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Search results for “price war”
Views from the middle of the value chain
10/28/2016
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10:21:29 PM
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TMCs and OTAs share their views on the latest trends on airline distribution, and not everyone is happy with the way things are heading.
Ctrip merges with Qunar in vacation unit, denies Tuniu takeover
11/23/2016
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10:41:01 AM
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Ctrip’s senior management announced in an internal letter that the company has merged with Qunar in their holiday units. Rumor of Ctrip buying Tuniu has been denied, meanwhile.
Building a customer-centric distribution channel
10/26/2016
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9:29:21 AM
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Chinese airlines have responded to OTAs by focusing on direct sales and axing agency commission fees. At the heart of their argument was that the move was for consumers.
Domestic travel boom brings more startup airlines, jet orders
11/01/2016
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2:09:15 PM
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Newly built airports in lower tier Chinese cities helped stoke an 8.2% rise in domestic China passenger traffic last year, according to IATA.
China mergers lead to fewer discounts on ride-sharing and travel
08/15/2016
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5:48:58 PM
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Mergers of Didi-Kuaidi, Meituan-Dianping, Ctrip-Qunar were all backed by at least one of the Baidu-Alibaba-Tencent (BAT), who have orchestrated mergers to staunch losses.
Chinese tourism booking site Lvmama gets $49M funding to stay competitive in ongoing price war
10/17/2014
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11:21:43 AM
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Lvmama, a Chinese tourism booking site, has secured RMB 300 million in fresh funding, according to an internal company email obtained by 36kr..
Marriott has buyer’s remorse over Starwood merger
08/30/2016
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2:12:03 PM
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Marriott-Starwood merger is taking longer to close, thanks to Chinese authorities extending their review, and is turning out to be less enticing than Marriott had envisioned.
Ride-hailing platforms including Didi and Uber raise prices, no more money burning
07/28/2016
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11:33:16 AM
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Ride-hailing platforms including Didi, Uber, UCAR and Yidao have cut subsidies and raised prices in several cities since last month.
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