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Trip.com Group Celebrates 25 Years of Unforgettable Journeys with Customers and Partners

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SINGAPORE, Oct. 28, 2024 /PRNewswire/ — Trip.com Group is marking a significant milestone—25 years of innovation and leadership in the travel industry. From its humble beginnings in 1999, the company has evolved to become a global powerhouse, committed to the pursuit of creating the perfect trip for millions around the world.

Today, Trip.com Group is one of the largest and most innovative online travel agencies globally, with an estimated Gross Merchandise Value (GMV) of $160 billion in 2023.

“In 25 years, we have grown from a team of just a handful of employees to an international company, with a workforce of more than 30,000 professionals. I would like to express my heartfelt gratitude to all my colleagues, past and present, for their invaluable contributions to Trip.com Group and the industry,” remarked Trip.com Group Co-founder and Executive Chairman of the Board James Liang.

“Together, we have consistently innovated to make travel more accessible and efficient for hundreds of millions worldwide, transitioning from online to mobile-first, and now, as we embrace emerging technologies like AI which promise to transform the travel experience, we look forward to writing the next chapter of our story.”

Celebrating 25 Years: New Features and Rewards

As part of the anniversary celebrations, Trip.com, one of the flagship brands under the Group, has introduced a major upgrade to its membership program, offering enhanced benefits for loyal users and a more optimised upgrade system. This provides travellers with higher-value perks and enhanced services as they move up the rewards tiers, including free VIP airport lounge access, complimentary global e-SIMs, and airport transfer upgrades.

The newly launched Diamond+ is the latest level added to the new rewards program, providing members with exclusive services such as premium customer support and rewards like free attraction tickets.

To complement this exciting new upgrade, Trip.com, celebrating its 7th anniversary this year, is introducing a Member Carnival Campaign. Until October 31st, users can earn additional Trip Coins by booking hotels or flights. Furthermore, Trip Coins can be used to redeem travel product coupons, available across a variety of products, including flights, hotels, attractions, and more*.

*Rewards can be viewed on the Trip.com app. Both the campaigns and gameplay initiatives are available in select markets. T&Cs apply.

Meanwhile, TripGenie, Trip.com’s AI-powered travel assistant, continues to revolutionise travel planning for users. Currently available in over 10 languages, it offers intuitive planning through advanced AI-driven recommendations. Not only can it suggest hotels, attractions and more, but it can also assist with route optimisation, itinerary management and sharing, hotel recommendations, and customer service enquiries.

All of this helps travellers book a seamless trip every step of the way. In 2024, TripGenie has received over 2.6 million unique views, an increase of over 120% compared to 2023.

Celebrating Recognition and New Initiatives

In 2024, Trip.com Group has been recognised as a leader in travel with numerous accolades. Notable mentions include Fortune Asia Future 30 and the Forbes China Best Employer Award.

The company is also committed to enhancing its capabilities for customers and partners. Today, it serves over 400 million users worldwide and operates in 39 countries and regions, offering services across 1.7 million global properties, over 600 airlines, and 1.4 million attractions.

This year, Trip.com Group has also launched new initiatives in various markets to further connect with customers and partners. These include a new office in Dubai, a new livestreaming centre in Bangkok, and the Shanghai Express layover tours in Shanghai.

Environmental, Social, and Governance (ESG) Initiatives

As part of its commitment to responsible growth, Trip.com Group also celebrates the first anniversary of its global childcare subsidy initiative, which has benefitted over 500 employees since its launch last year.

Trip.com Group continues promoting sustainability within the travel industry, highlighted in the second edition of the company’s latest Sustainable Travel Consumer Report. The report underscores the Group’s advocacy for more carbon-friendly travel options and the importance of working across the industry to achieve this goal.

Looking Ahead

As Trip.com Group marks 25 years of innovation, the company remains focused on charting new paths in travel, setting its sights on future growth through digital transformation, strategic partnerships, and continued dedication to its brands and customers around the world.

“As we celebrate 25 years of growth and innovation, we reflect on the vision, dedication, collaboration, and trust of our customers, partners and stakeholders that have shaped our journey. Over 400 million travellers and two million partners have joined us on our journey to pursue the perfect trip for a better world,” said Trip.com Group CEO Jane Sun. “We look forward to the exciting possibilities for innovation and partnerships to continue to redefine the way we travel.”

About Trip.com Group

Trip.com Group is a leading global travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group helps travellers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources, and an advanced transaction platform consisting of apps, websites and 24/7 customer service centres. Founded in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, Trip.com Group has become one of the best-known travel groups in the world, with the mission “to pursue the perfect trip for a better world”. Find out more about Trip.com Group here: group.trip.com.

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SOURCE Trip.com Group

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Fanttik Partners with Brooklyn Nets as Official Partner for DIY Tools and Automotive Solutions

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HOUSTON, Oct. 28, 2024 /PRNewswire/ — Fanttik, a leading provider of innovative DIY tools and automotive solutions, is thrilled to announce a multi-year partnership with the NBA’s Brooklyn Nets. designating the brand as the “Brooklyn Nets Official Partner for DIY Tools and Automotive Solutions.” beginning with the 2024-25 NBA season.

This partnership will see Fanttik’s branding prominently featured at Barclays Center during all Brooklyn Nets home games, with extensive visibility across digital signage.

As part of this dynamic collaboration, Fanttik will work closely with the Brooklyn Nets to engage fans through special events, exclusive promotions, and community-driven initiatives. This partnership is a testament to Fanttik’s commitment to delivering high-quality, user-friendly tools that empower consumers to tackle projects confidently.

“We are incredibly excited to partner with the Brooklyn Nets, a team that exemplifies innovation, teamwork, and excellence—values that are at the core of Fanttik’s mission,” said Bo Du, CEO of Fanttik. ” This partnership is a perfect alignment, and we look forward to building meaningful connections with the vibrant Brooklyn community through this exciting collaboration.”

Fanttik’s partnership with the Brooklyn Nets underscores the brand’s ongoing mission to provide top-tier tools and solutions that enhance everyday life while also engaging with communities in meaningful ways. As this partnership unfolds, fans can expect exciting activations and a host of opportunities to experience the best of both brands.

About Fanttik 

Fanttik is a premier provider of DIY tools and automotive solutions dedicated to innovation and quality. Since 2022, Fanttik has been a primary partner of 4 NASCAR drivers. Fanttik’s products have gained over 300 million video views on TikTok and successfully entered Costco. Fanttik continues to deliver products that make everyday tasks easier and more efficient. For more information, visit www.fanttik.com.

About BSE Global

BSE Global manages and operates Barclays Center, the Brooklyn Nets, its NBA G League team, the Long Island Nets, and its NBA 2K League affiliate, NetsGC. Through dynamic programming and operations, BSE Global creates engaging experiences for audiences worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fanttik-partners-with-brooklyn-nets-as-official-partner-for-diy-tools-and-automotive-solutions-302288355.html

SOURCE FANTTIK

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Dahua Technology Achieves International Cybersecurity Standards with CC EAL 3+ and BSI Certifications

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ROME, Oct. 28, 2024 /PRNewswire/ — At its 6th Partner Day in Italy, Dahua Technology received the Common Criteria (ISO/IEC 15048) EAL 3+ certificate, along with ISO/IEC 27001 for Information Security Management System, ISO/IEC 27701 for Privacy Information Management System, and CSA STAR certifications. These achievements further strengthen Dahua’s comprehensive security measures and adherence to global standards, demonstrating its ability to meet top international cybersecurity standards in today’s digital environment.

Dahua’s IPC series products have received the CC EAL3+ certificate, reflecting Dahua’s comprehensive security measures throughout its product development lifecycle. The evaluation activity was performed by Brightsight, a licensed cybersecurity laboratory, and the certificate was issued by the Netherlands Scheme for Certification of IT Security (NSCIB). Common Criteria (CC) is a globally recognized standard for evaluating the security features of IT products and systems. The CC EAL3+ certificate reinforces Dahua’s commitment to robust protection against potential security threats and highlights its proactive approach in safeguarding the entire operations process—from research and development to manufacturing and delivery.

The ISO/IEC 27001 certification, issued by British Standards Institution (BSI), confirms that Dahua has established a comprehensive information security management system to protect sensitive information from potential risks. This reflects the company’s commitment to managing information securely and effectively. The ISO/IEC 27701 certification extends this framework to privacy information management, attesting that Dahua’s systems are capable of effectively managing personal data in compliance with international privacy regulations.

Additionally, the CSA STAR (Cloud Security Alliance Security, Trust & Assurance Registry) certification recognizes Dahua’s capabilities in securing cloud services. It reflects the company’s adherence to best practices in cloud security, ensuring that its cloud-based solutions (e.g. DoLynk Care, DMSS, WiLynk, etc.) meet stringent standards for protecting sensitive information.

“These certifications highlight the advanced security measures we’ve implemented across all stages of our operations,” said Kevin Chen, President of Dahua WEU. “As the digital landscape evolves, we are fully committed to maintaining the highest standards of cybersecurity, continually strengthening our systems, and delivering secure, reliable solutions to our customers and partners globally.”

Under the theme “Think Alike, Grow Together,” the Partner Day event has brought together industry leaders, partners, and experts to explore new opportunities in the AIoT landscape. By fostering closer ties with its partners, Dahua continues to enhance its offerings, ensuring that both innovation and security remain at the forefront of its product development.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/dahua-technology-achieves-international-cybersecurity-standards-with-cc-eal-3-and-bsi-certifications-302288361.html

SOURCE Dahua Technology

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SiC prices plunge as Chinese capacity soars, reshaping semiconductor landscape

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TAIPEI, Oct. 28, 2024 /PRNewswire/ — Silicon carbide (SiC) once thrived amid substrate shortages. However, according to the news report from the technology-focused media DIGITIMES Asia, 2024 saw a significant shift where Chinese manufacturers dramatically ramp up production, resulting in a collapse of prices for mainstream 6-inch substrates and a steep decline in 8-inch prices.

China holds a dominant position in the two major application areas for SiC—EVs and solar panels. The Chinese government is aggressively pursuing semiconductor self-sufficiency, raising concerns about the future viability of non-Chinese systems. Taiwanese companies, which have been slower to develop, may navigate this crisis of excess SiC materials, but they face a mixed bag of opportunities and challenges, particularly with the looming threat of large-scale, low-cost competition from China.

Doris Hsu, chairperson of Sino-American Silicon Products (SAS) and GlobalWafers, admitted that the changes in the SiC industry this year were unexpected, particularly due to substantial capacity increases from Chinese manufacturers driving prices to unprecedented lows.

Hsu analyzed the landscape through two lenses: geopolitics and the characteristics of the SiC industry. She believes that this is a pivotal moment for Taiwanese manufacturing to assert its advantages. Geopolitically, the US, Europe, and Japan are actively seeking to reduce reliance on Chinese suppliers, making it less likely that SiC will follow the trajectory of solar energy. These regions are looking for allies to create a more balanced ecosystem, and they see potential in Taiwan.

Taiwanese companies boast stable quality and reliability, and their established presence in silicon-based (Si) semiconductor markets is well-recognized globally. The rigorous manufacturing standards seen in these sectors can be applied to SiC. In terms of product performance and cost-effectiveness, Taiwanese firms generally outshine their European, American, and Japanese counterparts, though the latter still maintain irreplaceable advantages in specific applications, suggesting a complementary approach could yield optimal results.

From an industrial perspective, Hsu emphasized that the SiC sector differs from solar energy and LED sapphire. In solar modules, if one cell malfunctions, the remaining cells can still function, resulting in a reduced power output. Conversely, SiC primarily serves medium- to high-voltage power demands, making its role crucial as power grids adjust to increasingly volatile electricity inputs. Safety is paramount in automotive applications, and any compromises are unacceptable. Errors in industrial-grade power networks can lead to significant economic losses from sudden outages, while automotive standards prioritize driver and pedestrian safety, exposing Tier 1 suppliers and automakers to substantial liabilities.

Consequently, many mid to high-end Chinese electric vehicles continue to favor SiC components from international integrated device manufacturers (IDMs), even while adhering to government policies. These manufacturers must prioritize safety and reliability, requiring effective testing and validation before incorporating SiC components into vehicles. No automaker or utility would willingly accept the substantial risks associated with a single SiC component threatening their operations.

In summary, the SiC industry must focus not only on material prices but also on meeting customer expectations for quality and reliability. Currently, SiC substrates are experiencing temporary irrational low prices due to supply-demand imbalances. Despite this, Hsu recognizes the scale and cost-competitive strengths of Chinese SiC manufacturers, predicting that other supply chains, including Taiwan’s, will struggle to match their cost-effectiveness. As SiC substrate prices continue to fall, the range of applicable sectors is set to expand, moving beyond just electric vehicles and solar modules.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sic-prices-plunge-as-chinese-capacity-soars-reshaping-semiconductor-landscape-302288377.html

SOURCE DIGITIMES ASIA

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