Chinese Social Media Travel Website Gains USD15 Million Investment

With the backdrop of worries over a tourism drop in China because of the avian flu, Mafengwo.cn, a Chinese tourism social media website, announced that it has completed its B financing round of USD15 million and the investors included Qiming Venture Partners and Capital Today.

Taxes Increase For Ctrip’s Chinese Online Travel Services

Internet travel services company Ctrip.com International Ltd. announced its unaudited financial results for the quarter ended March 31, 2011, and stated that revenues rose.

Ctrip.com Announces Annual Internet Travel Financial Results In China

Chinese online travel website Ctrip.com International Ltd. reported its unaudited financial results for the fourth quarter and the full year ended December 31, 2010.

Chinese Instant Messaging Software Goes Global

Tencent Holdings Limited announced the launch of their QQ International instant messenger product.

Ctrip.com Posts Q3 China Internet Travel Financial Results

China’s top online travel website Ctrip.com International Ltd. today announced its unaudited financial results for the third quarter ended September 30, 2010, and stated total revenues of CNY863 million, representing a 48% increase from the same period in 2009 and a 16% increase from the previous quarter.

Internet Travel Income In China Rises For Ctrip.com

China’s top online travel company Ctrip.com International Ltd. today announced its unaudited financial results for the second quarter ended June 30, 2010, and showed a year-on-year net income increase of 48%.

Ctrip.com Tumbles As Chinese Internet Travel Services Take Big Hit

The share price of China’s top online travel website, Ctrip.com, tumbled almost 14% today as word leaked that Chinese airlines were slashing commissions to Chinese travel agents.

Internet Travel Services In China Propel Ctrip.com Higher

Chinese online travel and e-commerce services firm Ctrip.com International Ltd. announced its unaudited financial results for the first quarter ended March 31, 2010, and stated it had total revenues of CNY627 million, representing a 46% increase from the same period in 2009 and a 4% increase from the previous quarter.

Ctrip.com Builds Second Call Center In Nantong

Ctrip.con announced its CNY200 million Ctrip Information Technology Building in Nantong has completed construction and will be operated as the company’s second call center with 12,000 seats, which is said to be the largest call center in the world’s tourism industry.

Ctrip.com Buys Sozhen.com To Expand Chinese Internet Travel Business

Chinese online tourism website Ctrip.com has reportedly acquired Sozhen.com, a website focusing on ancient Chinese town travel.

Ctrip.com Launches Mobile Website

After a half-year trial operation, Ctrip.com has launched its wireless mobile website m.ctrip.com. Consumers now can log on to the site via their mobile phones to book hotel rooms, buy airline tickets, and manage personal information.

Ctrip.com Promises To Compensate Online Consumers For Price Differences

Chinese online travel service provider Ctrip.com has announced plans to compensate consumers for online booking price differences.

China’s Online Travel Booking Up 77.9% In 2009

According to the latest report published by China Internet Network Information Center, in 2009 the China’s online travel booking sector usage reached 30.24 million people, an increase of 77.9% compared with the previous year.

Ctrip.com Announces Hong Kong Investment, Annual Earnings

Profits rose at the end of last year for Chinese online travel company Ctrip.com International Ltd. according to the company’s unaudited financial results announced today for the fourth quarter and the full year ended December 31, 2009.