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 […]

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 […]

NetEase Forms Internet Tourism Company With HNA

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.com Jumpstarts Global Internet Expansion Plans

More than a decade after the website sunk into oblivion, the new owners of the China.com domain name are hoping an international revival will grab users back to the site. Guoguang Global Media Holdings Limited, the industrial management platform of China Radio International, recently announced growth plans for its acquired business, China.com. Founded in May […]

Alibaba Group Makes Strategic Investment In Online Chinese Travel Service

China’s Alibaba Group has announced a strategic investment in Qyer.com, a Chinese tourist information and online value-added service provider.

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.

China’s Alipay.com Acquires OnCard Payments

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.

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 Internet Travel Revenue Up, But Profit Down For eLong.com

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.

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%.

MOR To Promote Online Train Ticket Booking Nationwide

Booking a train ticket can be a hassle in China, as many tickets are only available within 72 hours of departure and tickets must usually be purchased either at a railway station or a designated ticket kiosk outside of the station.

Official Taian Mount Tai Travel Website Adds Japanese And Korean

Sponsored by Taiwan Tourism Administration, the China Taian Mount Tai Travel Information Website taian.travel has launched its Japanese and Korean versions targeting major inbound tourist source markets of Taiwan: Japan and South Korea.

Rizhao To Adopt E-tickets For All Tourism Scenic Spots

The Rizhao Tourism Administration has unveiled plans to allow tourists to the famous Shandong seaside scenic area to now pre-purchase all tickets online.

Tuniu.com Establishes Guangdong Branch

Tuniu.com’s Guangdong branch has been unveiled in Shenzhen to help the online travel company expand its business in China’s southern regions.

Turismo de Portugal Launches Chinese Version Website

Turismo de Portugal, I.P., the national tourist board of Portugal, announced the launch of a Simplified Chinese version of the country’s official tourism website visitportugal.com to coincide with the ongoing Shanghai Expo 2010.

Taobao.com Enters Chinese Online Travel Market

China’s largest retail website Taobao.com announced that its online travel channel Tao Lvyou has gone officially online, marking Taobao.com’s entry into the Internet tourism and business travel market.

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.

Chinese Internet Travel Revenue Increases For eLong.com

Chinese online travel website company eLong Inc. reported its unaudited financial results for the fourth quarter and full year ended December 31, 2009.

Cloud Computing Center Planned In Taiwan

Chunghwa Telecom, Trend Micro, Taiwan’s Industrial Technology Research Institute, and Taiwan’s Institute for Information Industry will jointly set up a cloud computing center and will invest NTD1 billion to establish a cloud computing company.