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Search results for “subsidiary”
Alibaba arm to invest $38m in loss-making Chinese tour operator UTour Group
12/13/2021
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1:44:05 PM
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The deal will enable Alibaba to double its current stake in UTour to 11.06%.
Tour-operator giants scrap merger plans; Trip.com rebrands corporate travel unit | Daily Brief
12/07/2021
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10:33:15 PM
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Alibaba subsidiary invests in travel information provider Smart Tour Tianfu; Business executives go first when China-Hong Kong border opens.
Alibaba ups $38M investment in UTour; US-China travel fast-track program to start in early 2022 | Daily Brief
12/09/2021
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12:18:25 AM
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COVID-19 travel curbs are biggest challenge for British firms in China; HNA transfers airline management to strategic investor.
Robotics startup secures $15 million, appoints former Meituan executive as CEO
12/02/2021
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3:45:46 PM
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The company aims to establish an ecosystem of services for diverse lifestyle scenarios.
Huazhu Group reports 18% RevPAR decline from pre-pandemic level
10/28/2021
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12:57:38 PM
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The blended RevPAR of Legacy-Huazhu during the Golden Week recovered to only approximately 82% of the 2019 level.
Alibaba invests $6.27 million in car-hailing platform Dazhong Chuxing
11/22/2021
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11:20:36 AM
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After the capital increase, Alibaba will hold 10% equity of the company.
Club Med aims to double resorts in China; OTA acquires PMS firm | Daily Brief
09/28/2021
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11:20:38 PM
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Sabre enhances partnership with Shiji to enable hoteliers to access Chinese travel market; Huazhu Group appoints CEO for international business.
Kempinski goes live on Shiji's WeChat solution; Chinese airlines see 2021 in red | Daily Brief
10/14/2021
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9:51:51 PM
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Macau gaming revenue forecasts revised down amid concerns China border restrictions; Mandatory lockdown ordered amid COVID surge in northern Xinjiang.
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