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Posted inHeavy Hitters

China Tech Talk 60: How to make a billion dollar company in China with Fritz Demopoulos

by John Artman Oct 12, 2018Jun 7, 2020

John and Matt talk with Fritz Demopoulos, founding partner of Queens Capital, about his journey at Qunar.

virus outbreak 2019-nCov coronavirus epidemic China travel platform refund cancel Bejing Wuhan Ctrip Qunar tourism
Posted inHeavy Hitters

China’s travel platforms gear up for increased domestic tourism

by Chris Udemans Mar 23, 2020Mar 23, 2020

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.

trip.com ctrip qunar skyscanner covid-19
Posted inHeavy Hitters

Trip.com is offering heavy discounts to reignite travel demand

by Emma Lee Jun 23, 2020Jun 23, 2020

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.

trip.com ctrip qunar skyscanner covid-19
Posted inHeavy Hitters

Trip.com Q1 revenues to plunge by half on suspended travel

by Emma Lee Mar 19, 2020Mar 23, 2020

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.

Covid-19 Travel
Posted inHeavy Hitters

Travel in China creeps back as Covid-19 cases ease

by Emma Lee Feb 28, 2020Mar 17, 2020

China’s online travel platforms have seen transportation and hotel reservations rise as the Covid-19 epidemic shows signs of leveling off.

baidu debt offering notes
Posted inHeavy Hitters

Baidu to sell $1 billion stake in online travel service Ctrip

by Chris Udemans Sep 27, 2019Mar 17, 2020

Baidu has seen its profits slump amid increasing competition and government regulation.

virus outbreak 2019-nCov coronavirus epidemic China travel platform refund cancel Bejing Wuhan Ctrip Qunar tourism
Posted inHeavy Hitters

MEITUAN IN FOCUS | A matter of timing

by Nicole Jao and Emma Lee Mar 18, 2020May 28, 2021

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.

virus infection coronavirus mask
Posted inOn the Cusp

Chinese tech firms brace for impact from coronavirus

by Emma Lee Jan 22, 2020Jul 13, 2021

The new coronavirus outbreak is pressuring share prices for China’s biggest tech companies including Alibaba, JD, Baidu, and Ctrip.

e-commerce
Posted inHeavy Hitters

The Big Sell | Regulators target price discrimination

by Emma Lee and Wei Sheng Jul 15, 2021Jul 15, 2021

Chinese regulators are about to get a lot more involved in how e-commerce brands set prices, in a crackdown on a practice called price discrimination.

Meituan, delivery
Posted inHeavy Hitters

From Groupon clone to China’s largest lifestyle services provider

by Emma Lee and Nicole Jao Dec 4, 2019Jun 29, 2021

Meituan forays into ride-hailing and bike-rental services have been expensive gambits that haven’t yet paid off, but it has seen success in other efforts.

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