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Sports event platform Online Bike closes Pre-A round

Bicycle event company Online Bike received millions of yuan in its Pre-A round.

11/29/2016|10:10:13 AM|ChinaTravelNews

Ctrip funds consumer finance company ShangCheng

Ctrip has joined a group of investors including Bank of Shanghai to set up ShangCheng Consumer Finance. The bank has finance expertise while the OTA can contribute online data.

11/29/2016|9:32:52 AM|ChinaTravelNews

Ctrip takes a big step in pursuit of going global

Drifting away from intense competition in the domestic OTA market, Ctrip seems to have come a long way in a span of 18 months. The decision to acquire Skyscanner means Ctrip isn’t just a single market player anymore.

11/27/2016|9:50:20 AM|ChinaTravelNews

Uber completes migration to Didi platform on Nov. 27

From November 27, Uber’s driver app in China and all Uber drivers in the country will be migrated to Didi’s platform.

11/25/2016|7:44:56 PM|ChinaTravelNews

Ctrip buys Skyscanner, reaps $4million net income in Q3

Ctrip announces the deal to acquire UK-based travel search site Skyscanner. The company reaped USD 4 million net income in Q3 2016, after previous quarter's net loss with Qunar's consolidated results.

11/24/2016|1:46:43 PM|ChinaTravelNews

Baidu Capital appoints Ctrip's former CSO Jenny Wu as first Managing Partner

Baidu Capital appointed Ctrip's former CSO Jenny Wu as its first managing partner. The company will form a dedicated travel industry fund with Ctrip.

11/23/2016|5:34:51 PM|ChinaTravelNews

Ctrip merges with Qunar in vacation unit, denies Tuniu takeover

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.

11/23/2016|10:41:01 AM|ChinaTravelNews

Ctrip invests in test-tube baby service provider IVF USA

The strategic investment in test-tube baby technology provider enriches Ctrip’s medical travel contents and enables the OTA to get a stronger control on destination resources.

11/23/2016|10:24:26 AM|ChinaTravelNews
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