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Travel activities startup Klook nets $60 million C round financing
10/25/2017
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10:04:27 AM
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The Hong Kong-based startup announced its biggest ever round of funding – a $60 million series C investment co-led by Goldman Sachs and existing investors Sequoia Capital and Matrix Partners.
DFS Group to accept WeChat Pay for Chinese consumers
10/24/2017
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10:52:04 AM
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CITCON, the leading cross-border mobile payment company, announced a partnership with DFS Group, the world's leading luxury travel retailer, to launch WeChat Pay.
Will Asia’s airlines prosper with in-flight connectivity and e-commerce?
10/11/2017
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9:33:00 AM
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Valour Consultancy report shows that the number of connected aircraft in the Asia-Pacific region will rise to over 5,000 by 2025, with much of this growth coming from airlines on the Asian continent.
"Direct sales" going up for Chinese carriers, but is it enough?
10/18/2017
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9:02:02 PM
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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.
Identifying a traveller – how can digital transformation pave way for it?
10/17/2017
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8:23:12 AM
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Digital transformation isn't a trend, rather it’s a journey and airlines’ answer to the Fourth Industrial Revolution, said Jonathan Tong at Amadeus.
Blockchain will disrupt Expedia and Airbnb, TUI CEO says
07/13/2017
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11:31:02 AM
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Blockchain is an immutable database which, due to its security and decentralized nature, can pose a threat to traditional intermediaries. Companies are looking to expand blockchain to tackle travel distribution landscape.
6 areas that can propel digital transformation
10/13/2017
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4:02:38 PM
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Digital transformation can eradicate a passenger’s pain points and make every offer or interaction meaningful, but the whole effort can go awry, too, without an earnest manner, explains Blair Koch.
China Lodging Group to invest $10 million in India's OYO
09/13/2017
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12:50:21 PM
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China Lodging announced today its five-year MoU with India's leading hospitality company OYO and that it has agreed to make a $10 million equity investment in OYO to become a minority shareholder.
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