Bookings open for 2025 Disney Asia cruises on its biggest ship, with Marvel rides and more

Bookings open for 2025 Disney Asia cruises on its biggest ship, with Marvel rides and more

Tickets for a voyage on board Walt Disney’s first Asia-based cruise ship go on sale this week, as the entertainment giant takes advantage of a tourism boom in Singapore to realise ambitious goals for its cruise business. Bookings for the Disney Adventure will open to the general public on December 10, a full year before … Read more

Alibaba, JD.com, Pinduoduo launch campaigns for Singles’ Day shopping festival on same day

Alibaba, JD.com, Pinduoduo launch campaigns for Singles’ Day shopping festival on same day

Taobao and Tmall Group, Alibaba’s domestic e-commerce business unit, launched at 8pm on Monday the presale stage of its promotion for Singles’ Day – also known as 11.11 or Double 11, referring to the shopping extravaganza originally observed on November 11 – as the company anticipates a record-high volume of users taking part in this … Read more

Chinese tech giants from ByteDance to Meituan see surge in ‘golden week’ consumer spending

Chinese tech giants from ByteDance to Meituan see surge in ‘golden week’ consumer spending

Chinese tech giants providing dining and travel-booking services saw consumer spending surge on their platforms during the “golden week” National Day holiday, according to data released by on-demand local services firms including Meituan and ByteDance-owned Douyin, the Chinese version of TikTok. During the first five days of the annual break, which ran this year from … Read more

Alipay sees surge in overseas travel transactions during China’s ‘golden week’ holiday

Alipay sees surge in overseas travel transactions during China’s ‘golden week’ holiday

Alipay, China’s leading mobile payment service operated by Ant Group, reported a surge in outbound and inbound tourism transactions during the mainland’s “golden week” National Day holiday, as consumer confidence appears to rebound following Beijing’s large-scale stimulus measures introduced ahead of that annual break. During the first four days of the holiday, which began last … Read more

China set to beat pre-pandemic travel levels during ‘golden week’ holiday

China set to beat pre-pandemic travel levels during ‘golden week’ holiday

China is expected to beat pre-pandemic levels of domestic travel during this year’s week-long National Day holiday. The “golden week” is typically one of the country’s busiest travel periods and, according to transport vice-minister Li Yang, this year is expected to see a total of 1.94 billion journeys during the holiday, which starts on Tuesday. … Read more

Internet investor Prosus fully exits Trip.com stake in US$743 million block trade

Internet investor Prosus fully exits Trip.com stake in US3 million block trade

Internet investing firm Prosus NV has fully cut its stake in Chinese online travel agency company Trip.com in a US$743 million block trade, according to people familiar with the matter, becoming the latest international investor to exit a Chinese tech company. Prosus sold 14.5 million shares in Trip.com at US$51.40 each in a block trade … Read more

Tencent unloads US$206 million in Futu shares amid China’s economic stimulus push

Tencent unloads US6 million in Futu shares amid China’s economic stimulus push

Tencent Holdings is the seller behind a share sale of Chinese brokerage-platform operator Futu Holdings, according to people familiar with the matter, the latest that takes advantage of improving market conditions after Beijing unveiled economic stimulus. An unidentified shareholder raised about US$206 million after selling Futu’s American depositary shares at a 5.9 per cent premium … Read more

5 locations from Wong Kar-wai’s Blossoms Shanghai that are now tourist hotspots

5 locations from Wong Kar-wai’s Blossoms Shanghai that are now tourist hotspots

Such visual enticement, combined with the popularity of the series, has seen a 75 per surge in demand for tours to filming locations, reports Chinese travel giant Trip.com. A person takes a photo of The Fairmont Peace Hotel in Shanghai – formerly the Cathay Hotel featured in Blossoms Shanghai – together with a phone image … Read more

Alibaba’s DingTalk, miHoYo’s Honkai: Star Rail among Chinese apps launching on Apple Vision Pro headset

Alibaba’s DingTalk, miHoYo’s Honkai: Star Rail among Chinese apps launching on Apple Vision Pro headset

DingTalk, the work collaboration platform run by Chinese e-commerce giant Alibaba Group Holding, has launched a native app for Apple’s newly released Vision Pro headset, allowing users to send messages and hold video meetings in a three-dimensional virtual environment. DingTalk is among hundreds of apps and mobile games that have become available on the visionOS … Read more