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

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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

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Wrap Up Your Phone in Style with OtterBox

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-Sleigh the season with must-have holiday cases-

FORT COLLINS, Colo. , Nov. 25, 2024 /PRNewswire/ — Gearing up the holidays includes getting your phone ready for heavy travel and tons of photos. Prepare your most crucial travel companion for the holiday season with Symmetry Series Winter Collection and 2-in-1 Crossbody Straps, available now on otterbox.com.

Spread holiday cheer with Symmetry Series Winter Collection. These ultra-slim cases feature nutcrackers, holiday bows and a classic holiday plaid. Symmetry Series hugs your phone’s curves and features legendary OtterBox protection to keep your device safe all season long. These three new cases are perfect for getting into the holiday spirit and traveling in style.

Pair Symmetry Series Winter Collection with new 2-in-1 Crossbody Strap, available now. Symmetry Series for iPhone 16 devices have two built in connection points that act as accessory attach points. The crossbody is perfect for keeping your device close at hand during the holiday bustle. It features loops to easily connect keys and headphones when wearing as a crossbody or can be quickly converted into a wrist strap. The adjustable straps allow you to dial in the perfect length every time you wear it.        

OtterBox Symmetry Series Winter Collection and 2-in-1 Crossbody Strap are available now on otterbox.com and are 30% off through Thanksgiving.

About OtterBox:
From humble beginnings in a Fort Collins, Colo. garage, OtterBox now leverages more than 25 years of engineering and design expertise to develop protective products for all things mobile. It’s no surprise that OtterBox is the #1 most trusted smartphone case brand in the U.S. From ultra-rugged to sleek and stylish, OtterBox has you covered. 

Protect it. Style it. OtterBox it. 

At the center of every OtterBox innovation is a deeper goal to affect positive, lasting change. In partnership with the OtterCares Foundation, OtterBox gives back by inspiring kids to change the world through entrepreneurship and philanthropy. To learn more about this mission, visit otterbox.com/givingback

For more information, visit otterbox.com.

1Symmetry Series is NOT protective against water. Will provide added protection against drops and shock.

View original content to download multimedia:https://www.prnewswire.com/news-releases/wrap-up-your-phone-in-style-with-otterbox-302314872.html

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VTech® and LeapFrog® Capture Coveted Holiday Toy Honors for 2024

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These Toys Deliver Award-Winning Learning and Fun for Kids of All Ages

CHICAGO, Nov. 25, 2024 /PRNewswire/ — VTech® and LeapFrog®, industry leaders in electronic learning toys, today announced that several of their innovative products have received top industry awards for 2024. These accolades celebrate the brands’ dedication to creating high-quality, engaging toys that bring excitement to every playtime.

“We couldn’t be more excited to see VTech and LeapFrog toys shining on holiday lists this year!” said Karen Balduf, Vice President of Marketing, VTech Electronics North America. “These awards reflect our commitment to creating toys that deliver joy while fostering kids’ development, learning and exploration.”

Highlights of the award-winning products include:

VTech® Sort & Discover Activity Wagon™: Discover a wagon full of wonders! Kids will love pulling this interactive wagon filled with light-up buttons, cheerful sounds and shape-sorting blocks. With an engaging activity panel and colorful design, it’s perfect for little adventurers to explore and play. Spark their curiosity and watch them enjoy hours of imaginative discovery. This wagon is a delightful way to turn playtime into an exciting journey!VTech® Sandy Snacks-a-Lot™: It’s time for a snack! Hold up a snack piece for Sandy to sniff, then place it on her tongue when she opens her mouth. Listen to Sandy’s thoughts on different foods and see her belly light up based on what she eats. Pet her head or press her back buttons for phrases and songs about food, flavors, colors and axolotl facts. Easily store snacks inside Sandy’s tail when playtime is over for convenient cleanup.VTech® KidiZoom® Smartwatch DX4: This super-cool, splash-proof smartwatch is perfect for kids ages 4+. It features dual cameras, a large high-resolution screen and a premium metal body. Kids can play exciting activities, challenges and reaction games designed to get them moving. They can explore creativity with photo and video effects or make music with the composer app. With 50+ clock faces and a shake-to-hear time feature, it’s both fun and entertaining!VTech® Go! Go! Smart Wheels® Checkered Flag Motorized Track Set™: Race into excitement with this fun track set! Use the remote to control the RC Racer and challenge the Motorized Race Car. Zoom around thrilling turns and bends, with track switches adding surprises at every lap. Celebrate victories on the winners’ podium with fun role-play phrases. Explore interactive SmartPoint® spots for first words, songs and racing sounds. This engaging toy develops fine motor skills and offers endless racing fun for toddlers!LeapFrog® Get Ready for Phonics™ Spin & Learn: This interactive toy is designed to boost vocabulary and early reading skills for kids ages 18+ months. With colorful lights, sounds and fun illustrations, kids can explore word sounds and vocabulary through four engaging modes. Press the big red button to light up pictures and hear fun phrases. Flip through ten easy-turn pages featuring playful scenes and characters. It’s a fun, educational adventure that helps little ones discover the magic of words!LeapFrog® Magic Adventures® Binoculars: Explore the world up close with these real high-tech binoculars, featuring a digital camera and vibrant video screen that magnifies up to 10x with day and night vision. Embark on virtual adventures with 340+ preloaded BBC videos and images of animals, insects, plants and more. Interactive games and trivia boost learning while exploring. Perfect for curious kids, these binoculars combine fun and education, letting them capture and save pictures of their discoveries and making every outdoor adventure an exciting learning experience!

Highlights of the award wins include:

Parents Best Toys Award Winners

VTech® Sort & Discover Activity Wagon™VTech® Sandy Snacks-a-Lot™LeapFrog® Get Ready for Phonics™ Spin & LearnLeapFrog® Magic Adventures® Binoculars

Good Housekeeping Best Toy Award Winners

VTech® Sort & Discover Activity Wagon™VTech® KidiZoom® Smartwatch DX4VTech® Baby Bopping & Cruising Baby Driver™LeapFrog® 4-in-1 Learning Hamburger™

Toy of the Year® (TOTY®) Finalists

VTech® Go! Go! Smart Wheels® Checkered Flag Motorized Track Set™ (Vehicle of the Year Finalist)LeapFrog® Magic Adventures® Binoculars (Preschool Toy of the Year Finalist)

For more information about VTech and LeapFrog products, available at major retailers, visit www.vtechkids.com and www.leapfrog.com.

About VTech®
VTech is a world leader in age-appropriate and developmental stage-based electronic learning products for children. As a pioneer in the learning toy category, VTech develops high-quality, innovative educational products that enrich children’s development and make learning fun. With a rich 45-year history, VTech has not only established itself as a learning authority but also consistently remains at the forefront of innovation with multiple award-winning products, including prestigious Toy of the Year (TOTY) Award winners. The company also has a broad range of award-winning infant, toddler and preschool products available in 28 different languages worldwide, with more than 100 new products introduced every year. In order to further strengthen VTech’s position as a learning authority, new products are developed with critical insights from a dedicated team of in-house learning experts.

VTech Electronics North America, L.L.C. is based in Arlington Heights, Illinois. VTech Electronics Limited is headquartered in Hong Kong with distribution globally.

About LeapFrog®
LeapFrog Enterprises, Inc. is the leader in innovative learning toys for children that encourage a child’s curiosity and love of learning throughout their early developmental journey. For more than 25 years, LeapFrog has helped children expand their knowledge and imagination through award-winning products that combine state-of-the-art educational expertise led by the LeapFrog Learning Team, innovative technology, and engaging play – turning playtime into quality time that helps children leap ahead. LeapFrog’s proprietary learning tablets and ground-breaking developmental games, learn to read and write systems, interactive learning toys and more are designed to create personalized experiences that encourage, excite and build confidence in children. LeapFrog is a subsidiary of VTech Holdings Limited, which is based in Hong Kong.  LeapFrog was founded in 1995 by a father who revolutionized technology-based learning solutions to help his child learn how to read. Learn more at www.leapfrog.com.

Media Contact:
Lauren Fagan
Coyne Public Relations
973-588-2000
lfagan@coynepr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/vtech-and-leapfrog-capture-coveted-holiday-toy-honors-for-2024-302314921.html

SOURCE VTech Electronics North America, L.L.C.

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Charge Your Phone For FREE At Lovesac This Holiday Shopping Season

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New StealthTech Charge Side brings wireless charging to any Sactionals configuration

STAMFORD, Conn., Nov. 25, 2024 /PRNewswire/ — The Lovesac Company, the Designed for Life home and technology brand, today announced the launch of the StealthTech Charge Side, bringing wireless device charging to its Sactionals Sides. Utilizing the invisible wireless charging capabilities of StealthTech Sound + Charge, the latest Lovesac innovation allows customers to stay connected without leaving the comfort of their couch. Throughout this year’s truncated holiday shopping season, Lovesac invites customers to recharge, literally and figuratively, with free device charging in all 300+ locations starting today through end of year.

Featuring invisible wireless charging, embedded in a Sactionals Side, StealthTech Charge Side offers the ultimate convenience, letting you power your devices without the clutter of power cords. With the ability to add up to three charging stations in a single Side, you’ll always have plenty of power at your fingertips. Like all StealthTech product line innovations, the Charge Side is designed with upgradable technology, allowing customers to easily stay up to date with the latest advancements. Charge Side seamlessly integrates into existing and new Sactionals configurations and is designed to be compatible with future innovations that enhance the comfort and convenience Lovesac is known for.

StealthTech Charge Side is the fourth major innovation to launch from Lovesac this year, closely following the Reclining Seat, the AnyTable, and the style renowned PillowSac Accent Chair – all building out new product categories or further innovating existing platforms for the brand. Understanding a shorter holiday shopping window will have many customers spending longer hours at the mall scrambling to find the perfect gift, Lovesac is offering complimentary device charging to keep your phone fueled in all 300+ locations, just in time for Black Friday and Cyber Monday deals on fan favorite Sactionals and accessories. Perfect for nearly half of holiday shoppers who prefer to experience products in person before buying, customers can recharge themselves and their phones while they shop select Lovesac styles, which are 30% off from 11/8/2024 – 12/8/2024.

“With the new StealthTech Charge Side, our customers can stay connected without leaving the comfort of their couch,” said Lovesac CEO Shawn Nelson. “Our mission has always been to create products that are Designed for Life – products that evolve as your life does. The Charge Side product takes the innovation of Stealth Sound + Charge and makes it more accessible and customizable for the changing needs of our customers.”

All 300+ Lovesac locations will be open to consumers for free charging during business hours starting today. For more information on StealthTech Charge Side, now available for purchase starting at $575, visit www.lovesac.com. To find the closest Lovesac showroom to you to start charging, visit the Showroom Locator

About The Lovesac Company 
Based in Stamford, Connecticut, The Lovesac Company (NASDAQ: LOVE) is a technology driven company that designs, manufactures and sells unique, high-quality furniture derived through its proprietary Designed for Life approach which results in products that are built to last a lifetime and designed to evolve as customers’ lives do. The current product offering is comprised of modular couches called Sactionals, premium foam beanbag chairs called Sacs, the Sactionals StealthTech Sound + Charge System, and the most recently launched PillowSac Accent Chair, a first of its kind accent chair for the living room. As a recipient of Repreve’s 7th Annual Champions of Sustainability Award, responsible production and innovation are at the center of the brand’s design philosophy with products protected by a robust portfolio of utility patents. Products are marketed and sold primarily online directly at www.lovesac.com/, supported by direct-to-consumer touch points in the form of our own showrooms, as well as through shop-in-shops and pop-up-shops with third party retailers. LOVESAC, DESIGNED FOR LIFE, SACTIONALS, SAC, STEALTHTECH, and THE WORLD’S MOST COMFORTABLE SEAT are trademarks of The Lovesac Company and are Registered in the U.S. Patent and Trademark Office.

Contact Lovesac:
Nate Zubal, PR & Project Specialist
Nate@lovesac.com 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/charge-your-phone-for-free-at-lovesac-this-holiday-shopping-season-302315281.html

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