And to a lesser extent, near increases in higher travel expenses from the resumption of business travel.

Oct 31, 2023 / CFO / receipt, needs a key / Andy Yang, CFO | earnings call 2023-10-31 | transcript 69c103c6-2414-4dd2-b9c4-cfceaec431b7 | chars 12072-12176 | segment 13

Travel volume during the 40 days Chinese New Year period was down approximately 40% year-over-year and 70% compared to 2019.

Apr 28, 2021 / CFO / receipt, needs a key / Andy Yang, CFO | earnings call 2021-04-28 | transcript af9dd0c7-b241-4075-b735-1215be562995 | chars 12026-12150 | segment 12