Home> Online & Travel Tech
Meituan’s local commerce segment shines even in tough Q4

Meituan’s local commerce segment shines even in tough Q4

The company shared that operating profit of its local commerce segment, led by the food delivery business, rose by 41% in Q4, even as its hotel and travel business suffered during the same period.

03/26/2023|11:06:18 AM|Ritesh Gupta, ChinaTravelNews
Meituan posts $970 million annual loss

Meituan posts $970 million annual loss

Revenue rose 22.8% from 2021 to 2022.

03/24/2023|5:27:33 PM|ChinaTravelNews
Tongcheng Travel highlights its marketing excellence

Tongcheng Travel highlights its marketing excellence

The online travel company stated that its decision to target students and also promote its loyalty membership initiative was complemented by marketing campaigns in 2022.

03/24/2023|11:05:06 AM|Ritesh Gupta, ChinaTravelNews
Educational travel in China on the rise

Educational travel in China on the rise

Over 6 million people joined study tours last year, higher than pre-pandemic level.

03/22/2023|11:30:07 AM|China Daily
Connexus Travel with 70 years history to undergo digital transformation in FREED camp, says the CEO

Connexus Travel with 70 years history to undergo digital transformation in FREED camp, says the CEO

Stay open and be focused.

03/23/2023|5:00:17 PM|ChinaTravelNews
Tencent-invested travel company reports 18.8% drop in Q4 revenue

Tencent-invested travel company reports 18.8% drop in Q4 revenue

GMV decreased by 20.4% year-to-year.

03/21/2023|5:38:00 PM|ChinaTravelNews
Visa applications by Chinese group tourists double ahead of Labor Day Holiday

Visa applications by Chinese group tourists double ahead of Labor Day Holiday

Visa searches in the past week soared 886% from a year earlier, according to data from Fliggy.

03/21/2023|2:53:18 PM|Yicai Global
Why Chinese tourists are not totally ready to make a revenge comeback

Why Chinese tourists are not totally ready to make a revenge comeback

The weak Chinese yuan against the dollar is eroding the purchasing power of Chinese outbound tourists.

03/20/2023|11:22:05 AM|Hospitality Net
11 12 13 14 15 16 17 18 19 20
READ MORE

MOST POPULAR

1

Low-price tour groups from China ‘a threat to Thailand’s tourism’

2

GBTA launches global equity program to support business travel professionals in emerging markets through sponsored memberships

3

Middle East aviation: Saudi Arabia’s vision 2030

4

Cathay Pacific back to the future:long-haul to recovery concludes

5

Chinese outbound travel rebounds strongly in Q2 2024

©2022 广州力矩资讯科技有限公司 粤ICP备06070077号
Tell us more about yourself!