‘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…
BRIEF: JPMorgan buys major stake in travel site Tongcheng
Fund management major JPMorgan has taken a major stake in online travel site Tongcheng Travel Holdings Ltd. (0780.HK), according to a new disclosure to the Hong Kong Stock Exchange. The…
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…
Tongcheng flies high on post-Covid domestic travel boom
Domestic tourism is one of the few bright spots in a Chinese economy beset with deflationary pressures, making a winner of China’s second largest online travel agent Key Takeaways: Tongcheng’s…
SPONSORED: Tongcheng Travel to capture China’s travel comeback
The online travel agent expanded its business through organic growth and acquisitions to equip itself for a travel rebound Key Takeaways: Tongcheng Travel made a series of investments during the…
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…
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