Search results for “strategic investment”
Alibaba to invest $23 million in online bus ticketing platform backed by Trip.com, Meituan
09/24/2021|1:08:07 PM|
The platform’s operating revenue rose 69% in the first half of 2021.
Chinese cities issue travel warnings; Club Med eyes expansion in Southeast Asia | Daily Brief
09/16/2021|11:19:13 PM|
Universal Beijing Resort apologizes for ticket platform crash; China permits flights from Germany, France and Italy to bring back stranded employees.
OTA posts $100M loss in Q2; HNA CEO detained by police | Weekly Review
09/25/2021|2:03:46 PM|
US to ease travel restriction for China; Boeing sees Chinese airlines buying 8,700 new aircraft by 2040.
HNA chairman, CEO arrested by police; Alibaba invests in Trip.com- and Meituan-backed firm | Daily Brief
09/24/2021|10:29:30 PM|
Trip.com reports $100M net loss in Q2, with strong recovery in domestic market; Shanghai to lead China's duty-free economy.
DidaTravel looks beyond Asia, eyes UAE and UK
05/26/2021|4:31:33 PM|
The Shenzhen, China-based company is strengthening its sourcing teams in various markets at this stage to add both independent and chain hotel companies in its portfolio.
Virus-hit province tightens travel rules; Bankrupt HNA reports $187 billion debts | Daily Brief
06/08/2021|1:01:54 AM|
Singapore to bar short-term visitors with travel history to Guangdong; China’s state-driven economic model may be limiting investment in aviation industry.
Universal Studios to open on Sep 20; Meituan posts 81% rise in Q2 room nights | Daily Brief
08/30/2021|9:39:21 PM|
Merlin starts construction on $1 billion Legoland theme park in Shenzhen; UK universities chartering planes to fly in 1,200 Chinese students.
Meituan CEO: Demand for travel was stronger in Q2 versus Q1
09/03/2021|10:06:57 AM|
Q2 started by facilitating recovery in the travel sector in China before travel restrictions came back to disrupt the same. Nevertheless a company of Meituan’s stature proved that they can sustain their growth trajectory in their hotel business.
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