Articles tagged “elong”

Ctrip-Backed Chinese Booking Sites Plan Merger

Ctrip-Backed Chinese Booking Sites Plan Merger

Patrick Whyte, Skift

Ctrip – with the help of some useful allies – continues to dominate China's fast-expanding travel industry. It will be interesting to see whether 2018 brings further expansion into Europe and North America.

2 years ago

Qunar CEO: Leisure Travel Has Been Immune From China’s Economic Meltdown

Qunar CEO: Leisure Travel Has Been Immune From China’s Economic Meltdown

Dennis Schaal, Skift

Sometimes Qunar wants us to believe it can sail through a hurricane unscathed in a sailboat. We'll have to see how the Chinese economic crisis ultimately impacts the Chinese travel market -- and the world.

4 years ago

Ctrip Would Only Grow Stronger With a Tencent Takeover of Elong

Ctrip Would Only Grow Stronger With a Tencent Takeover of Elong

Belinda Cao, Bloomberg

Qunar is no doubt watching these moves very, very closely.

4 years ago

Tencent Makes Offer to Take Chinese Booking Site Elong Private

Tencent Makes Offer to Take Chinese Booking Site Elong Private

Belinda Cao, Bloomberg

It's a busy season for booking sites in China.

4 years ago

Ctrip Leads Stock Market Rally of Chinese Online Travel Agencies

Ctrip Leads Stock Market Rally of Chinese Online Travel Agencies

Belinda Cao, Bloomberg

Basing the gains on the strength of airline bookings would not appear to be as dependable in the long term as other revenue source.

4 years ago

Expedia Reverses Course and Sells eLong Stake, Priceline Snubbed

Expedia Reverses Course and Sells eLong Stake, Priceline Snubbed

Dennis Schaal, Skift

Expedia CEO Dara Khosrowshahi couldn't have been more vehement in recent months about his company's long-term investment in and commitment to eLong. Well, there goes that.

4 years ago

In China’s Online Travel Race, Qunar Is Growing the Fastest

In China’s Online Travel Race, Qunar Is Growing the Fastest

Dennis Schaal, Skift

Qunar is the fastest growing online travel company by far among the Big Three in China, although it is less than half the size of industry leader Ctrip. Can Qunar keep it up? Ctrip is feeling the pressure and is having to dial back on profits to ensure it will stay on top.

5 years ago

Qunar CEO Interview: We Can Out-Execute Alibaba and Everyone Else

Qunar CEO Interview: We Can Out-Execute Alibaba and Everyone Else

Dennis Schaal, Skift

It's all about the numbers and execution so we'll be able to view Qunar's quarterly reports over the next few years to see if CEO Chenchao “CC” Zhuang can make good on his boast that the company will out-execute Ctrip, Alibaba and everyone else. Let's see if all the confidence adds up.

5 years ago

Alibaba’s Moves in Travel Leads to Slumps at Ctrip, Qunar and Elong

Alibaba’s Moves in Travel Leads to Slumps at Ctrip, Qunar and Elong

Belinda Cao, Bloomberg

There are likely more than a few U.S. booking sites that are also sweating about Alibaba's intentions.

5 years ago

Expedia’s eLong Has Huge Ambitions and An Uphill Climb

Expedia’s eLong Has Huge Ambitions and An Uphill Climb

Dennis Schaal, Skift

Profitability isn't a concern right now as Expedia's eLong invests in expanding its hotel business, and it is in the game for the long haul.

5 years ago

Chinese Booking Sites Fall After Commission Cuts by China Eastern Air

Chinese Booking Sites Fall After Commission Cuts by China Eastern Air

Belinda Cao, Bloomberg

U.S. travel agencies -- both online and off -- already know that they can't count on commissions from airlines. Chinese booking sites should plan for a world where reduced commissions disappear entirely.

5 years ago

Elong’s Stock Declines After Expedia Reaffirms Long-Term Investment

Elong’s Stock Declines After Expedia Reaffirms Long-Term Investment

Belinda Cao, Bloomberg

No matter what Expedia ends up doing, there will be a bit of shake up in Chinese online booking sites.

5 years ago