On Wednesday, Chinese web retail and services platform Meituan announced a new round of adjustments, including the establishment of a special group to make decisions regarding all retail-related businesses.
Meituan on Thursday announced that, in order to help travelers in the next round of epidemic prevention and control, the company has upgraded its assurance services for orders affected by the pandemic.
In response to rumors that it would seek an IPO in Hong Kong, employees from Chinese car rental firm eHi said on Wednesday, "there is indeed a plan to go to Hong Kong for IPO, but the specific time has not yet been set."
Chinese travel company Trip.com Group has passed the hearing for its secondary offering on the Hong Kong Stock Exchange, according to a draft prospectus filed to the bourse late Tuesday.
ByteDance backed Douyin, the Chinese version of TikTok, recently released a white paper on the travel vlogger industry in 2020 along with People’s Cultural Tourism and Trend Insight.
While the Coronavirus continues its rampage through the rest of the world, China has kept new Covid-19 cases at exceptionally low levels with sweeping measures since March.
Trip.com’s application for the transfer of 100% equity of Shanghai Oriental Huirong Information Technology Service Co., Ltd. was officially approved by the People’s Bank of China on Monday.
Tuniu Corp. (TOUR) reported Wednesday a net loss of 201.5 million yuan ($29.5 million) on revenue of 174 million yuan, a year-on-year decrease of 61.9%, in Q1 2020.
According to Tencent News, Ctrip plans to return to Hong Kong for a secondary listing and has recently approached a number of Chinese and foreign investment banks.
On November 6, Ctrip Group, a Chinese online travel service provider announced a strategic partnership with American travel website TripAdvisor, expanding their global cooperation.
Didi Chuxing released a summary of the travel data for the 2019 National Day holiday that commemorated the 70th anniversary of the People’s Republic of China.
