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Wingly raises €3 million to expand its platform for sharing private flights
06/18/2020
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12:28:26 PM
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So far the platform has grown to 300,000 members, with 20,000 pilots offering their services.
Social e-commerce platform Pinduoduo adds flight booking service
06/02/2020
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4:55:47 PM
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Profitability is not the only challenge that Pinduoduo will have to face, as China’s online travel market is already very crowded.
Hotel PMS firm raises $14 million; China accused of blocking US flights | Daily Brief
05/25/2020
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11:20:13 PM
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Car-hailing giant Didi started an international travel agency; Meituan recorded 45.5% fewer room nights due to pandemic impact.
Trivago reports a net loss of €214M in Q1 of 2020
05/19/2020
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3:00:45 PM
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Trivago observed a sharp decline in Referral Revenue, decreasing 33% YoY.
Travel retail: Break old models to build new ones
03/23/2020
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12:10:00 PM
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Reinventing travel retail will bring about new opportunities despite the raging pandemic.
Hotel guests must show test results; Brands press ahead with Asia expansions | Daily Brief
04/14/2020
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11:50:30 PM
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New York-listed Chinese hotel firm expects revenue to decline by 30%-35% in Q1; Tourist attractions are only allowed to run up to 30% of full capacity.
Expedia reports 8% growth in gross booking for 2019
02/14/2020
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7:43:30 AM
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The company expects the coronavirus will have USD 30-40 million impact to adjusted EBITDA in Q1.
Trivago's total revenue decreases by 8% to €838.6 million in 2019
02/12/2020
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5:04:34 PM
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Net income increased by €38.7 million to €17.2 million in the twelve months ended December 31, 2019.
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