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Trip.com Group aims to be the world's top OTA in 5 years
10/28/2019|11:42:24 AM|
James Liang, the company's Executive Chairman of the Board, said that Ctrip aims at becoming Asia's No. 1 online travel company in three years, and the world's top online travel company in five years.
PayPal enters China market by acquisition of payment license holder GoPay
09/30/2019|5:51:18 PM|
PayPal has acquired 70% of GoPay through Paypal Information Technology (Shanghai), the Nasdaq-listed company's subsidiary in China.
Ctrip reports 19% rise in net revenue, proposes to change company name to Trip.com Group
09/10/2019|7:17:11 AM|
Accommodation reservation revenue climbed 21% to RMB 3.4 billion (US$497 million) and transportation ticketing revenue increased 13% to RMB3.4 billion (US$496 million).
Zhiketong completes full acquisition of hotel operation solution provider Jperation
09/06/2019|5:02:01 PM|
Under the partnership, Jperation would keep five aspects unchanged, including company strategy, team structure, competitiveness, operation and performance models.
Mafengwo raises $250m in D+ round funding led by Tencent
05/23/2019|6:11:14 PM|
Mafengwo will use the capital to build a new one-stop travel service platform driven by AI and data algorithms catering to young Chinese travelers.
Accor Hotels holds 10.2% and Ctrip holds 7.5% equity of Huazhu
04/22/2019|6:10:46 PM|
As of December 31, 2018, Huazhu operated 4,230 hotels in China with hotel network covered 403 cities in 32 provinces and municipalities across China.
ITB China 2019 off to a fabulous start
05/15/2019|5:06:05 PM|
An impressive list of dignitaries including senior executives from Ctrip, Wyndham Hotel Group and Air China graced the ribbon-cutting ceremony of the three-day event in Shanghai on Wednesday.
Booking Holdings holds 8% and Baidu holds 19% equity of Ctrip in 2018
03/18/2019|10:21:45 AM|
Total revenues grew from RMB7.8 billion in 2014 to RMB31.1 billion (US$4.5 billion) in 2018, representing a compound annual growth rate of 41.4%.
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