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Klook buys car rental firm; Chinese airlines confident of ‘triumph’ | Daily Brief
04/02/2020|11:56:53 PM|
Global mobile payment solution provider Ksher said it has secured millions of US dollars; China’s airlines see only a short-term hit from the coronavirus outbreak.
Shiji grows operating revenue by 18.24% last year
04/30/2020|10:26:33 PM|
Operating revenue beyond mainland China were RMB 424 million, or 11.58% of total revenue, up by 69.11%.
Chinese airlines see significant Q1 losses, mull buying embattled Virgin Australia | Daily Brief
04/20/2020|11:13:25 PM|
Three state-owned Chinese airline giants expect significant losses in the quarter; Beijing reopens 30% of its major tourist sites.
Travel retail: Break old models to build new ones
03/23/2020|12:10:00 PM|
Reinventing travel retail will bring about new opportunities despite the raging pandemic.
Hotel recovery led by midscale & economy; Global aviation loss to rise to $2T | Daily Brief
04/11/2020|6:28:44 AM|
Shanghai Airport stock slumps below target by the widest margin in 13 years; China's theme parks re-open with strict rules to prevent further outbreak of the virus.
Alibaba backs Israeli travel startup; Klook buys car-hire firm | Weekly Review
04/04/2020|10:14:48 PM|
Chinese airlines rescheduled their international flights after national regulators decided to limit the number of international flights to curtail imported COVID-19 cases.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020|11:02:25 PM|
An investment firm indirectly associated with Trip.com Group wants to privatize online classifieds marketplace 58.com; OYO's CEO will forego his salary for the rest of the year.
Trip.com-invested hotel brand collapses; Airbnb halts marketing to save $800M | Daily Brief
03/31/2020|11:25:59 PM|
Airbnb will suspend all marketing activities in a move which will save USD 800 million a year; China saw a huge uptick in flight searches.
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