Klook: a Hong Kong unicorn set for a trip to the stars?
The online travel agent founded by three former Hong Kong investment bankers raised more than $200 million in a new funding round, moving one step closer to going public Key…
Trip.com sees clearer skies ahead – but investors already knew that
China’s largest online travel agent’s revenue rose 7% in the fourth quarter on rebounding Asian demand, as analysts forecast growth accelerating ot 50% this year Key Takeways: Trip.com’s revenue rose…
Tongcheng Spreads Wings for New Flight With $145 Million in Investments
The online travel agent made several major investments in 2022 in a diversification drive to lower its dependence on backers Tencent and Trip.comKey Takeaways:Tongcheng’s newly disclosed series of investments last…
Trip.com Sees Bumpy Period Ahead, But Clear Air Later in 2023
China’s leading online travel agent posted solid growth in the third quarter, but hit a rough patch in October that’s expected to last through early 2023Key Takeaways:Trip.com’s revenue grew 29%…
Get Ready! Trip.com Sees Glittery Travel Gold Rush at the End of Its Covid Tunnel
Online travel agency posted a substantial loss in the first quarter due to China’s Covid travel restrictions, but is predicting more lucrative days ahead Key Takeaways • Trip.com posted a…
Online Travel Agent Tongcheng-Elong Gets Lift from T. Rowe Price
Company reports second-quarter revenue rose 78% year-on-year, as US fund manager separately discloses its purchase of a 5% stake Key Takeaways: Tongcheng-Elong has rebounded from the pandemic more quickly than…
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