Search results for “Alibaba Group”
Alibaba gets a 6.1% stake in Dufry; Cathay Pacific cuts a brand & 6,000 staff | Daily Brief
10/21/2020|12:45:57 AM|
Japan, China to restart mutual business travel this month; Blockchain technologies bring back travel.
Thinking beyond "survival mode" – Key takeaways for hotel distribution recovery
10/26/2020|1:35:36 PM|
Once a new revenue stream has been added, the business line won’t stop even after the pandemic.
Leveraging 3rd party flagship stores for building "in China for China" business
07/05/2020|5:23:21 PM|
Foreign hotel companies are setting up their flagship stores on Ctrip and Fliggy, and looking at them as a way to let locals shop in a way they are accustomed to.
Alibaba buys a 5% stake in tour operator Utour for $56.5 million
09/29/2020|11:06:08 PM|
Alibaba and Utour will cooperate on product supply, channel and branding, big data technology, payment and system solutions.
Finnair partners TravelSky, Tongcheng-Elong; PMS firm secures funding | Daily Brief
09/30/2020|12:11:04 AM|
Alibaba acquires a minor stake in a major tour operator; Travel experiences platform KKday raises $75 million in C round.
Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020|6:04:56 PM|
Chinese online platforms are focusing on digital tools, especially live-streaming, to revive spending. The plan is to drive domestic travel sales volume through discounts, a tactic being described as a short-term phenomenon.
Video sharing app TikTok challenges Ctrip and Meituan in their stronghold
07/30/2020|12:24:25 AM|
Video sharing platforms TikTok or Kwai are more interested in carving out their own niche in the local lifestyle services segment rather than being merely a traffic portal for Ctrip and Meituan.
Marriott posts 65% occupany in China; OTA believes in "revenge travel" | Daily Brief
09/16/2020|11:19:44 PM|
Huazhu prices global offering at HKD 297 to raise around USD 783 million; Alibaba may invest in Grab to bolster its business in Southeast Asia.
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