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Search results for “Capital Today”
Alibaba founder invests in Airbnb’s China rival Xiaozhu
11/02/2017
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7:33:32 AM
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Chinese house-sharing platform Xiaozhu.com raised $120 million in its latest financing round backed by Alibaba founder Jack Ma's Yunfeng Capital, making it a billion-dollar unicorn startup.
Retailing isn’t just about monetisation, also about being “smarter” than ever
11/03/2017
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10:21:12 AM
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The pace with which retailing continues to evolve means random selling of air ancillaries and non-air ancillary products won’t work or pay off in the future.
Payment service providers help unlock Asian hoteliers growth potential
11/27/2017
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1:53:43 PM
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The eCommerce growth in APAC is keeping every industry that relies on digital interactions on its toes, with online transactions expected to double from $862 billion in 2016 to $1.4 trillion by 2021.
"Direct sales" going up for Chinese carriers, but is it enough?
10/18/2017
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9:02:02 PM
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Top carriers in China today have 40-45% sales coming in via "direct" channels. But this figure also includes selling inventory via OTAs. So this doesn't translate into owning the passenger for airlines.
Zuzu gets $2 million seed to help small hotels compete with big chains
10/25/2017
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2:02:38 PM
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Zuzu signs up more than 150 hotels in Taiwan, India and Thailand and plans to expand in Asia. It claims hotels can see a 60% to 100% increase in online bookings after signing up for its services.
Travel activities startup Klook nets $60 million C round financing
10/25/2017
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10:04:27 AM
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The Hong Kong-based startup announced its biggest ever round of funding – a $60 million series C investment co-led by Goldman Sachs and existing investors Sequoia Capital and Matrix Partners.
Blockchain will disrupt Expedia and Airbnb, TUI CEO says
07/13/2017
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11:31:02 AM
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Blockchain is an immutable database which, due to its security and decentralized nature, can pose a threat to traditional intermediaries. Companies are looking to expand blockchain to tackle travel distribution landscape.
Shanghai Free Trade Zone to establish wholly foreign-owned travel agencies
09/27/2017
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8:42:43 AM
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China (Shanghai) Pilot Free Trade Zone was officially approved to let foreign-owned travel agencies carry out pilot outbound travel business.
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