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HNA-invested tour operator Caissa Tosun plans to acquire Alibaba-backed rival UTour to form a $1.9 billion giant
06/16/2021|2:20:36 PM|
Alibaba holds a 5% stake in UTour while HNA Group owns more than 21% shares of Caissa Tosun.
China tightens Covid measures as cases rise; Trip.com cuts stake in Tripadvisor | Weekly Review
06/05/2021|11:04:42 PM|
WHO approves Sinovac COVID shot in second Chinese milestone; China may open up to international travel in early 2022.
Virus-hit province tightens travel rules; Bankrupt HNA reports $187 billion debts | Daily Brief
06/08/2021|1:01:54 AM|
Singapore to bar short-term visitors with travel history to Guangdong; China’s state-driven economic model may be limiting investment in aviation industry.
China may open up to international travel in 2022; Three-child policy set to boost family travel | Daily Brief
06/05/2021|3:47:11 AM|
Official says China can’t open up like US despite vaccination; RV business flourishing with over 5,400 registered companies.
Chinese robotics startup ExcelLand receives hundreds of millions of yuan in latest funding round
06/11/2021|10:43:46 AM|
Lead investors include an investment firm co-founded by Alibaba founder Jack Ma and the registered entity of Alibaba’s food delivery unit Ele.me.
Chinese internet giant Tencent invests in aviation technology startup WeFlyShare
06/09/2021|11:59:37 AM|
Tencent’s participation in travel technology is helping airlines improve inflight digital experiences.
Hospitality customer experience firm Vocust raises nearly RMB 100 million in A round
06/09/2021|9:59:50 AM|
The company was founded by Trip.com’s former COO and backed by top investors like Tencent and Sequoia Capital .
WHO approves second Chinese vaccine; China relaxes foreign investment limits | Daily Brief
06/02/2021|8:53:30 PM|
Cathay Pacific to hire Hong Kong-based pilots again; Foreign destinations gearing up for Chinese tourists' imminent return may be disappointed.
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