Pandaily has learned from sources that Airbnb is going to stop its operations in mainland China on July 30 and will lay off about 60 local employees.
At the Universal Beijing Resort on Tuesday, a young man showed the Transformers Megatron the middle finger as he approached the character, which sparked immediate discussion after videos of the incident were posted online.
Trip.com’s application for the transfer of 100% equity of Shanghai Oriental Huirong Information Technology Service Co., Ltd. was officially approved by the People’s Bank of China on Monday.
Chinese are the largest tourist demographic on earth, and as China and many other countries keep their borders closed, companies servicing this massive body of travelers are experiencing enormous losses.
Chinese mobile payments have made new moves in going abroad. On March 15, Ant Financial’s Alipay platform entered the markets in Cambodia, Laos, the Philippines and Burma to serve Chinese tourists.