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China’s duty free shops turn to online sales as international travel stays dormant

10/13/2022|2:09:06 PM|

China Duty Free had 20 million subscribers to its WeChat mini program ‘CDF Membership’ last year.

PMS provider GreenCloud raises over $14 million in an OTA-backed round

03/11/2023|10:04:19 AM|

The company has established partnerships with over half of the top 50 hotel groups in China.

Tencent-invested online travel firm reports nearly 40% revenue decrease in Q2

08/22/2022|6:30:11 PM|

GMV decreased by 26.6% to RMB56.7 million.

Alibaba travel arm plans for independent operation; Canton Fair goes online only | Weekly Review

04/03/2022|9:28:34 PM|

Shanghai to lock down millions for mass testing; Hong Kong removes flight ban from nine countries.

Leisure online travel firm Tuniu posts 5.3% drop in annual revenues

03/17/2022|9:26:11 PM|

The company said its self-operated local tour operators achieved double-digit growth in transaction volumes for 2021.

Tencent-invested online travel firm reports 6.5% revenue increase in Q1

05/19/2022|7:02:04 PM|

The company registered more than 10% growth in room nights sold in lower-tier cities.

Online travel giants ramped up marketing spend in 2021

04/02/2022|7:06:15 PM|

Booking Holdings investment in marketing in Q3 reached $1.38 billion,3% up on Q3 2019’s figure.

Tencent-invested online travel firm doubles profit in 2021

03/22/2022|10:53:26 PM|

Revenue increased 27% last year.

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