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Meituan posts $970 million annual loss; May Day holiday travel demand rising | Weekly Review
03/25/2023|10:55:40 AM|
Baidu, Pony.ai win permits to offer driverless robotaxi services in Beijing; Connexus Travel to undergo digital transformation in FREED camp.
Korean travel agencies restart package tours to China; Meituan posts $970 million loss | Daily Brief
03/24/2023|11:36:57 PM|
Japan service activity marks strongest since 2013 on tourism; Air China takes control of struggling Shandong aviation.
Meituan’s local commerce segment shines even in tough Q4
03/26/2023|11:06:18 AM|
The company shared that operating profit of its local commerce segment, led by the food delivery business, rose by 41% in Q4, even as its hotel and travel business suffered during the same period.
Meituan posts $970 million annual loss
03/24/2023|5:27:33 PM|
Revenue rose 22.8% from 2021 to 2022.
Tongcheng witnesses remarkable rebound since mid-June
08/24/2022|12:51:31 PM|
The team is targeting expansion areas including “growth engines for the transportation business”.
‘Big Three’ expected to welcome strong recovery; Virgin Atlantic suspends HK flights until March | Daily Brief
07/21/2022|10:16:50 PM|
Macau casinos can reopen Saturday at 50% staffing; India and China discuss resumption of direct flights.
Pandemic-hit tourism industry come up with innovative strategies to revive it
07/21/2022|3:30:04 PM|
Shanghai Haichang Ocean Park has opened the first Ultraman-themed pavilion in the world.
Travel brands look at novel ways to connect with Gen Z in China
08/03/2021|9:26:34 AM|
Gen Z is playing a vital role in recovery of the travel sector. Companies must continue to respond to the expectations of this cohort as desired.
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