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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. But that drop-off has reportedly been replaced and even surpassed by consumer demand for printed books to be read during the pandemic.

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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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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Travel Firm Booking Invests $500M In Didi Chuxing

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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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Booking Holdings Is Latest Backer To Bail On Libra

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Online travel firm Booking Holdings is the latest Libra Association member to jump ship on the cryptocurrency project proposed by Facebook, Bloomberg reported on Monday (Oct. The Geneva meeting comes on the heels of a bad day on Friday (Oct. 11) that saw a mass exodus of Libra members, with five firms dropping out.

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Amazon Opens New Book Store, More To Come

PYMNTS

While much has been made in the past few months about Amazon’s grocery store of the future, Amazon Go isn’t the online retailer’s only brick-and-mortar play — and a new move indicates that Amazon looks to continue expanding its physical retail presence outside of the grocery space. That’s not all.

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Bitcoin Daily: Travala.com Combines With TravelbyBit; France Tests Blockchain-Operational Digital Euro

PYMNTS

Travala.com CEO Juan Otero said in the announcement, “We couldn’t be more excited to join forces with TravelbyBit, which is backed by Binance and have constantly been achieving and pushing crypto adoption by providing blockchain-based online travel booking services.”

Bitcoin 131