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; […]
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 […]
Chinese classified information site Dianping.com has inked a strategic deal with Singapore Tourism Board to provide various services to Chinese tourists visiting Singapore. The two parties will combine resources to cover dining, hotel, traveling, sightseeing, shopping and entertainment. Dianping.com will integrate information from tens of thousands of Singapore vendors, providing tickets of over 60 popular […]
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 […]
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 […]
China’s Hainan Airlines Tourism Group and Lede Technology, a subsidiary of NetEase, have formally signed a cooperation agreement in Hangzhou to establish a new online travel company. Financial terms of the arrangement were not immediately available. HNA and NetEase had previously signed a strategic cooperation framework agreement in December 2014. Based on the framework agreement, […]
China’s TravelSky Technology Limited and Sugon Information Industry Company Limited have signed a strategic agreement covering cooperation in joint research and big data analysis.
China’s Alibaba Group has announced a strategic investment in Qyer.com, a Chinese tourist information and online value-added service provider.
With worries that the new bird flu outbreak could constrict the Chinese travel sector, tourism company Qunar.com has plowed ahead and closed its latest investment round, gaining USD57 million from Baidu.com, Hillhouse Capital, and GGV Capital.
Alipay.com, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has reached an agreement with OnCard International to acquire its third-party payment service subsidiary, OnCard Payments.
Chinese search engine Baidu.com announced that is plans to make a USD306 million investment in Qunar.com, a Chinese travel search engine.
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.
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.
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.
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.
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.
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%.
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 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.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.
China Southern Airlines Company Limited has introduced an overseas hotel reservation service on its portal csair.com to provide one-stop ticketing and hotel booking services for Chinese outbound travelers.
Chinese online travel website company eLong Inc. reported its unaudited financial results for the fourth quarter and full year ended December 31, 2009.