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.
Drifting away from intense competition in the domestic OTA market, Ctrip seems to have come a long way in a span of 18 months. The decision to acquire Skyscanner means Ctrip isn’t just a single market player anymore.
From November 27, Uber’s driver app in China and all Uber drivers in the country will be migrated to Didi’s platform.
Ctrip’s senior management announced in an internal letter that the company has merged with Qunar in their holiday units. Rumor of Ctrip buying Tuniu has been denied, meanwhile.
Webjet Limited’s newly launched B2B accommodation distributor FIT Ruums has formed a partnership with DidaTravel Technology in China.
Shiji announced new branding and introduced new logo, indicating the company’s focus of transforming into a data driven, consumer application and service platform operator.
Baidu Nuomi has transplanted Ctrip's and Qunar’s hotel-booking and ride-hailing services to its platform to replace its own services.
Kaligo Travel Solutions launched TravelEdge loyalty platform teaming up with China Eastern for the latter's 32 million members to earn points at 465,000 properties globally.
