Report | Trends | Lufthansa Innovation Hub | 12 Nov 2023

The State of Travel and Mobility Tech in Asia

The State of Travel and Mobility Tech in Asia

The report "The State of Travel and Mobility Tech in Asia" analyzes the sector's growth, with Asia leading in VC funding and innovations, giving rise to major startups like DiDi and Traveloka. It discusses regional trends and the significant impact of COVID-19, which caused a downturn in 2020 but also led to recovery and adaptation, especially in mobility. The pandemic resulted in cautious investment but also spurred innovations and business model pivots in travel and mobility. Overall, the report provides insights into the sector's evolution, the challenges and responses to COVID-19, and future trends.