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Online or offline, completing a transaction is getting easier than ever

Online or offline, completing a transaction is getting easier than ever

One extra click or filling an extra blank for personal details can result in cart abandonment. Airlines eyeing Chinese customers need to keep up with the payments arena for better shopping experience.

10/19/2017|3:06:29 PM|ChinaTravelNews
Meituan-Dianping receives $ 4 billion funding, backed by Tencent and Priceline

Meituan-Dianping receives $ 4 billion funding, backed by Tencent and Priceline

China’s local service platform Meituan-Dianping has received USD 4 billion investment, backed by Tencent and The Priceline Group. It is valued at USD 30 billion after the financing.

10/19/2017|1:45:41 PM|ChinaTravelNews
Chinese OTAs facing growing pressures over ‘fraudulent’ practices

Chinese OTAs facing growing pressures over ‘fraudulent’ practices

The Chinese government has long taken a hands-off approach to the consolidation of Chinese OTAs. Today, there are more signs that this could be changing.

10/19/2017|10:15:17 AM|JingTravel
China`s Citic Capital builds 7.3% stake in Tourism Holdings

China`s Citic Capital builds 7.3% stake in Tourism Holdings

Chinese investment manager Citic Capital, which oversees US$21 billion of assets, has built up a 7.3% stake in Tourism Holdings, making it the motorhome operator`s second-biggest shareholder.

10/19/2017|9:51:57 AM|4-traders
China strikes as most profitable U.S. tourism market with a $33 billion spending

China strikes as most profitable U.S. tourism market with a $33 billion spending

NTTO reveals that visitors from China remain the highest-spending visitors in the U.S., spending a record-setting $33 billion in the United States last year.

10/19/2017|9:41:37 AM|JingTravel
China's railway investment to exceed USD 121 billion in 2017

China's railway investment to exceed USD 121 billion in 2017

This year's fixed investment in the railway sector might exceed RMB 800 billion ($121.04 billion), a target set by China Railway at the beginning of 2017, Economic Information Daily reported Wednesday.

10/19/2017|9:30:26 AM|ChinaDaily
"Direct sales" going up for Chinese carriers, but is it enough?

"Direct sales" going up for Chinese carriers, but is it enough?

Top carriers in China today have 40-45% sales coming in via "direct" channels. But this figure also includes selling inventory via OTAs. So this doesn't translate into owning the passenger for airlines.

10/18/2017|9:02:02 PM|ChinaTravelNews
China drives tourism growth in APAC

China drives tourism growth in APAC

Chinese tourists ranked number one for the most outbound trips made in the first half of 2017, with approximately 62.03 million trips around the world, according to CNTA.

10/18/2017|7:00:43 PM|BangkokPost
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Online or offline, completing a transaction is getting easier than ever

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