Tongcheng-Elong Operating Revenue Down 43.6% In Q1 2020

Chinese online tourism service provider Tongcheng-Elong recently published its financial report for the first quarter ended March 31, 2020, stating that the company's operating revenue was CNY1.005 billion, a year-on-year decrease of 43.6%; and its adjusted profit was CNY78.1 million, a year-on-year decrease of 82.6%. According to the report, the company's accommodation reservation service revenue […]

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