Amorepacific and CDFG focus on the Hainan travel retail market, which is now recovering quickly with triple-digit sales growth.
RV orders doubled in June from the same period last year on the RV2Go platform, which has rental sites in over 30 cities nationwide and holds more than 60% market share.
The number of daily railway trips exceeded 11 million for nine consecutive days during the travel rush.
Working closely with Grab would enable Alibaba to strengthen its e-commerce operations in SEA and build a broader payments and commerce ecosystem, like WeChat Pay has in China.
Hong Kong reveals travel bubble talks with countries like Japan, Thailand, Germany; China Duty Free Group expands in Sanya with new airport joint venture.
Moovit is a mobility-as-a-service platform that has more than 800 million users and services across 3,100 cities and 102 countries.
Getaround and the broader car-sharing industry had been facing challenges even before the pandemic.
A source told ChinaTravelNews that Klook spent less than USD 10 million in its acquisition of Huizhuche, a price tag much lower than the car rental firm's claimed value after its series B round.
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