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.

Kuxun.cn Announces Cooperation With Kaixin001.com

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.