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Longtop's CFO Quits As Chinese Software Company's Auditor Resigns
May 24, 2011In the middle of flak concerning alleged securities fraud, Chinese financial services software firm Longtop Financial Technologies Limited announced that its chief financial officer, Derek Palaschuk, who was previously CFO at Chinese Internet firms Sohu.com and eLong.com, has resigned.
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Chinese Internet Travel Revs Rise, But Profit Still Low For eLong.com
February 18, 2011Chinese online travel website eLong Inc. reported its unaudited financial results for the fourth quarter and full year ended December 31, 2010.
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Youku And Tudou Are Not The Chinese Internet Video YouTubes
December 8, 2010Youku.com and Tudou.com, along with about a dozen competitors, are known as the Chinese versions of YouTube. But beyond the common ability for users to upload videos to Youku.com, Tudou.com, and YouTube, the Chinese and Western business models face different futures.
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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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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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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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eLong.com Launches Mobile Reservation Service
June 28, 2010Chinese online travel service provider eLong.com has officially launched its mobile reservation service in Beijing.
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Kuxun.cn Announces Cooperation With Kaixin001.com
May 18, 2010China'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.
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Ctrip.com Promises To Compensate Online Consumers For Price Differences
March 16, 2010Chinese online travel service provider Ctrip.com has announced plans to compensate consumers for online booking price differences.
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Chinese Internet Travel Revenue Increases For eLong.com
March 4, 2010Chinese online travel website company eLong Inc. reported its unaudited financial results for the fourth quarter and full year ended December 31, 2009.
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Looking Back At China's Top Technology News In 2009
January 7, 2010It's the end of a great year at ChinaTechNews.com, and we have compiled a list of our own top ten online technology stories and topics for 2009. The year 2009 began with worries of how the financial crisis would impact Chinese businesses, but those worries soon disappeared as businesses realized China was on its own [...]
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Fujian's First Travel E-Commerce Center Goes Live
December 3, 2009Fujian's First Travel E-Commerce Center, the name of Fujian CTS Group's e-commerce center, has been formally opened to netizens.
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Internet Travel In China Looks Better For eLong.com
November 24, 2009Chinese online travel firm eLong Inc. has reported its unaudited financial results for the third quarter ended September 30, 2009.
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Airline Commissions Up, Hotels Down For eLong.com In China
August 27, 2009Every journey begins with a small step, but Chinese Internet travel company eLong Inc.'s just-reported unaudited financial results for the second quarter ended June 30, 2009, show that with a year-on-year gross revenue and profit increase of only 1%, the company's long flight to great growth is being done with baby steps.
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Travelzoo Dumps Internet Travel Business In Asia
August 17, 2009The global financial crisis and weak Internet travel sector in Asia seem have caused Travelzoo Inc. to sell its Asia Pacific online division.
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