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.
Chinese online travel website eLong Inc. reported its unaudited financial results for the fourth quarter and full year ended December 31, 2010.
Net income dipped sharply for Chinese online travel service provider eLong Inc. as it reported its unaudited financial results for the third quarter ended September 30, 2010.
Chinese online travel provider eLong Inc. reported its unaudited financial results for the second quarter ended June 30, 2010, and stated its net revenues increased 45% to CNY118.9 million, compared to CNY81.9 million in the second quarter of 2009.
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.
Chinese online travel service provider eLong.com has officially launched its mobile reservation service in Beijing.
China’s leading travel search engine Kuxun.cn announced it has reached a strategic cooperation with Kaixin001.com, the famous social networking service provider in China, saying the two will work together to expand online travel business opportunities.
Chinese online travel service provider Ctrip.com has announced plans to compensate consumers for online booking price differences.
Chinese online travel website company eLong Inc. reported its unaudited financial results for the fourth quarter and full year ended December 31, 2009.
