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Search results for “ground services”
Social e-commerce platform Pinduoduo adds flight booking service
06/02/2020
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4:55:47 PM
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Profitability is not the only challenge that Pinduoduo will have to face, as China’s online travel market is already very crowded.
Chinese arrivals to Australia drop 99.8%; China Southern to raise over $2B | Daily Brief
05/16/2020
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10:39:31 AM
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Hotel occupancy in China reached over 40% during May 6-10 as business travel increased; Cathay Pacific flagged a “very bleak” outlook as coronavirus grounded planes globally.
Trip.com Group’s acquisition of Travix hints at appeal of smaller OTA
05/22/2020
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11:50:33 AM
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Trip.com Group may have decided that it was easier to acquire Travix, which has loyal customers in niche segments, than to compete with Travix via its Trip brand.
Investors offload stakes in Chinese OTA; Global hotel chains recover in China | Weekly Review
05/09/2020
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11:15:38 PM
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Booking loses $130 million in the sale of its Trip.com Group stake; Shanghai Disney theme park will reopen on May 11.
Wyndham merges China unit into Asia; China's tourism revenue drops 60% | Daily Brief
05/07/2020
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11:52:27 PM
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China raked in tourism revenue of USD 6.79 billion in a holiday, 59.58% less than last year; China Eastern beat out Southwest as the biggest airline in the world in terms of seats available.
China Eastern Airlines to sell inflight meals in supermarkets
04/13/2020
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2:31:04 PM
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The first batch of products includes noodles being served in the airline's VIP lounge as well as vacuum-packed meals.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020
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11:02:25 PM
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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.
Activities booking unicorn Klook acquires car rental firm Huizhuche
04/02/2020
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3:26:04 PM
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A source told ChinaTravelNews that Klook spent less than USD 10 million in its acquisition of Huizhuche, a price tag much lower than the car rental firm's claimed value after its series B round.
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