Day: June 13, 2020

TravelFlan raising $12m to expand, buys OTA in Beijing, lining up Seoul

Subsequent its Series A increase of US$7m previous December, Hong Kong-based mostly TravelFlan, a journey and way of living AI-digital alternative startup, is in the midst of boosting an supplemental US$12m to increase throughout Asia. To day, the company has elevated much more than $nine.nine million.

Mentioned Abel Zhao, who  co-founded the company in 2016 with Kenneth Lee, “Our new round is progressing as prepared in comparison to prior rounds, the most significant problem is that it is hard to fulfill potential buyers encounter-to-encounter.”

Hence much, it has obtained an OTA in Beijing, referred to as Beijing JuXingZiZai Intercontinental Travels

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Some corporate travel may not return, buyers and TMCs invest in tech for a new future

The fact is sobering. It is likely to consider a although for corporate travel to get back again up, in particular that of the important multinationals. SMEs, perfectly, that is a distinct story for another day.

Benjamin Concepcion: Novartis has invested substantially in IT to empower conferences and events to through this interval.

Novartis, for instance, is not allowing global travel for interior conferences for the relaxation of the yr. Benjamin Concepcion, world wide head of travel operations, claimed, “If a traveller demands to travel internationally, if they are relocating, or there is a important small business need, then there

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Streaming video trends for advertisers

Brian Albert is Google’s controlling director of agency and brand name options in the U.S., top teams that negotiate once-a-year partnership discounts with brands and agencies to enable them plan and execute more successful online video adverts and content material. Listed here he shares his perspective on navigating the online video streaming increase.

I commit a ton of my time wondering about online video: how advertisers can make the most of online video platforms, what tends to make an successful online video ad, and how behavioral shifts change the way people today view. From my perspective, we’re entering a very

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Old Dominion Freight Lines: It’s About the Price

It’s a corporation with a great deal of eco-friendly unfold all-around its fiscal strength and profitability tables. But the valuation ratio is in the dumps. What is a worth trader to believe?

ODFL financial strength, profitability and valuation

The corporation is Previous Dominion Freight Traces Inc. (NASDAQ:ODFL), just one of the greatest trucking companies in the United States. Extra specially, it is a much less-than-truckload carrier, hauling for prospects that never have hundreds major enough to fill a freight-truck trailer.

As these types of, it competes with companies these types of as FedEx Freight (NYSE:FDX) and UPS Freight (NYSE:UPS). Previous Dominion has claimed it is the

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US Indexes Rebound Friday –

The Dow Jones Industrial Ordinary shut at twenty five,605.54 on Friday with a get of 477.37 factors or 1.ninety%. The S&P 500 shut at three,041.31 for a get of 39.21 factors or 1.31%. The Nasdaq Composite shut at nine,588.81 for a get of ninety six.08 factors or 1.01%. The VIX Volatility Index was reduce at 36.09 for a decline of 4.70 factors or -eleven.fifty two%.

For the 7 days, the Nasdaq was down 2.three%, the S&P 500 was down 4.8% and the Dow Jones returned -5.6%. For the year, the Nasdaq is up 6.87%, the S&P 500 is down 5.86%

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