Fliggy's Double 11 fulfilled merchandise GMV rose 60% YoY; transacting users
increased 41% YoY. More than 18 brand SKUs exceeded 100 mln yuan in sales.
Transaction value for domestic tickets, private-charter tours, domestic cruises
and outbound group tours nearly doubled YoY. The number of "hidden champion"
items with GMV of 1–5 mln yuan rose about 60%, indicating stronger demand in
niche travel segments.