Chinese online travel service provider Qunar has been hit with a RMB 3,250 ($513) fine by the Beijing Human Resources and Social Security Bureau for requiring employees to work during official holidays, in the latest in a series of overwork scandals to hit Chinese tech companies. Qunar explained in a Monday response that it had obtained employee consent for the extra shifts which it said were necessary to address surging customer services demands during the pandemic. Chinese authorities rarely issue fines related to overwork, although the practice has drawn wide public ire following employee deaths at e-commerce giant Pinduoduo and streaming site Bilibili. [Sina, in Chinese]
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Posted inHeavy Hitters
China’s travel platforms gear up for increased domestic tourism
The growing interest in travel comes after two months of restrictions on mobility to control the virus that has killed nearly 3,300 people in China.
Posted inHeavy Hitters
Trip.com is offering heavy discounts to reignite travel demand
Trip.com, one of China’s biggest online travel agencies, introduced on Tuesday a range of initiatives in an effort to revitalize its core business after Covid-19 lockdowns.
Posted inHeavy Hitters
China Tech Talk 60: How to make a billion dollar company in China with Fritz Demopoulos
John and Matt talk with Fritz Demopoulos, founding partner of Queens Capital, about his journey at Qunar.
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Travel in China creeps back as Covid-19 cases ease
China’s online travel platforms have seen transportation and hotel reservations rise as the Covid-19 epidemic shows signs of leveling off.
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Trip.com Q1 revenues to plunge by half on suspended travel
Chinese online travel giant Trip.com warned in its fourth quarter results that Q1 revenue will fall by half due to negative effects brought by Covid-19.
Posted inTechNode Insider
How will China spend during Spring Festival 2021?
Spring Festival consumption is likely to remain strong in 2021, as consumers shift to online purchases and livestream.
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Baidu to sell $1 billion stake in online travel service Ctrip
Baidu has seen its profits slump amid increasing competition and government regulation.
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MEITUAN IN FOCUS | A matter of timing
How will online travel fare in China in 2020? It doesn’t help that the virus forced mass cancelations at the busiest time of the year.
Posted inOn the Cusp
Chinese tech firms brace for impact from coronavirus
The new coronavirus outbreak is pressuring share prices for China’s biggest tech companies including Alibaba, JD, Baidu, and Ctrip.
