Search results for “domestic business”
China's outbound travel beats forecast, Alibaba debuts Flyzoo Hotel, and more
12/24/2018|9:40:50 AM|
Chinese tourists have made 162 million outbound trips before this year ends, Alibaba launched its first “future hotel” Flyzoo, and Ctrip tapped into social networking with a new feature.
Airbnb China reports triple growth rate in the second half of 2018
12/17/2018|9:29:08 AM|
Airbnb projects that Chinese travelers will travel to 618 cities in 88 countries and regions during the Spring Festival of 2019.
China Southern sells 5.01% stake in TravelSky to China Mobile
12/17/2018|5:22:57 PM|
After selling its 5.01% stake in TravelSky to China Mobile, Southern Holding will have its stake in TravelSky reduced to 9.18% and cease to be a substantial shareholder of the company.
Ctrip rival Meituan sells 209.6 million hotel room nights in 9 months
11/22/2018|7:21:26 PM|
Meituan has sold a total of 209.6 million domestic hotel room nights in the first three quarter of 2018. By comparison, the company marked 200 million room nights stayed on December 26, 2017.
Booking.com is promoting its home listings while expanding partnerships in China
12/02/2018|7:21:30 AM|
As one of the largest travel e-commerce companies in the world, Booking.com is playing catch up in homes category by showcasing more homes and apartments than traditional accommodations.
Meituan Dianping restructures and removes hotel & travel businesses
10/31/2018|3:19:28 PM|
Meituan’s in-store business, hotels, domestic vacation services and Zhenguo Homes have been integrated into a new in-store business unit. The transportation business is transferred to the LBS platform.
Home-sharing platform 58fanshome snaps up $717,800 angel-round funding
11/12/2018|6:00:24 PM|
The company aims to follow up with an A-round of financing in early 2019 and take its market cap to 200 million yuan.
Ctrip unfazed by macro uncertainty, rather primed for further growth
11/12/2018|3:54:18 PM|
Asserting that Ctrip historically has outpaced China's GDP growth by a factor of four, the senior management believes the future remains bright, bolstered by robust position in the domestic market and ability to capitalize on opportunities presented by globalization.
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