The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.
Group Chairman James Liang joined the live streaming which generated transactions valued at US$3.84 million within an hour on Thursday night.
Search and booking platforms, as well as accommodation apps, show an average recovery time of 42 days.
Chinese airlines rescheduled their international flights after national regulators decided to limit the number of international flights to curtail imported COVID-19 cases.
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.
The platform provides tourist attraction operators in China with features including customer preference analysis and ranked selections of recommended travel content.
Ocean Link plans to fund the transaction with equity capital and debt capital.
Airbnb was valued at USD 31 billion in its most recent private fund-raising round, according to data provider PitchBook.
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