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Market Cap of China's Listed Internet Firms Up 18.3% QoQ in Q4 2019
CAICT, 1/14/20
Buoyed by a general rise in the global stock market in Q4 2019, total market cap of China's publicly traded Internet companies increased 18.3% QoQ to reach a record-high RMB 11.59 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Market Cap of China's Listed Internet Firms Up 0.5% QoQ in Q3 2019
CAICT, 10/15/19
The market value of China's publicly traded Internet companies continued to fluctuate in Q3 2019 against the backdrop of ongoing Sino-US economic and trade frictions, reaching a total market cap of RMB 9.8 trln, up 0.5% QoQ, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Baidu Launches In-app Applet Function
IT Home, 7/04/18
Chen Dou, a vice president at Chinese internet conglomerate Baidu (Nasdaq: BIDU), recently announced a new Baidu smart in-app applet function at the company's Baidu Create 2018 AI developer conference in Beijing. Read More
Ctrip to Offer Bundled Hotel Services with Room Bookings
Travel Daily, 8/30/17
Chinese online travel service provider Ctrip (Nasdaq: CTRP) recently launched a "Hotel + X" feature to help hotels sell reservations that include other services, such as food and beverage, airport chauffeuring, spa treatments, and ticketing services. Read More
Ctrip Launches New Standards to Improve Selection of Mid-range Package Tours
Sina Tech, 6/21/17
Chinese online travel service provider Ctrip (Nasdaq: CTRP) recently announced that it has launched a new standards mechanism for mid-range package-tour services, covering hotels, airlines, car rentals, and shopping services, under a "New Diamond Standards" program. Read More
Ctrip to Launch Car Rental Service
TechWeb, 6/09/17
The car rental division of Chinese online travel service provider Ctrip (Nasdaq: CTRP) recently announced that it will start offering a car rental service, which will cover airports and train stations in major cities throughout China. Read More
Tongcheng Denies Rumor of Merger with eLong
Tencent Tech, 4/13/17
Suzhou-based online travel service provider Tongcheng Network Technology (Tongcheng Travel) today denied recent rumors that it plans to merge with Chinese online travel service provider eLong and list on one of China's domestic A-shares stock exchanges, and said that it will give an update regarding its capital operations in the near future. Read More
Ctrip, Qunar Vacation Business Units to Merge
Sina Tech, 11/22/16
Yang Tao, CEO of Chinese online travel service provider Ctrip's (Nasdaq: CTRP) vacation travel business, recently sent an internal company-wide email announcing that Ctrip's vacation business unit (VBU) will merge with the vacations division of online travel services firm Qunar (Nasdaq: QUNR). Read More
Ctrip to Acquire Controlling Stake in Travel Agency 'Traveling Bestone'
Tencent Tech, 10/17/16
Chinese online travel service provider Ctrip (Nasdaq: CTRP) and Chongqing-based Overseas Tourist Group, operator of online and mobile travel booking platform Traveling Bestone, have jointly announced the signing of a strategic investment partnership agreement, under which Ctrip will acquire a controlling stake of Traveling Bestone. Read More
Online Pet Travel Service 'Dog Where' Lands RMB 8-digit Pre-A Funding
Lieyunwang.com, 9/13/16
Beijing-based Gaoxing Network Technology, operator of online and mobile pet travel services platform Dog Where, said today that it completed RMB 8-digit pre-Series A funding in early 2016 from Yingzheng Fund. Read More
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