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Distribution
Baidu building up a taxi-app portfolio
By Martin Cowen
|
April 14, 2015
Chinese search giant Baidu has invested in another two taxi-sharing apps, Tiantian Yongche and 51yongche. Last December Baidu announced "a strategic investment and co-operation agreement" with Uber
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News
/
Distribution
Delta to let Chinese buy tickets with Alibaba's Alipay
By Sean O'Neil
|
April 1, 2015
Delta Air Lines is the first American carrier to offer Alipay payment as an option for Chinese plane ticket buyers. Alipay is a payment platform operated by Ant Financial, a subsidiary of Chinese e
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News
/
Distribution
Alibaba launches Alitrip into hotel IT solutions space
By Martin Cowen
|
March 31, 2015
Alibaba Group has made the first big announcement regarding its standalone travel business alitrip.com, and it's all about the "hotel of the future." The initiative "aims to use network and Big Dat
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News
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Distribution
eLong worried by competitors and owners alike
By Martin Cowen
|
March 16, 2015
eLong has described in more detail the "hyper-competitive Chinese market" while outlining some risks relating to Expedia's controlling interest. It has filed its annual report six weeks after it re
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News
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Technology
Lyft picks up half a billion dollars
By Martin Cowen
|
March 13, 2015
Ride-sharing app Lyft has confirmed a $530 million Series E funding round, led by Japanese e-commerce giant Rakuten. In a blog post, Lyft said that the money will be used to expand its footprin
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News
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Technology
Uber unphased as China rivals create monopolistic merger
By Martin Cowen
|
February 16, 2015
Uber will continue to "invest heavily" in China after the country's biggest taxi sharing apps Kuaidi Dache and Didi Dache confirmed a merger. The tie-up creates a business worth an estimated $6 bil
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News
Are we heading for another defining year in online travel?
By Viewpoints
|
January 8, 2015
2014 was a very dynamic year for the online travel sector, which saw new forces rising within it, reshaping the way travel products will be marketed in the next few years. NB: This is an analysis b
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News
/
Technology
What to keep an eye on in China's fast moving tech sector
By PhocusWire
|
January 2, 2015
On several fronts, 2014 was a particularly eventful year for China’s technology sector. While a handful of domestic players grabbed headlines with blockbuster share offerings, major acquisitions or...
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News
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Technology
Pivotal moments in 2014: rapid change in online travel in China
By Claude Bénard
|
December 23, 2014
Five years ago I wrote in Tnooz (for a crystal ball round-up) about trends in online travel in China. So, let's jump to some pivotal moments in these markets. That's markets with an "s" because th
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Distribution
Pivotal moments in 2014 - when Alibaba launched Alitrip.com
By Martin Cowen
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December 21, 2014
When a business with global aspirations such as Alibaba, currently valued at more than $270 billion, launches a separate standalone travel business, it is not only Chinese OTAs such as Ctrip, eLong an
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News
Baidu and the uber-Uber rumour
By Martin Cowen
|
December 12, 2014
Someone needs to write an app that keeps up with all the taxi app news and gossip. Today's speculation - Chinese internet giant Baidu is reportedly taking a stake in Uber, according to sources. The
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News
Didi Dache grabs $700 million
By Martin Cowen
|
December 11, 2014
The taxi-app funding frenzy shows no sign of slowing down - Chinese operator Didi Dache has picked up $700 million this week, with TenCent one of the named investors. This comes less than a week af
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News
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Distribution
Ctrip cool with short-term hits in pursuit of market share
By Martin Cowen
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November 27, 2014
China's biggest OTA Ctrip has reported a "solid" operational performance in Q3, although cost increases are hitting margins, spooking the market. But this is not a big concern, according to chief s
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News
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Technology
eLong begins PC to mobile turnaround phase
By Martin Cowen
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November 14, 2014
eLong has admitted its Q3 performance fell short of expectations, but the shortfall is a result of increased competition in the Chinese market (even before Alibaba's new travel brand Alitrip.com start
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News
eHi's $25m investment in taxi app revealed
By Martin Cowen
|
October 22, 2014
Hat-tips galore to the Asian tech media for unearthing another taxi app investment - eHi spent $25m this April buying an 8.4% stake in Kuaidi Dache. The investment was mentioned in eHi's 300-plus-p
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