Jan 06, 2022 08:20 PM
BUSINESS Loses Lawsuit Over Undisclosed Third-Party Bookings’s headquarters in Shanghai on Sept. 3. Photo: VCG’s headquarters in Shanghai on Sept. 3. Photo: VCG has lost a fraud lawsuit after the Chinese travel giant failed to notify a customer he was buying a hotel room from a third-party agent on its platform, leading the court to criticize the company for allowing price gouging on its platform.

Nasdaq-listed Group Ltd. must pay the plaintiff, surnamed Hu, a total of 6,045.48 yuan ($948.50), according to a Tuesday ruling (link in Chinese) by the Shaoxing Intermediate People’s Court in East China’s Zhejiang province. The court upheld a decision made by a lower court in the city in July last year.

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