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With China's Travel Sector Possibly Depressed, What Will Qunar.com Do With Investment Money?
April 16, 2013With 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.
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China's Alipay.com Acquires OnCard Payments
September 7, 2011Alipay.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.
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Baidu.com Takes Majority Stake In Chinese Travel Website
June 27, 2011Chinese search engine Baidu.com announced that is plans to make a USD306 million investment in Qunar.com, a Chinese travel search engine.
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Tencent Buys Online Travel Stake In eLong.com
May 17, 2011Chinese online travel service provider eLong Inc. reported its unaudited financial results for the first quarter ended March 31, 2011, and said Tencent made a strategic investment in the company.
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Taxes Increase For Ctrip's Chinese Online Travel Services
May 17, 2011Internet travel services company Ctrip.com International Ltd. announced its unaudited financial results for the quarter ended March 31, 2011, and stated that revenues rose.
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Ctrip.com Announces Annual Internet Travel Financial Results In China
February 14, 2011Chinese online travel website Ctrip.com International Ltd. reported its unaudited financial results for the fourth quarter and the full year ended December 31, 2010.
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Scandinavian Airlines launches the new corporate program in China – SAS Credits
December 9, 2010SAS Credits – the new corporate program No matter whether you fly once a year or once a week – your SAS Credits membership cuts corporate travel costs from the very first flight. SAS Credits in short As a small- and medium-sized enterprise you can earn valuable SAS Credits in [...]
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Internet Travel Profit Drops In China At eLong.com
November 12, 2010Net 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.
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Ctrip.com Posts Q3 China Internet Travel Financial Results
November 3, 2010China'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.
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Chinese Internet Travel Revenue Up, But Profit Down For eLong.com
August 17, 2010Chinese 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.
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Internet Travel Income In China Rises For Ctrip.com
August 10, 2010China'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%.
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Ctrip.com Tumbles As Chinese Internet Travel Services Take Big Hit
July 7, 2010The 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.
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Internet Travel Services In China Propel Ctrip.com Higher
May 12, 2010Chinese 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.
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Ctrip.com Builds Second Call Center In Nantong
May 11, 2010Ctrip.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.
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Overseas Hotel Reservations Now Available On China Southern Portal
April 22, 2010China 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.
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