New Research Available: Analyst Session + Data Sheet on Ctrip and China Online Travel
Skift Take
Smartly, Priceline has shown no shame in capitalizing on the China opportunity through minority-stake investments. It works both ways, too. Numerous local players want a piece of China's exploding outbound travel business. That means investments in western assets. Subscribe to our Skift Research to know more.
Skift recently covered a shake up in the China online travel market, as Priceline Group made a $450 million investment in the Chinese e-commerce platform Meituan-Dianping. Priceline has an existing stake in Ctrip, so the news raised some eyebrows about the future of the China and how Priceline aims to hedge its position in the region.
In last summer’s research report, A Deep Dive Into Ctrip and the China Online Travel Market 2017, we discussed the major industry players in more detail.
The data featured in the report, based on 2015 and 2016 num
