The company will continue to boost market promotion and operation systems, and it plans to cover 100,000 rooms in 70 cities by the end of 2018.
ttg aims to become a new-generation accommodation service provider while exploring new possibilities in the travel accommodation sector.
GreenCloud has signed 12,000 clients and has partnered with more than 20 local hotel groups ranked in the top 60 Chinese hotel groups as well as major international hotel brands.
Ctrip replaces internal incubation program introduced two years ago with the new Oasis Lab and puts external innovative projects on its radar too.
Ctrip invested in supersonic airplane developer Boom, launched a travel content platform, and teamed up with AccorHotels; Alibaba partnered with Xiaozhu, and rolled out a new booking portal with Marriott.
DRORE ONE, a cloud computing platform for intelligent travel, aims to provide overall solutions for the tourism ecosystem by integrating IoT, big data, AI and other technologies.
Zhenlv is a travel SaaS cloud service provider and is said to be valued at nearly RMB 100 million ($15.75 million).
The acquisition of Mogu Trip will help Yundijie branch out into the international hotel distribution business and further enhance its product supplies to increase competitiveness.