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Demand For Books Surprisingly Outstrips Supply During Pandemic

PYMNTS

The pandemic has had something of a strange effect on the world of book publishing. Shut-down bookstores and closed classrooms initially depressed sales in the market, particularly of educational books. Overall book sales are up 5 percent year on year thus far, and the pace is picking up, The New York Times reported.

eBook 216
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Didi Checks Into Hotel Booking Industry

PYMNTS

China’s largest ridehailing app Didi Chuxing is breaking into the hotel booking business. And according to reports, Booking — formerly known as Priceline — will offer Didi’s on-demand car services through its Booking.com apps via an integration. In addition, Didi customers can book hotels through Booking.com and its sister site Agoda.

Industry 115
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AirBnB Blocks Under Age 25 From Booking In Canada After Toronto Violence

PYMNTS

To prevent so-called “party house” violence, Airbnb has begun restricting some bookings in Canada from renters under the age of 25. The move comes after several bookings off the popular rental service have ended in violence; the most recent incident was last week in Toronto that left three dead.

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Travel Firm Booking Invests $500M In Didi Chuxing

PYMNTS

Chinese ride-hailing company Didi Chuxing has received $500 million in funding from Booking Holdings. Instead, according to reports , Booking — formerly known as Priceline — will offer Didi’s on-demand car services through its Booking.com apps via an integration.

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Klook CPO Liu Outlines Travel Booking Platform’s Global Expansion

PYMNTS

Having $1 billion in bookings and more than 200 destinations globally – those are big numbers, to be sure, but these are not stats gleaned from an airline. As for Klook itself, the company operates with an effort to streamline the process of booking travel activities that can span visits to attractions, hotels and restaurants.

Regional 103
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Bank Product Profitability and Productivity

South State Correspondent

The takeaway is that banks interested in increasing their market-to-book ratio should consider allocating more resources and capital to deposit products and deposit marketing. Loans, by contrast, usually drive 75% of total asset productivity but only impact market-to-book changes by 8%. The answer is – most likely.

Study 195
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How GDPR Is Testing The Homesharing Market

PYMNTS

Regulators want to have a greater stake in the way sharing platforms operate. As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges. For more on this and other developments, take a look at the Playbook’s News and Trends section.

Marketing 179