China’s birth rate just hit its lowest point since 1949—and Trip.com cofounder James Liang thinks that’s a threat to innovation “We need more people to innovate.” Fortune · Jul 7
Marriages in China drop to record low despite government push Number of couples tying knot fell 800,000 in 2022 amid birthrate ‘crisis’ The Guardian - UK · Jun 14, 2023
Why Trip.com Shares Are Surging Today Trip.com Group Ltd (NASDAQ:TCOM) said its first-quarter FY22 sales remained flat year-on-year at RMB4.1 billion ($649 million). Net revenue decreased by 12% Q/Q. The sequential decrease was caused by the impact of the latest wave of COVID-19 resurgence in China. Accommodation reservation revenue fell 8% Y/Y, transportation ticketing increased 10%, packaged tours revenue… Benzinga · Jun 28, 2022
Chinese Social Media Weibo Bans Another Business Leader After He Questions China's Zero Covid Policy Weibo Corp (NASDAQ:WB) banned Trip.Com Group Limited (NASDAQ:TCOM) co-founder and Chair James Liang for alleged violation of laws, Reuters reports. The social media company neither elaborated on the violation nor cited the reasons behind the ban. Liang had recently questioned the wisdom of the country's zero-COVID strategy as the country's Presidential election draws closer. Also… Benzinga · May 24, 2022