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Search results for “currency exchange”
Baidu to sell $1 billion Ctrip stake to counter market competition
09/26/2019
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4:00:55 PM
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Baidu will remain Ctrip’s largest shareholder. It owned a 19% stake in the company after exchanging its shares in Ctrip rival Qunar in 2015.
Expedia Q2 reports 9% growth both in gross booking and total revenue
07/26/2019
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7:24:50 AM
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Gross bookings increased 9% year-over-year to USD $28.3 billion. Revenue increased 9% to $3.2 billion.
Two decades on, Ctrip hopes to emerge even stronger: CEO Jane Sun
08/29/2019
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4:54:52 PM
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The domestic online travel category is ripe for expansion, asserts the online travel group. As for the international business, Ctrip expects it to contribute 50% of the total revenue generation in the next 3-5 years.
What's driving Tongcheng-Elong's impressive growth in China?
08/28/2019
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12:20:07 PM
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The online travel company has judiciously capitalized on its association with Tencent, and believes it is primed for sustaining its growth in the future.
Sino-US aviation review: Passenger number rose 5% to 8.3 million last year
08/15/2019
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2:10:50 PM
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Passenger number was growing slower than flight capacity in the first five months of 2019 between the world’s two largest economies.
Outbound travel can contribute up to 50% of revenue in 5-10 years: Ctrip CEO
05/24/2019
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11:45:47 AM
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The online travel company is optimistic about driving both revenue growth and margin expansion by leveraging large market scale.
ITB China 2019 off to a fabulous start
05/15/2019
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5:06:05 PM
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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.
Lawsuit challenges Barry Diller’s future control of Expedia
07/24/2019
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8:39:31 PM
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The lawsuit would have the court block Diller’s ability to convert common stock into Class B shares, or remove the 10 votes per share that come with each of these Class B shares.
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