Tongcheng’s rosy report fails to discuss the worrisome elephant in its house
The online travel agent’s revenue rose 14% in the first quarter, but its latest report lacked discussion of an anti-trust probe into Trip.com, its top stakeholder and a key supplier…
BRIEF: Trip.com’s revenue rises 21% in fourth quarter, as two co-founders resign
Leading online travel agent Trip.com Group Ltd. (TCOM.US; 9961.HK) on Thursday reported its revenue rose 21% year-on-year in the fourth quarter to 15.4 billion yuan ($2.24 billion), as all of…
China’s fading box office delivers rare profit-booster for Imax China
After a lackluster performance last year, the big-screen movie company returned to profit growth in the first half of 2025 on the back of box office blockbuster ‘Ne Zha 2’…
After profit plunge in 2024, Maoyan spotlights strong start to 2025
The movie ticketing platform was dragged down by a 23% decline in China's box office last year, but held out hope for a stronger 2025 Key Takeaways: Maoyan said its…
‘Revenge travel’ slowdown puts damper on Trip.com’s banner year
After delivering impressive results for 2024, China’s leading online travel platform said it is confident of more growth in 2025 Key Takeaways: Trip.com’s reported its profit grew by a robust…
Huoli rides China travel boom to Hong Kong IPO
One of China’s leading mobility platforms plans to take its transport booking apps to the rest of Asia Key Takeaways: Huoli has filed to list in Hong Kong, reporting its…
Tongcheng slows spending as budget travel frenzy fades
The online travel agent has scrapped a major planned acquisition as it faces a slowdown from a sluggish economy, stagnating outbound tourism and backlash over its ease of refunds Key…
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