong applies for IPO in Hong Kong
06/22/2018|7:21:38 AM|
The average MAUs of Tongcheng and eLong combined increased from 88.7 million in 2015 to 121.2 million in 2017, representing a CAGR of 16.9%.
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