By 2023, Fosun Tourism plans to open 16 new Club Med resorts, half of which will be located in China.
The company’s digital solutions helped some merchants triple or quadruple their transaction values in WeChat.
Autonomous vehicle tech firm Momenta raises $500M; Guangdong removes 7-day home quarantine for inbound arrivals.
The company's average monthly paying users increased by 5.9% year-to-year to 28.7 million in Q4 2020, but average monthly active users decreased by 4.8% to 196.0 million.
The joint venture company, named Yongle Huazhu Hotel & Resort Group, is formed with a total registered capital of RMB 50 million.
Hyatt increases footprint in Asia Pacific; Trip.com Group mimicks partner Tripadvisor with new content offerings.
Trip.com Group counts Baidu as top investor, overseas revenue drops significantly; China asks visa applicants to get inoculated with Chinese-made vaccines.
Visa rules relaxed for Chinese vaccine recipient in 26 countries; Cologne uses WeChat to attract Chinese tourists.
