Search results for “profitability”
SoftBank-backed Klook raises $210 million in post-pandemic travel rebound
12/07/2023|12:10:38 PM|
The travel and experience booking platform has reached overall profitability for the first time since its inauguration.
Meituan revenue rises 33% in Q2, netting a $644 million profit
08/25/2023|2:18:45 PM|
In-store, hotel & travel business grew with transaction volume up by over 120%.
Chinese OTA Tuniu reports first quarterly operating profit since listing
08/18/2023|12:36:28 PM|
Net revenues in Q2 increased by 170.5% year-over-year to RMB100.0 million.
Trip.com Group unveils 3.0 Model for packaged tours amid rising competition
01/09/2025|12:27:29 PM|
Analysts estimate that Trip.com Group and Tongcheng Travel collectively control 60% of China’s online travel market.
Ocean Park Hong Kong posts annual loss despite record visitors and revenue
12/03/2024|9:41:03 PM|
The company had reported annual loss for four consecutive years even before the pandemic.
Lower attendance at Shanghai Disney impacts Walt Disney's performance
11/21/2024|10:59:06 PM|
Operating profit of Disney's International Parks & Experiences segment saw a year-over-year decline.
Tongcheng Travel’ new business streams gain traction
11/23/2024|9:18:44 PM|
The company continues to augment its revenue generation from online packaged tour services and hotel management services.
Meituan counts on its membership initiative for travel business
12/03/2024|1:09:16 PM|
The tech-driven retail company’s decision to expand its Shen Hui Yuan membership program allowed Meituan to reach consumers in lower-tier cities as part of its effort to stimulate local consumption.
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