Ctrip

News / Distribution

You asked us first and don't ask again - Ctrip clarifies Qunar's rejection

By Martin Cowen | June 3, 2015

Ctrip has issued a carefully-worded statement to the market saying that it was Qunar who instigated takeover talks between the pair. The statement comes after Qunar's revelation yesterday that it r Read More

News / Technology

Qunar rejects Ctrip bid, raises $500 million, links with Baidu Maps

By Martin Cowen | June 2, 2015

Another jaw-dropping day in the Chinese online travel market with Qunar confirming that it received and rejected a takeover bid from Ctrip. Qunar also said today that it has received a $500 million Read More

News / Distribution

Plenty of room? Heavyweight-backed, China gets a brand-new online travel agency

By Martin Cowen | May 26, 2015

The hyper-competitive online travel market in China welcomes - if that's the world - a new entrant with news that HNA Group and NetEase are combining to launch a brand-new business. The announcemen Read More

News / Distribution

Priceline Group pumps in additional $250 million into Ctrip

By Kevin May | May 26, 2015

Just days after Expedia Inc reduced its focus on China, Priceline Group has injected a quarter of a billion dollars in Ctrip. The $250 million investment comes less than a year after the Booking.co Read More

News / Distribution

With Expedia out of the picture, what next for Chinese online travel agencies?

By Viewpoints | May 26, 2015

Following the exit of Expedia as its majority owner, eLong is now set for a new chapter. NB: This is an analysis by Ritesh Gupta, a reporter with ChinaTravelNews. After Expedia’s decision to sel Read More

News / Distribution

Expedia sells stake in eLong to Ctrip and others for $671 million

By Kevin May | May 22, 2015

Expedia Inc has offloaded its majority stake in Chinese online travel agency eLong to rival agency Ctrip and a consortium of financial backers. The 62.4% ownership will now belong to Ctrip with Key Read More

News / Technology

Wearables booming in Asia-Pacific, so travel and Apple Watch have a big opportunity

By Viewpoints | May 21, 2015

We are all told that the Apple Watch is ideal for bite-sized pieces of information, all consumed in a fraction of a second. Yet this gives travel businesses looking at a product for the Apple Watch Read More

News / Distribution

Ctrip sees transport growing faster than hotels

By Martin Cowen | May 14, 2015

Chinese OTA Ctrip has reported a strong start to the year, with air, train and bus ticket volumes seeing bigger percentage increases than hotels. Air, train and bus comprise its transport reporting Read More

News / Distribution

Tuniu.com looks to M&A after $500 million injection

By Martin Cowen | May 12, 2015

Tuniu.com is planning a three-year blitz on the Chinese online travel market following last week's $500 million funding from a group of investors including JD.com and Ctrip. CFO Conor Yang told Tno Read More

News / Distribution

China's Tuniu secures $500 million led by JD.com

By Martin Cowen | May 8, 2015

Chinese OTA Tuniu.com has announced a $500 million investment from a group of investors including Ctrip.com. However, e-commerce giant JD.com led the investment, putting in $350 million and becomin Read More

News / Distribution

Ctrip to reach $112 billion TTV target early

By Martin Cowen | March 20, 2015

Ctrip's 2014 earning call reveals a business which is growing not only its revenues but also the number of travel verticals it operates in, and which aims for a 30% share of the Chinese market by 2020 Read More

News / 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 Read More

News / Technology

Chinese tourism - a case study in tech as a disruptor

By Martin Cowen | March 12, 2015

BofA Merrill Lynch Global Research is the latest to release a report into the Chinese tourism sector, covering lots of familiar ground but also identifying internet and mobile technology as one of the Read More

News / Distribution

Welcome to China, Thomas Cook

By Martin Cowen | March 6, 2015

Something to file for future reference - Chinese outbound tourists will have the chance to not just book it, they can Thomas Cook it. The "strategic partnership" between Thomas Cook and Hong Kong-l Read More

News / Distribution

Priceline reported a solid 2014, on the strength of mobile, Asia

By Sean O'Neil | February 19, 2015

Priceline Group had a better-than-expected 2014, with gross travel bookings of $50.3 billion, up from almost $40 billion a year ago. Gross profit for the year was $7.6 billion, up by a third from the Read More

Most Popular
Latest Stories