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…
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…
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…
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…
Trip.com, Tencent Under Pressure to Sell Tongcheng Stakes?
New filing shows Trip.com’s longtime stake in Tongcheng fell slightly after years of staying the same Key Takeaways: A new stock exchange filing shows a slight reduction in leading online…
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