Search results for “investment”
Meituan posts “stellar growth” for first quarter in hotel & travel segment
05/28/2021|6:26:19 PM|
In-store, hotel & travel segment reports a revenue of RMB6.6 billion, an increase of 112.7%.
Chinese province tightens Covid measures; OTA expects over 300% rise in Q2 revenues | Daily Brief
06/04/2021|12:24:38 AM|
Regulator works out rules to improve trustworthiness of travel businesses; China’s deepening opening-up to favor global post-pandemic tourism.
Room night bookings deliver sizable operating profit for Meituan
06/02/2021|1:42:04 PM|
A sign of progress was Meituan’s decision to expand its hotel supply in the high-end segment and the number of bookings garnered from this category continued to rise.
Trip.com Group invests in business lounge operator DragonPass
12/25/2019|9:48:55 AM|
DragonPass generated revenues of 1.1 billion yuan in 2019, representing a compound annual growth rate of 40% compared to three years ago.
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.
India asks China to relax travel ban; Robotics startup gets new funding | Daily Brief
06/12/2021|1:14:04 AM|
US air travel starts to catch up with China; China airlines may require passengers to be vaccinated to fly.
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 .
Hotel & lifestyle brand Atour files for $100 million US IPO, with Trip.com holding 14.8% shares
06/09/2021|8:32:46 AM|
In 2020, customers under 30 contributed to 35.0% of its total gross transaction value.
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