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UTour net profit drops 13.79% in first 9 months 2017

In the first three quarters of 2017, UTour generated RMB 9.224 billion in operating income, and net profit attributable to shareholders was RMB 182 million, down 13.79% year on year.

10/27/2017|6:41:17 PM|ChinaTravelNews

Ctrip leads AI and big data study for superior travel experience

Ctrip studies 50TB data generated daily by its 300 million users to understand demographics, customer demands and travel behavior, strengthening capabilities in AI, big data and intelligent hardware.

10/26/2017|3:59:40 PM|Ctrip

Ctrip opens up data and cross-platform synergies for destination marketing

Ctrip is not only growing its own technologies and data for destination marketing, but also exploring cross-platform strategies by partnering with internet giants including WeChat and Google.

10/25/2017|7:52:48 AM|ChinaTravelNews

Online or offline, completing a transaction is getting easier than ever

One extra click or filling an extra blank for personal details can result in cart abandonment. Airlines eyeing Chinese customers need to keep up with the payments arena for better shopping experience.

10/19/2017|3:06:29 PM|ChinaTravelNews

Meituan-Dianping gets $4 billion funding, backed by Tencent, Priceline

China’s local service platform Meituan-Dianping has received USD 4 billion investment, backed by Tencent and The Priceline Group. It is valued at USD 30 billion after the financing.

10/19/2017|1:45:41 PM|ChinaTravelNews

HNA to pump ￥50 billion to promote digital transformation with HiApp

HNA plans to pump ￥50 billion into tourism digital transformation by supplying public service products for innovators and services to innovative enterprises that offer unique services and technology.

10/18/2017|5:40:17 PM|ChinaTravelNews

Chinese real estate company buys luxury travel firm A&K for $412 million

Neo Dynasty, an overseas subsidiary of Chinese real estate and investment company Zhonghong Group, has closed the acquisition of 90.5% stake in luxury travel firm Abercrombie & Kent for $412 million.

10/17/2017|10:50:07 AM|ChinaTravelNews

How will OTAs cash in on the search windfall of WeChat?

WeChat has replicated Baidu’s formula in creating the volume of flow with its searching function, but its advertising model on Tongcheng, eLong and other advertisers remains to be seen.

09/30/2017|10:10:37 AM|ChinaTravelNews
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