Search results for “transaction volume”
Meituan revenue rises 33% in Q2, netting a $644 million profit
08/25/2023|2:18:45 PM|
In-store, hotel & travel business grew with transaction volume up by over 120%.
China’s hotel chain Zhiding Yuemei files for U.S. IPO; Meituan posts $644 million net profit in Q2 | Weekly Review
08/26/2023|10:41:49 AM|
Hilton bets on China’s middle class as it eyes about 730 hotels in next 10 years; Trip.com Group forms joint venture with Japan's JTB.
Trip.com Group forms joint venture with JTB; Japan bets on WeChat to hook Chinese tourists | Daily Brief
08/25/2023|7:28:35 PM|
Russia and China discuss expanding flight routes; China’s tourism grows faster than GDP.
Meituan keen on sustaining its aggressive marketing and content strategy
05/31/2023|12:09:56 PM|
The company decided to focus on consumption recovery in Q1 with wide-ranging marketing initiatives, upping the ante to “explore traffic growth, and also to stimulate non-instant demand”.
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.
SoftBank-backed Klook eyes US IPO; Marriott beats market estimates on China recovery | Weekly Review
05/13/2023|2:35:02 PM|
Trip.Biz unveils soaring corporate travel demand for bleisure trips; Trip.com Group holds a 14.2% stake in Atour.
Survey presents mixed message on China travel; Mastercard to empower Chinese globetrotters | Daily Brief
05/12/2023|11:06:01 PM|
Hong Kong airport to give away 24,000 air tickets to Korean travelers; Hainan Airlines to resume direct Edinburgh-China flights.
Meituan’s local commerce segment shines even in tough Q4
03/26/2023|11:06:18 AM|
The company shared that operating profit of its local commerce segment, led by the food delivery business, rose by 41% in Q4, even as its hotel and travel business suffered during the same period.
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