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HNA Group partners with Alibaba Fliggy; Thomas Cook back in UK as OTA | Daily Brief

09/08/2020|11:16:27 PM|

Tencent-invested OTA partners with LINE unit in Thailand; Resumption of tourism between China, Thailand "not happening any time soon".

China OTAs turn over 700 billion yuan in H1 2019, Ctrip accounts for 55.7%

08/23/2019|1:49:44 PM|

As of June 2019, the number of OTA users topped 150 million. Third- and fourth- tier cities became important growing markets.

Ctrip funds consumer finance company ShangCheng

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

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.

Tuniu strengthens its trump card, unfazed by current levels of gross margin

08/25/2015|8:43:24 AM|

Tuniu has been investing aggressively post its IPO last year. One area that has stood out is the blend of sturdy product procurement and regional expansion

LY.com finds itself in the middle of the OTA melee – and likes where it’s at

02/04/2015|10:42:24 AM|

LY is led by CEO Any Wu, who started the company in 2004 and has since grown it into one of China’s top online travel sites.

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