Ctrip Eyes Acquisition Of Swedish Travel Company

Chinese leading Internet tourism services provider Ctrip.com is reportedly considering buying Etraveli AB, an online tourism business of the German …

Consumer Complaints Cause China’s Major Airlines To Dump Qunar.com

Hainan Airlines, China Southern Airlines, and Hainan Airlines’ Beijing Capital Airlines announced that due to large amount of consumer complaints, the three companies decided to close their flagship stores on Qunar.com. All the three airlines said that they received too many complaints, including overcharging fees for refunds or changes; adding extra prices when selling tickets; […]

Ctrip.com Invests USD180 Million In Indian Peer

Chinese Internet tourism service provider Ctrip.com announced that the company will invest USD180 million in Indian online tourism company MakeMyTrip …

Another Merger Within China’s Internet Travel Sector

Chinese online tourism service provider Ly.com announced a full acquisition of Shanghai Meichen International Travel Service Co. Ltd. This is reportedly the second Chinese travel agency acquired by Ly.com over the past two months. The first one was Nantong Huihuang International Travel Service Co. Ltd. Founded in 2005, Shanghai Meichen International Travel Service is a […]

Baidu Helps Consummate 3-Way Travel Deal In China

After dancing around each other for years, a deal today marries two of China’s top travel websites. Chinese travel company Ctrip.com International, Ltd. completed a share exchange transaction with search engine Baidu, Inc. in which Baidu has exchanged 178,702,519 Class A ordinary shares and 11,450,000 Class B ordinary shares of Qunar Cayman Islands Limited beneficially […]

Former Ctrip VP Appointed CEO Of eLong

Chinese online travel service provider eLong.com has appointed Jiang Hao as its new chief executive officer. The company also appointed Zhou Rong as chief strategy officer; and promoted vice president Gao Yan to senior vice president. Meanwhile, Cui Guangfu, former chief executive officer of eLong will continue to serve the company as a consultant. Jiang […]

China’s Online Travel Sector Finds Big New Investment

Who said only Ctrip and eLong ruled the Chinese Internet travel world? LY.com, one of China’s many privately-run travel booking websites, announced that they have gained over CNY6 billion new investments from Wanda Culture Industry Group, Tencent Industry Win-Win Fund, and CITIC Capital. As the lead investor, Wanda Culture Industry Group invested CNY3.58 billion in […]

Ctrip.com Shuffles Top Executives

Chinese tourism website Ctrip.com announced that James Liang has been appointed chairman and chief executive officer of the company; and Fan Min has been appointed deputy chairman and president, effective from March 1, 2013.

Alipay.com’s New Platform Will Integrate Internet Shopping, Banking Accounts

Alipay.com, the Internet payment subsidiary of Alibaba Group, launched a new platform to integrate various Internet accounts, covering Internet shopping and banking.

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.

Xinjiang Removes Firewall Around 27 Additional Chinese Websites

According to information from the press office of Xinjiang Uyghur Autonomous Region, to meet local people’s demands for Internet, the region started to reopen 27 widely used and popular websites from February 6, 2010.