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Meituan posts $970 million annual loss

Meituan posts $970 million annual loss

Revenue rose 22.8% from 2021 to 2022.

03/24/2023|5:27:33 PM|ChinaTravelNews
Tongcheng Travel highlights its marketing excellence

Tongcheng Travel highlights its marketing excellence

The online travel company stated that its decision to target students and also promote its loyalty membership initiative was complemented by marketing campaigns in 2022.

03/24/2023|11:05:06 AM|Ritesh Gupta, ChinaTravelNews
Connexus Travel with 70 years history to undergo digital transformation in FREED camp, says the CEO

Connexus Travel with 70 years history to undergo digital transformation in FREED camp, says the CEO

Stay open and be focused.

03/23/2023|5:00:17 PM|ChinaTravelNews
Tencent-invested travel company reports 18.8% drop in Q4 revenue

Tencent-invested travel company reports 18.8% drop in Q4 revenue

GMV decreased by 20.4% year-to-year.

03/21/2023|5:38:00 PM|ChinaTravelNews
Leisure travel firm Tuniu reports 62.8% decline in Q4 revenue

Leisure travel firm Tuniu reports 62.8% decline in Q4 revenue

The company expects net revenues to increase by 45%-55% in Q1 2023.

03/17/2023|7:39:13 PM|ChinaTravelNews
PMS provider GreenCloud raises over $14 million in an OTA-backed round

PMS provider GreenCloud raises over $14 million in an OTA-backed round

The company has established partnerships with over half of the top 50 hotel groups in China.

03/11/2023|10:04:19 AM|ChinaTravelNews
Trip.com Group hopeful of Chinese outbound pie picking up in Q2

Trip.com Group hopeful of Chinese outbound pie picking up in Q2

The online travel company indicated that factors such as flight capacity are posing a big challenge to the outbound travel recovery, but this is expected to be resolved in the coming months.

03/08/2023|1:28:33 PM|Ritesh Gupta, ChinaTravelNews
Trip.com gears up for “human” conversations via its TripGen chatbot

Trip.com gears up for “human” conversations via its TripGen chatbot

The online travel company’s latest tool is making solid progress in the arena of trip planning, and is to introduce the option of travel bookings within the conversational style chatbot in the near future.

03/09/2023|6:36:42 PM|ChinaTravelNews
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