Search results for “Chinese investment”
E-commerce giant sells OTA asset; Accor works on recovery in China | Weekly Review
06/27/2020|2:52:42 PM|
Shiji gained three months to sell its U.S.-based asset StayNTouch; Trip.com Group unveiled a USD 500 million fund for its travel partners.
Domestic flights further rebound; Searches for China flights rise | Daily Brief
06/04/2020|11:45:20 PM|
China and Singapore agreed to create a fast lane to facilitate essential travel without 14-day quarantine from June 8; Trip.com Group set up a new unit to invest in startups.
OTA buys a stake in airport app; E-commerce site adds flight booking service | Daily Brief
06/02/2020|11:30:38 PM|
EU chamber urged China to cut subsidies to inefficient airlines; Marriott hotels' occupancy rate in China rose to 40%.
Flights from China to US drop 95%; Singapore has only 18 Chinese visitors in May | Daily Brief
06/05/2020|11:02:14 PM|
US plans to revise previously-announced ban on Chinese passenger flights; Chengdu airport became the world’s busiest last month.
Didi starts international travel agency; Trip.com faces more challenges | Weekly Review
06/01/2020|10:59:28 AM|
The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.
TravelSky adds China Eastern as investor for its mobile app
06/14/2020|10:31:56 AM|
TravelSky Mobile Tech is seeking monetization and profitability through a series of reforms including this capital restructuring plan.
Trip.com Group founds a startup-investment firm with $14 million
06/04/2020|8:45:04 PM|
Mr. Jay Shen, vice president of the Trip.com Group, serves as legal representative of the new company.
Hotel PMS firm raises $14 million; China accused of blocking US flights | Daily Brief
05/25/2020|11:20:13 PM|
Car-hailing giant Didi started an international travel agency; Meituan recorded 45.5% fewer room nights due to pandemic impact.
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