In the Chinese tourism & leisure industry, there were 6 M&A deals announced in Q3 2023, worth a total value of $1bn, according to GlobalData’s Deals Database. The $744m acquisition of Didi Global by XPeng was the industry’s largest disclosed deal. GlobalData’s Travel and Tourism Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 report provides crucial insights into the M&A activity including the themes driving the top deals within the travel & tourism industry. Buy the report here.
In value terms, M&A activity in China increased by 4119% in Q3 2023 compared with the previous quarter’s total of $23.7m and rose by 3033% as compared to Q3 2022. Related deal volume increased by 50% in Q3 2023 versus the previous quarter.
For further understanding of GlobalData's Travel And Tourism Industry Mergers And Acquisitions Deals By Top Themes In Q3 2023 – Thematic Intelligence, buy the report here.