Group first global travel group to be dual listed in Hong Kong and US

20 two a long time immediately after its founding, and 14 months soon after its business was crushed by the pandemic, Group formally detailed on the Hong Kong Inventory Exchange nowadays (9961.HK), turning out to be the 1st worldwide travel team to be dual shown on the Hong Kong Stock Exchange as perfectly as the NASDAQ inventory exchange in the US (TCOM).

It states it programs to use the internet proceeds from this listing
to fund the expansion of its just one-quit vacation choices
and strengthen person encounter, make investments in technologies to bolster its top sector
placement in products and solutions
and services and strengthen its running performance, and for normal
company purposes and operating
money needs.

James Liang: A 22-year journey

In the livestreamed ceremony in Shanghai to mark the occasion, James Liang, co-founder and chairman of the board, claimed, “22 year in the past, we began in a 40m2 place of work with only a handful of personnel. Today, we have tens of countless numbers of staff around the world. It is my honour to have our agent end users strike the gong and open up investing on this momentous occasion. I want to thank every single one shopper, husband or wife, sponsor and traveller who has supported us through our 22 calendar year journey.”

In the 22 many years from 1999 to 2021, Group has developed from 784 registered customers on a one system at its inception to owning and operating a vary of major travel providers platforms with hundreds of hundreds of thousands of people around the world.

Talking at the listing celebrations, Jane Sunshine, chief executive officer of Group, said, “By becoming dual-shown in the US and Hong Kong, we are ready to have a definitely international supplying that improved demonstrates our intercontinental existence and outlook … we search ahead to ushering in the world travel revival and attaining much more with each other.”

From the onset of the world pandemic Team has performed an lively purpose in supporting travellers and associates all over the planet. In June 2020, the journey team released its Travel On initiative to present important support to partners and rollout a series of personalized vacation products and solutions and companies to permit and inspire travel. Group’s efforts to kick-get started the protected return of global travel include things like introducing the Protected Travels protocol with the Planet Journey & Tourism Council, the launch of the company’s COVID-19 Global Traveller’s Guideline, and its the latest announcement on becoming a member of forces with the Prevalent Project Foundation and Earth Economic Forum to co-build initiatives that enable safer cross-border travel. Group lately unveiled its options to strengthen its material ecosystem and lover marketing abilities with the start of its new travel marketing approach made to let suppliers to expand and greatly enhance their marketing functions on Group platforms.

This newest go coincides with the travel group’s dedication to creating a just one-quit vacation system, integrating differentiated vacation material, driving massive targeted traffic volume and offering in depth vacation products to fulfill the evolving needs of the post-pandemic traveller and more support associates.

Next Post

Cleartrip sale to Flipkart inevitable, as Covid crushes travel and marketplaces seize moment to enter vertical

IN many ways, the proposed acquisition of Cleartrip by Flipkart, acknowledged as the “Amazon of India” was inevitable – unavoidable because the pandemic has no doubt devastated the 15-12 months-previous company’s India business, leaving it susceptible, and inescapable mainly because of the ambitions of e-commerce marketplaces to get into the […]