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3 payment-related trends to watch out from China

Technologies unlocking more sales channels, AI and simpler authentication are expected to drive interesting initiatives in this arena.

06/03/2019|5:55:08 PM|ChinaTravelNews

Why China is vital for Kiwi.com?

Kiwi.com aims at allowing a traveler to move from one point to another anywhere in the world via one transaction. And unless China figures in it, the goal wouldn’t be complete.

05/30/2019|4:12:17 PM|ChinaTravelNews

Didi Chuxing suspends hotel and travel business with staff transfers and lay off

Earlier this year, Didi was reported to have sustained steep losses of 10.9 billion yuan in 2018, and has been in the red for six years.

05/28/2019|5:51:38 PM|ChinaTravelNews

OYO and Ctrip establish strategic partnership

The partnership agreement allows users to get access to OYO hotels on the Ctrip platform.

05/27/2019|3:30:04 PM|ChinaTravelNews

Outbound travel can contribute up to 50% of revenue in 5-10 years: Ctrip CEO

The online travel company is optimistic about driving both revenue growth and margin expansion by leveraging large market scale.

05/24/2019|11:45:47 AM|ChinaTravelNews

Mafengwo raises $250m in D+ round funding led by Tencent

Mafengwo will use the capital to build a new one-stop travel service platform driven by AI and data algorithms catering to young Chinese travelers.

05/23/2019|6:11:14 PM|ChinaTravelNews

Meituan reports 43.2% rise in in-store, hotel & travel businesses revenue in Q1

GTV of the in-store, hotel & travel businesses grew by 15.1% to RMB46.4 billion in the three months ended March 31, 2019.

05/23/2019|5:22:19 PM|Meituan

MakeMyTrip revenue and bookings up more than 25%, operating losses down more

The execution of our strategies has allowed us to improve on our market share and drive strong growth rates across gross bookings, adjusted revenue and standalone hotels online room nights.

05/22/2019|2:26:58 PM|Phocuswire
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