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Meituan posts $970 million annual loss; May Day holiday travel demand rising | Weekly Review
03/25/2023
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10:55:40 AM
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Baidu, Pony.ai win permits to offer driverless robotaxi services in Beijing; Connexus Travel to undergo digital transformation in FREED camp.
Air China takes control of struggling Shandong aviation, extends lifeline to Shandong Airlines
03/24/2023
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12:07:08 PM
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Air China paid USD4.8 million to hike its stake in Shandong Aviation to 51.7%.
Connexus Travel with 70 years history to undergo digital transformation in FREED camp, says the CEO
03/23/2023
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5:00:17 PM
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Stay open and be focused.
Tencent-invested travel company reports 18.8% drop in Q4 revenue; visa applications by Chinese group tourists surge | Daily Brief
03/21/2023
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6:56:11 PM
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Hong Kong’s MTR Corporation adds 5 new mainland destinations; probe into China Eastern Airlines flight crash continuing.
Meituan’s ride-hailing drivers quit as stand-alone service model ends
03/17/2023
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12:27:44 PM
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After the move, Meituan’s ride-sharing orders slumped about 70% in the following week.
China's Meituan to restructure ride-hailing unit, reduce service's staff - letter
03/07/2023
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11:47:09 AM
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Meituan's decision comes as many of its tech peers are evaluating non-core businesses and cutting costs as the economy slows.
96,000 Chinese hotel enterprises go under in first half of 2021, up by 24.7% from last year
08/11/2021
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6:06:57 PM
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In the first half of this year, 191,000 new hotel enterprises were registered, up by 11% year-on-year.
AI firm buys legacy Hong Kong travel agency in more signs of life for China travel
02/01/2023
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12:06:18 PM
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The acquisition of Connexus Travel follows the startup’s strategy for targeting expansion in Seoul and Shanghai.
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