Quick takes
/Jack Ma officially relinquishes control of ANT
ANT Financial has restructured is shareholding which has reduced Jack Ma’s stake from 54% to 6%. This is seen as a necessary step to clear the way for ANT’s IPO which was cancelled after Jack criticised Chinese regulators in a 2020 speech.
Trip.com’s key trends for 2024
Interestingly, the trends include: China’s border reopening sparks global travel surge, AI takes centrestage in predictive planning for 2024, Music festivals and theme parks lead the way, and the rise of sustainable travel and event tourism in 2024.
Asian governments continue to remove visa hurdles
In order to smooth the way for more business and leisure visitors, many governments in Asia are dropping visa requirements. This week announcements from Malaysia, China and Indonesia.