Search results for “price war”
Qunar’s “customer poaching” heats up cutthroat OTA war
12/15/2014|11:14:36 AM|
Qunar is tempting hotels’ with zero commission and e-currency for every converted booking. Customers and hotels stand to benefit from the campaign and Qunar will gain room nights, albeit at heavy campaign cost and no additional revenue.
Tencent to complete US$1 billion investment in Meituan-Dianping
11/03/2015|10:13:42 PM|
Tencent will soon complete an investment of US$1 billion in the newly merged Meituan-Dianping. The new company’s is valued at US$20 billion.
Ctrip uncontested after merging with Qunar
10/27/2015|10:01:40 AM|
As the final chapter of the bitter rivalry between Ctrip and Qunar ends, the next question to consider is: Who will be the next challenger to an all-powerful Ctrip?
Power hungry Chinese car-hire apps turn a blind eye to driver scams
07/09/2015|10:08:44 AM|
As more drivers join a car hire platform, the platform will slowly gain leverage to shut down accounts of scamming drivers, thus reducing scamming.
229 million Chinese made online travel bookings in first half of 2015
07/24/2015|2:42:43 PM|
Chinese netizens made 229 million online bookings for air tickets, hotels, rail tickets and vacation products in the first six months of 2015
B2B outbound tour platform Lixing raises US$1.6 million
07/17/2015|9:42:10 PM|
Lixing.Biz received an investment of RMB10 million from Buttonwood Capital to accelerate the creation of a outbound leisure travel platform.
CTS and Mangocity merge for O2O integration
06/24/2015|11:54:10 AM|
HKCTS Group has merged its subsidiary CTS with OTA Mangocity with CEO Jinling Li , indicating that HKCTS is taking a big leap towards O2O integration.
Ctrip fills war chest with offering of US$1 billion convertible senior notes
06/18/2015|8:29:08 AM|
Ctrip will offer up to US$1 billion in aggregate principal amount of senior notes convertible into Ctrip's ADS, each representing 0.25 of an ordinary share.
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