Articles tagged “qunar”

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Chinese Booking Site Qunar Bulks Up With $500 Million Investment Led by Silver Lake

Chinese Booking Site Qunar Bulks Up With $500 Million Investment Led by Silver Lake

Dennis Schaal, Skift

It is no surprise the Qunar has not raised a white flag in reaction to Ctrip's maneuverings. With an injection of $500 million, let the games continue.

4 years ago

Chinese Booking Sites Soar While Its Hotel Companies Struggle

Chinese Booking Sites Soar While Its Hotel Companies Struggle

Belinda Cao and Stephen Stapczynski, Bloomberg

The hotel companies have the misfortune of competing with international hotel chains in a way that the booking sites don't battle with online booking sites.

4 years ago

Qunar’s Sales Are Outpacing Ctrip’s, But It’s Still Not Profitable

Qunar’s Sales Are Outpacing Ctrip’s, But It’s Still Not Profitable

Belinda Cao, Bloomberg

Qunar and Ctrip have the advantage of having both the smarts to know what's right for their markets, and a decade-plus track record of Expedia and Booking.com to look at for comparison.

5 years ago

Leading China Booking Site Says Mobile Means Metasearch Isn’t Viable

Leading China Booking Site Says Mobile Means Metasearch Isn’t Viable

Dennis Schaal, Skift

Coming off 2013 when metasearch was the fastest growing sector in travel, Qunar says metasearch isn't viable in the mobile era.

5 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

Chinese Rivals Cut Into Ctrip Profits and Stock Tumbles

Chinese Rivals Cut Into Ctrip Profits and Stock Tumbles

Meng Meng, Bloomberg

Ctrip's competition is only heating up.

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

Ctrip Pulls Hotels From Qunar as China Travel Competition Intensifies

Ctrip Pulls Hotels From Qunar as China Travel Competition Intensifies

Dennis Schaal, Skift

With Alibaba's IPO and all the resources it has and the shifting alliances in the China online travel market, the punches and counter-punches among competitors such as Ctrip and Qunar are taking place in the very early rounds.

5 years ago

Interview: Qunar CEO Makes No Apologies, It’s All About Price

Interview: Qunar CEO Makes No Apologies, It’s All About Price

Dennis Schaal, Skift

Qunar CEO Chenchao "CC" Zhuang isn't like some travel bosses who claim their companies can differentiate themselves based on the experiences they provide. Zhuang wants to compete on comprehensiveness and price, and he claims Qunar's platform is driving such efficiencies that he can win on price and by showing loyalty to consumers' wallets.

5 years ago

Chinese Booking Site Qunar Actively Seeking Acquisitions

Chinese Booking Site Qunar Actively Seeking Acquisitions

Bloomberg

Qunar CEO CC Zhuang believes "the Chinese online travel market is huge and bigger than anybody imagine," and the company has a substantial war chest, and a powerful controlling partner, to help it make acquisitions to ensure a leading position in that market share grab.

5 years ago

Qunar CEO on Cash Burn: ‘I Don’t Care About Short-Term Losses’

Qunar CEO on Cash Burn: ‘I Don’t Care About Short-Term Losses’

Dennis Schaal, Skift

Qunar is executing on its mission and is notching remarkable gains in mobile and total revenue. Profits are not on the agenda, and that's OK. At least right now.

5 years ago