Alibaba invests $38.12 Million in UTour Group, Becomes Second Largest Shareholder
As of the close of December 8, UTour Group's share price was 4.88 yuan and its market value was 4.423 billion yuan.
12/9/20213 min read
Tag: #domestic tourism
Showing 3 of 3 posts with this tag
COVID-19 Grounds Tourists, Forcing Travel Companies to Think Outside the Box
Chinese are the largest tourist demographic on earth, and as China and many other countries keep their borders closed, companies servicing this massive body of travelers are experiencing enormous losses.
Is the Newly Extended Four-day Labor Day Holiday in China Driving Local Tourism?
The extended four-day labor day holiday has no doubt contributed to the national economy. According to statistics, the total domestic income from tourism reached as much as 117.67 billion yuan.