Connect with us

Technology

Fliggy Reports Strong Growth as 22 Top Brands Surpass RMB100 Million in Sales During Double 11

Published

on

Platform drives significant rise in transactions and expands user base amid challenging market conditions

HANGZHOU, China, Nov. 12, 2024 /PRNewswire/ — Fliggy, a leading online travel platform and wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988), has posted strong growth during the 2024 Double 11 shopping event, marking a standout finish to this year’s Global Travel Festival. The platform reported robust double-digit year-on-year sales growth, with a 40% increase in the number of shoppers and 22 brands generating over RMB100 million in gross merchandise value (GMV).

As of midnight on November 12, the GMV for reserved promotional items increased by nearly 90% compared to last year, indicating a faster pace of bookings. Fliggy’s official content-driven sales channels, including its Fliggy Super VIP livestream, performed strongly, with 19 individual products exceeding RMB10 million each.

Zhuoran Zhuang, CEO of Fliggy, said, “Our strong performance during Double 11 underscores our commitment to enhancing the travel experience for consumers and empowering tourism businesses. Despite a challenging market, we’ve delivered robust and high-quality growth. By continuously innovating our systems and marketing tools, we provide greater value to both travelers and partners, reinforcing our role as more than just a traditional online travel agency (OTA). This year’s record-breaking achievement reflects the trust we’ve earned from our clients.”

“Buy Now, Plan Later” drives growth

The “Buy Now, Plan Later” model – where consumers purchase travel products for future use without committing to immediate travel dates or visa arrangements at the time of purchase – emerged as the dominant trend in tourism. This year’s Double 11 event saw a 40% increase in the number of shoppers compared to last year, with new users making up about one-third of the total number of shoppers.

Fliggy reported record-breaking sales across a wide array of travel products. Nearly 1 million flexible “All You Can Fly” tickets and multi-trip flight passes were sold, along with nearly 3 million hotel packages and over 1.1 million amusement park tickets and leisure packages. New offerings, including RV travel passes, car charter tours, Arctic cruises, and hotel stays across 32 global cities, further bolstered the platform’s growth. These products spanned nearly 200 countries and regions, from domestic destinations like Nujiang in Yunnan to Bomi in Tibet, and from Svalbard in Norway to Queenstown in New Zealand.

Outbound travel, in particular, saw strong demand, with Fliggy data revealing that the share of outbound travel products in this mega campaign increased by 30% year-on-year. Popular destinations included Hong Kong SAR, Japan, Macau SAR, Thailand, South Korea, Malaysia, US, Singapore, Vietnam, and Australia. Meanwhile, Iceland, Turkey, Cambodia, Fiji, and France were among the fastest-growing destinations compared to last year.

Fliggy’s success during Double 11 also highlighted the appeal of its “Buy Now, Plan Later” offerings. As of midnight on November 12, the platform reported a nearly 90% year-on-year surge in GMV for reserved promotional products. High demand has been evident across popular theme parks, with Shanghai Disney Resort, Beijing Universal Resort, and Universal Studios Japan all seeing significant increases in reservation rates. Some tour activities have reached booking rates of nearly 50%, while flight passes are also experiencing strong demand. For example, China United Airlines’ seasonal unlimited one-way tickets have seen reservations top 40%. Car rental pass bookings have risen sharply, while hotel packages are seeing a notable uptick, with bookings for ski resorts approaching one-third of total reservations.

A strong season for merchants

Fliggy’s Double 11 event sets a new benchmark for merchant success. This year, a record 22 major brands – 8 more than last year – surpassed RMB100 million in GMV. These included Shanghai Disney Resort, Beijing Universal Resort, Chimelong Tourist Resort, Songtsam, Hong Kong Disneyland, and major hotel groups like Marriott, Wanda Hotels & Resorts, New Century Tourism Group, Hilton, Hyatt, IHG, Banyan Group, Accor, Club Med, Senbo Resort, as well as airlines such as Air China, China Eastern Airlines, China Southern Airlines, Loong Air, Sichuan Airlines, All Nippon Airways (ANA), and Qatar Airways.

Fliggy capitalized on the momentum by offering dynamic pricing products with set purchase and redemption dates, which quickly gained traction. The platform partnered with major brands, including 40 airlines – such as Air China, China Eastern Airlines, China Southern Airlines – and over 6,000 hotel brands, including Marriott, Hilton, Accor, Hyatt, Wanda, and Narada to offer flash sales, with some offering deals starting at RMB1 and additional loyalty points. The strategy proved successful, with Fliggy recording a 120% year-on-year increase in GMV for hotel bookings and an approximately 70% rise in conversion rates.

Double 11 solidifies its role in tourism

For travel businesses, the Double 11 event and the “Buy Now, Plan Later” model have become essential tools for customer acquisition and revenue growth during the off-season. Beyond immediate sales, these initiatives help travel companies manage inventory and generate medium- to long-term customer insights, improving operational decision-making and product offerings.

This year’s Double 11 event has reinforced Fliggy’s position as a key player in the travel industry. With its combination of innovative offerings, a customer-centric approach, and extensive partnerships, Fliggy is poised to continue to lead the way in the global tourism market.

About Fliggy

Fliggy is a wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter)), and is one of the leading online travel platforms in China. Fliggy places a strong emphasis on innovation in its products and services, catering to the increasingly personalized and diversified needs of consumers in both China and overseas markets.

Leveraging Fliggy’s advantage as part of the Alibaba ecosystem, merchants can benefit from the vast user base within the Group. Fliggy also collaborates with partners through a full-service management format, helping more merchants, especially small and medium-sized ones, easily and efficiently share opportunities enabled by digitalization.

Fliggy’s long-term strategy is to promote the digital transformation of the tourism industry, using an open platform and mechanisms to help the industry make better use of digital business infrastructure for their operations.

Media Contacts

Fliggy
FliggyMedia@alibaba-inc.com

Paradigm Consulting
Rebecca Liu
fliggy@paradigmconsulting.com.hk
+852 6036 5060

View original content:https://www.prnewswire.com/apac/news-releases/fliggy-reports-strong-growth-as-22-top-brands-surpass-rmb100-million-in-sales-during-double-11-302302346.html

SOURCE fliggy

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

BitradeX BXC First Two Subscription Rounds Sell Out, Total Subscriptions Exceed 14M USDT

Published

on

By

LONDON, May 9, 2026 /PRNewswire/ — BitradeX Capital’s ecosystem equity token, BXC, has completed its first and second subscription rounds, selling a total of 50 million BXC with subscriptions exceeding 14 million USDT. The first round sold out in 90 seconds, while the second closed within 48 hours.

While the fundraising size is not unusually large by crypto standards, the structure of the sale has attracted market attention. The first two rounds were not open to the public, but limited to high-tier BitradeX users. The first round was available only to V5 users and above, while the second round expanded access to V3 users and above.

According to BitradeX’s tier system, V3+ users typically have higher recurring investment activity through AiBot, longer platform usage history, and stronger ecosystem participation. This means the early BXC allocation was absorbed mainly by the platform’s internal high-value user base, rather than short-term speculative participants.

This approach differs from many token fundraising campaigns that prioritize broad public participation and market hype. BitradeX instead adopted a more selective, staged model, gradually lowering the participation threshold while keeping the sale within its active ecosystem community.

BXC is positioned as more than a standard platform token. Its value framework is linked to BitradeX Capital’s broader ecosystem, including its exchange business, AiBot quantitative strategies, BTX Card payments, and Labs incubation platform. Public information indicates that BXC holders may receive staking rewards, benefit from ecosystem buybacks and burns, and gain priority access to Launchpad projects and governance participation.

The third subscription round is launched on April 30 at $0.35 USDT per BXC, with a total supply of 100 million BXC. It is now open to users participating in AiBot recurring investment. The fourth round price is expected to rise to $0.45 USDT.

The long-term value of BXC will ultimately depend on the growth of BitradeX’s underlying businesses, including exchange profitability, AiBot user expansion, and BTX Card adoption. However, the rapid sellout of the first two rounds suggests that BitradeX’s core user base has already shown strong confidence in the ecosystem’s future.

View original content:https://www.prnewswire.com/news-releases/bitradex-bxc-first-two-subscription-rounds-sell-out-total-subscriptions-exceed-14m-usdt-302767467.html

SOURCE BitradeX Capital

Continue Reading

Technology

South and East Asia identified as hotspots of global warming related impacts on male fertility

Published

on

By

BEIJING, May 9, 2026 /PRNewswire/ — A major new study has shown that South and East Asia dominate patterns of global warming related decline in male fertility with the strongest and most consistent evidence coming from India, Pakistan and the southern parts of China.

The effects of increased environmental temperatures on male reproductive health include declining sperm concentration and motility and increased sperm DNA fragmentation, or genetic damage that can hinder fertilisation and embryo development.

Male related factors account for around 50 per cent of infertility cases around the world and the impact of rising ambient heat on semen parameters raises serious implications across wide areas of Asia where total fertility rates are in serious decline.

Outcomes of the study undertaken by the Taiwan IVF Group and Ton Yen General Hospital, Taiwan (China) in collaboration with Stanford University (USA) are being presented at the 2026 Congress of the Asia Pacific Initiative on Reproduction (ASPIRE) in Beijing.

Research principal and Adjunct Clinical Assistant Professor at Stanford University, Dr Jack Yu Jen Huang, MD, PhD, FACOG said: “Given the temperature sensitivity of spermatogenesis, even modest increases in ambient temperature could have cumulative, population-level effects over time.

“As global warming accelerates, male reproductive health may represent an emerging climate sensitive public health concern.”

The testes function optimally at temperatures lower than the internal body heat level, and previous studies have shown elevated scrotal or ambient temperatures can impair sperm production.

The latest research explored global patterns to reveal comparative data across regions. It is based on a systematic review of international studies on temperature exposure and semen parameter trends between 2000 and 2024. Artificial intelligence algorithms and machine learning tools were applied to extract key variables including geographic regions and semen outcomes.

Dr Huang said studies examining occupational heat exposure alone were excluded from the analysis as they reflected localised, job-specific conditions rather than broader climatic trends.

“Our findings therefore represent population level climate associated temperature effects including consistent seasonal variations showing poor semen quality parameters in warmer periods.”

The global patterns on temperature associated lower sperm concentration and motility show South and East Asia as major hot spots of concern followed by the Middle East, Europe and North America.

“South and East Asia are likely more affected due to a combination of factors including higher baseline ambient temperatures and rapid urbanisation that contribute to greater cumulative heat stress on spermatogenesis,” Dr Huang explained.

“With ongoing global warming, chronic heat exposure may increasingly impact male reproductive health.”

Dr Huang said potential approaches to address the issue include:

increasing public awareness of heat exposure and reproductive health;encouraging protective behaviours;expanding research integrating climate and reproductive health data; andexploring clinical and lifestyle interventions to mitigate heat-related effects.

The research team was assisted by research intern Jeffrey Zi Kang Huang from Taipei American School, particularly in the application of artificial intelligence in biomedical research including AI-assisted data analysis and pattern recognition across global datasets.

“Further longitudinal and mechanistic studies will be important to better define causality and guide interventions,” he added.

The ASPIRE Congress is being held at the China National Convention Centre in Beijing. More than 3,000 scientists, clinicians, nurses and counsellors in assisted reproduction from around the world are attending the Congress.

For further information, go to https://www.aspire2026.com

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/south-and-east-asia-identified-as-hotspots-of-global-warming-related-impacts-on-male-fertility-302767469.html

SOURCE ASPIRE

Continue Reading

Technology

eclicktech Attends Amazon Ads unBoxed 2026, Highlighting Four Key Trends Shaping AI-Driven Global Marketing

Published

on

By

SHENZHEN, China, May 9, 2026 /PRNewswire/ — Amazon Ads recently hosted its annual flagship event, Amazon Ads unBoxed 2026, in Shenzhen, bringing together advertisers, agencies, and technology partners to explore the next phase of AI-powered marketing innovation. This year’s event focused on how AI is reshaping the advertising ecosystem through advancements in audience targeting, creative production, campaign management, and measurement capabilities.

Yeahmobi, the global marketing brand under eclicktech and an Amazon DSP validated partner, attended the event alongside industry leaders and ecosystem partners to discuss emerging opportunities for international brand growth in an increasingly AI-driven media environment.

During the conference, Amazon Ads introduced a series of product and solution updates across four major areas:

Advanced audience targeting powered by Amazon’s first-party data infrastructure to help brands reach high-intent consumers more effectively;AI-assisted creative production designed to improve content efficiency and support personalized advertising at scale;Intelligent campaign management tools aimed at simplifying cross-channel advertising workflows;Enhanced measurement and attribution capabilities to provide advertisers with clearer visibility into campaign performance and return on investment.

According to Yeahmobi, Amazon DSP is evolving beyond a standalone programmatic buying platform into a broader marketing infrastructure supporting the full customer journey, from brand awareness to conversion.

Since becoming an Amazon Ads partner, Yeahmobi has developed integrated advertising solutions spanning awareness, audience engagement, and conversion optimization. The company stated that it has supported brands across sectors including cross-border e-commerce, consumer electronics, AI applications, and financial services in scaling their global advertising efforts through Amazon DSP.

At the event, Yeahmobi also showcased its proprietary advertising management platform, Yeahgrowth, which integrates campaign management, data analytics, and performance optimization capabilities to support centralized multi-platform operations and improved campaign visibility.

“AI is fundamentally reshaping how brands approach global growth,” said William Liu, General Manager of Yeahmobi. “We see Amazon Ads as a strategically important part of the global marketing ecosystem. Our focus is not only on media execution, but also on building scalable growth infrastructure through deeper API integration, AI-driven optimization, and data collaboration.”

Yeahmobi stated that it will continue expanding its collaboration with Amazon Ads to support brands navigating increasingly complex global media environments.

About Yeahmobi
Yeahmobi is a global marketing brand focused on helping businesses achieve international growth through digital advertising, data-driven operations, and AI-powered marketing solutions.

Forward-Looking Statements
This press release contains forward-looking statements. Actual results may differ materially due to various risks and uncertainties. The company undertakes no obligation to update any forward-looking statements.

 

View original content:https://www.prnewswire.com/news-releases/eclicktech-attends-amazon-ads-unboxed-2026-highlighting-four-key-trends-shaping-ai-driven-global-marketing-302767470.html

SOURCE Yeahmobi

Continue Reading

Trending