BABA's Fliggy Launches 'Siege Price' to Start Price War with TRIP
Fliggy, $BABA-SW(09988.HK$ 's integrated travel service platform, announced the launch of "siege price", which opens a price comparison for the Westin Miyako Kyoto in Japan and promises to refund the difference in price if the platform offers a more expensive price.
It is reported that after Fliggy offered a price of RMB1,666 a night (including breakfast for 2 people) for the Westin Miyako Kyoto on 2023 "Double 11", Fliggy and $TRIP.COM-S(09961.HK$ had a secret fight.
The two companies took turns to cut product prices, and the competition turned white-hot last Friday night (8th).
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