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Alibaba launches “Fliggy Buy” shopping channel with merchants
03/26/2019|2:27:12 PM|
Furla Hong Kong and Laox of Japan have already joined this channel, and more merchants are expected to join.
GreenTree takes a 4.95% stake in New Century Hotel for $29.2 million
03/11/2019|4:19:27 PM|
GreenTree said that "there will be potential collaboration opportunities between the two companies" in the mid-scale to upscale hotel segment.
Fliggy spearheading “Global Fun” as part of Alibaba’s globalization strategy
03/06/2019|3:32:24 PM|
There is still much room for cross-brand synergy or consolidation under the umbrella of Alibaba.
China Southern quits SkyTeam, China to become top tourist destination by 2030, and more
11/26/2018|12:09:50 PM|
China issued the first service specification for the home-sharing sector, and Club Med owner Fosun Tourism and Culture approved for listing on the Hong Kong Stock Exchange.
Tujia targets 15 billion yuan in GMV by 2019
11/05/2018|10:50:28 AM|
The short term rental category in China is “burning” a lot of money at this stage. But, as Tujia’s CFO Warren Wang points out, things are expected to change considerably for the company over a period of next two years.
7m Chinese to peak National Day break, Meituan in-store, hotel & travel up 44.1% in revenue, and more
09/30/2018|1:16:38 PM|
Around seven million Chinese are expected to travel abroad during the Golden Week. Meituan was listed in Hong Kong and reported a 10.6% rise in in-store, hotel and travel businesses GTV and 44.1% in revenue.
Ctrip and Didi may invest in Indian firms, five OTAs corner 96.4% of Q2 hotel bookings, and more
09/13/2018|10:15:56 AM|
Ctrip is likely to invest $100 million in food-delivery platform Zomato and Didi is reported to back the Chinese business of OYO. Ctrip, Meituan, Qunar, Tongcheng-eLong and Fliggy accounted for 96.4% of Q2 hotel bookings.
Tourist equipment rental platform Hainiaowo raises million dollars in Series A+ round
09/05/2018|5:21:05 PM|
The company allows users to rent digital equipment such as cameras, WiFi routers and diving equipment for a duration of 7 to 10 days.
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