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Tag: Path

  • Hanoi-HCMC Flight Path Soars: Retains Spot as 4th Busiest Global Route in 2025

    Hanoi-HCMC Flight Path Soars: Retains Spot as 4th Busiest Global Route in 2025

    Data from an aviation intelligence firm has revealed that the flight route between Hanoi and Ho Chi Minh City in Vietnam was the fourth busiest worldwide in 2025, with a total of 11.07 million seats. There was a 4% rise in seat numbers from the previous year, continuing a trend which has placed the route within the top ten busiest globally for eight consecutive years.

    Cost and Competition

    The average cost of a one-way journey on this route was US$67 in 2025, representing an 11% decrease from 2024. Six different airlines operated on this route in 2025, indicating high levels of competition. The largest operators were Vietnam Airlines and Vietjet, both offering numerous flights daily along the 1,000-kilometre route.

    New and Existing Operators

    In the final quarter of 2025, new entrant Sun Phu Quoc Airways began operating on this route. Other airlines offering services on this route included Bamboo Airways, Pacific Airlines and Vietravel Airlines.

    Global Rankings

    The top five busiest flight routes of 2025 were largely consistent with the previous year. Holding the top spot was South Korea’s Jeju International-Seoul Gimpo route with 14.38 million seats. This was followed by Japan’s Sapporo New Chitose-Tokyo Haneda route with 12 million seats, and the Fukuoka-Tokyo Haneda route with 11.5 million seats.

    In fifth place was Saudi Arabia’s Jeddah-Riyadh route with 9.8 million seats, displacing Australia’s Melbourne-Sydney route which fell to sixth place. The Jeddah-Riyadh route also saw the fastest growth rate, with a 13% increase in seat capacity, and was the sole non-Asia-Pacific route among the top ten.

    Questions & Answers

    What has been the trend for the Hanoi-Ho Chi Minh City flight route over the last eight years?
    The Hanoi-Ho Chi Minh City route has consistently been within the top ten busiest flight routes globally for eight consecutive years.

    Which airlines operate on the Hanoi-Ho Chi Minh City route?
    Six airlines operated on this route in 2025: Vietnam Airlines, Vietjet, Sun Phu Quoc Airways, Bamboo Airways, Pacific Airlines, and Vietravel Airlines.

    Which flight route was the fastest growing in 2025?
    The Jeddah-Riyadh route in Saudi Arabia was the fastest-growing in 2025, with a 13% increase in seat capacity.

  • Shein Group Considers China Relocation For Favorable IPO Conditions In Hong Kong

    Shein Group Considers China Relocation For Favorable IPO Conditions In Hong Kong

    Fast-fashion retailer Shein Group is reportedly mulling over the idea of relocating its headquarters to China. This move is supposedly aimed at gaining approval from Beijing authorities for its proposed Initial Public Offering (IPO) in Hong Kong.

    Relocation for IPO Approval

    Shein Group, which currently has its headquarters in Singapore, is said to be in preliminary discussions with legal advisors about the possibility of setting up a parent company in mainland China. This information, however, has not been confirmed, as the discussions are still in the early stages. There is also no certainty as to whether Shein will proceed with this move.

    Previous Attempts at Listing

    Originally founded in China, Shein Group has spent a considerable amount of time trying to list, first in New York, then in London. The company, however, has met with resistance from politicians in both the US and the UK. These difficulties have been compounded by the inability to secure approval from China’s securities regulator for an offshore IPO, amidst rising tensions between China and the US.

    At present, Shein Group is focusing on getting listed on the Hong Kong stock exchange.

    Questions & Answers

    Where is Shein Group’s current headquarters?
    Shein Group’s headquarters is currently located in Singapore.

    Where is Shein Group planning to list its IPO?
    Shein Group is planning to list its IPO in Hong Kong.

    What challenges has Shein Group faced in its previous attempts at listing?
    Shein Group has faced criticism from politicians in the US and UK during its previous attempts at listing in New York and London, respectively. The company has also struggled to get approval from China’s securities regulator for an offshore IPO.

  • Daum Kakao buys Path assets for Indonesia growth

    Daum Kakao buys Path assets for Indonesia growth

    South Korean messaging app operator Daum Kakao Corp said it has acquired social networking assets from U.S.-based Path Inc, giving it a strong presence in Indonesia and sending its shares surging 10 percent on its push to expand globally.While Daum Kakao owns South Korea’s dominant chat app KakaoTalk, investors have been worried that KakaoTalk’s global user base lags far behind rivals like Facebook Inc’s WhatsApp and compatriot Naver Corp’s Line.“This acquisition marks the first of the many global business approaches Daum Kakao will take in the coming years,” the company said in a statement, adding that in addition to acquisitions it would also explore investment and partnership opportunities.Daum Kakao will purchase social networking service Path which has 10 million monthly active users, most of them in Indonesia, making it one of the top three SNS services in the Southeast Asian country. It will also buy messaging app Path Talk.

    Terms of the deal were not disclosed.“This deal establishes a new stronghold country and could generate further growth momentum in nearby countries,” said Kyobo Securities analyst Lee Seong-bin.Efforts by Daum Kakao to date to grow in markets like Indonesia, the Philippines and Malaysia had failed to gain traction.In addition to strong position in Indonesia, Path has also been growing rapidly in Saudi Arabia.Daum Kakao’s shares were trading at 117,700 won in afternoon trade. At one stage, it rose 12 percent to its highest level in more than two months.