Search results for “US market”
Social e-commerce platform Pinduoduo adds flight booking service
06/02/2020|4:55:47 PM|
Profitability is not the only challenge that Pinduoduo will have to face, as China’s online travel market is already very crowded.
The 2020 TravelDaily Conference is rescheduled to Nov 25-27
06/02/2020|11:48:09 AM|
ITB China, the largest B2B international travel trade show in China, will join TravelDaily in co-organizing our event.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020|5:16:44 PM|
Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
China restores only 20%-30% of domestic corporate travel
05/21/2020|4:19:50 PM|
The Chinese business travel market was worth USD 394 billion in 2019, but only 10% of the businesses were served by professional TMCs.
China Southern invests in TravelSky's consumer-facing App; China to triple international flights | Daily Brief
05/29/2020|12:09:19 AM|
TravelSky wants to explore monetization for the Umetrip app; China plans to allow chartered passenger flights from eight countries as it loosens restrictions on inbound travel.
OYO appoints CEO for its China unit
05/16/2020|10:33:18 PM|
The China market generated USD 307 million in revenue for OYO in FY2019, but also posted a net loss of USD 197 million, accounting for nearly 60% of the company's total annual loss.
TravelSky sells a stake in its consumer-facing App to China Southern
05/28/2020|2:34:11 PM|
The state-controlled giant is taking a step to better adjust to the market-based economy and explore monetization for its app unit.
Chinese arrivals to Australia drop 99.8%; China Southern to raise over $2B | Daily Brief
05/16/2020|10:39:31 AM|
Hotel occupancy in China reached over 40% during May 6-10 as business travel increased; Cathay Pacific flagged a “very bleak” outlook as coronavirus grounded planes globally.
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