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Fintech startup of Tuniu former president snares $146 million in A round
01/12/2018|10:50:01 AM|
BlackFish, a fintech startup co-founded by online travel site Tuniu’s former executives, has raised RMB 950 million (USD 146 million) in A-round funding, backed by Lightspeed China Partners and Gobi Partners.
Airbnb loses $276M in Q4; Trip.com taps into virtual banking | Daily Brief
03/13/2020|10:12:26 PM|
Expedia is withdrawing its adjusted EBITDA guidance due to growing virus impact; Global hotel transaction volumes in 2019 reached USD 66 billion last year.
US regulator triggered by HNA revamp; OYO’s Chinese rivals merge | Daily Brief
03/12/2020|12:11:00 AM|
Cathay Pacific expects "substantial" loss in the first half of the year; Tokyo Disney extended shutdown to April.
OTA chief cuts salary; event cancellations cost $1B | Daily Brief
03/11/2020|12:24:19 AM|
The direct economic loss from the cancellation from nine major tech conferences already surpassed USD 1 billion; A Disneyland Paris maintenance worker tested positive for coronavirus.
Booking withdraws first-quarter guidance due to worsening virus impact
03/10/2020|12:22:33 PM|
The company believes it has "a strong operating model and solid balance sheet" to weather this disruption.
Global OTA fires China director; OYO cuts 60% of China staff | Daily Brief
03/04/2020|11:17:56 PM|
Airbnb’s plan for public listing this year is at risk of slipping into 2021; China's ski industry may lose USD 1.1 billion.
Booking.com's China head steps down, business unit restructured
03/04/2020|7:45:17 PM|
The independent China business unit will be restructured and will report to the Asia Pacific and global leadership.
Amadeus sees a 7%-10% drop in daily boarded passengers in February
02/29/2020|12:41:14 AM|
The GDS giant estimates that the airline industry excluding China will post a 1% rise in traffic.
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