The Group's gross profit decreased as the Group reduced mark up to maintain market share. However the increase in online business revenue is offset by the decrease in the Group's offline wholesale business of 33.8% (S$5.5 million) in the current financial year. Despite the decrease in Group revenue, the Group's online business revenue increased by 5.0% (S$3.7 million) for FY2015.
The company reported a net loss of S$2.3 million for the three months ended June on revenues of S$22.2 million. closed at S$0.23 a share on Wednesday, the last trading day prior to the suspension of trading in its shares. The Chinese company has already announced its intention to make an offer for in a filing to the Shenzhen exchange.
ZhongHong currently owns 11.41 per cent of , while the shareholders that have agreed to sell their shares together hold around 51 per cent. It said certain substantial shareholders have signed a memorandum of understanding to sell their shares to Shenzhen Stock Exchange-listed ZhongHong, which intends to make a conditional general cash offer for at S$0.30 per share. Still, with few startups exits in Asia — China aside — it is refreshing to hear a company committing its ambition to paper.
For one thing, he still anticipates that there is likely to be at least one more round" of private funding before a move to the public markets. A public listing might take place in the U.S. or Hong Kong, Fah offered, although those details are far from ironed out at this point. Klook plans to spend the year growing its reach to remaining major markets in Asia before looking to other parts of the world.
Beyond expanding into new verticals, which will presumably super charge monetization, Fah said Klook geographical extensions are planned. Klook co-founder and COO Eric Gnock Fah told TechCrunch in an interview that it would soon add options for restaurants, wellness, shopping and more. It has also recently introduced services — such as local transfer options and WiFi device rental — that let users pick up travel essentials from inside the app.
Those local teams work with attraction and tour operators to source activities directly, thereby avoiding the hefty premium of booking through an agent to offer users a competitive price. Operationally, Klook's team has expanded to reach 200 staff while it has eight offices across Asia. The 'Behind the Lens' deal involves three days and two nights in a 60sq m Deluxe Suite at Bt27,307 for a couple, with breakfast, a temple-and-markets tour with professional photographer Kevin Landwer-Johan, and set dinner.
Up in the relative cool of Northern Thailand, the akyra MANOR Chiang Mai serves up an unusually inviting photo-tour with a pinch of sightseeing. Rates from US$642 and US$1,097 depending on nights, for two persons. No, your boss won't find you.
You can't get more secluded than that. Food and drinks in Asia if this doesn't float your boat, there's a special cocktail too on a private sandbank. The seven-night deal also tosses in a private 'cinema under the stars' movie screening, dolphin cruise and picnic lunch on a deserted island.
At the Six Senses Laamu Maldives a 'Discover Laamu' package for four or seven nights with snorkelling, island experiences and cooking classes to savour the Maldivian way of life. The offer is only for Studio 95 and Studio 115 rooms. The offer is valid until 30 September, 2017.
At the deliciously leisurely Opposite House Beijing parked in the hip and happening Sanlitun quarter, a 'Suite Summer' deal from Rmb5,699 per night with a complimentary second night's stay, welcome cocktails, breakfast for two and complimentary city drop-offs. According to MasterCard, the financial transactions firm, outbound trips from emerging Asian nations will see growth of 7.6% over the next five years compared to 3.3% in developed APAC markets. AirAsia's Vietnam venture will need investments of 1 trillion Vietnamese Dong ($44 million), and AirAsia will contribute 30 percent of that after raising internal funding, according to the filing.
Many vendors and housewives still come here every afternoon for an open air market. Many youngsters, teenagers take nice photos to keep memories of youth on the bridge or in the middle of alluvial patch with full of green tree.