Articles tagged “tongcheng-elong”

Tencent Leads $250 Million Funding in Chinese Travel Site Mafengwo

Tencent Leads $250 Million Funding in Chinese Travel Site Mafengwo

Lulu Yilun Chen, Bloomberg

Mafengwo’s latest funding comes as the online site signs a deal with Tongcheng-Elong to build a one-stop shop for users to book hotels and flights faster on its platform. The competition is heating up.

4 months ago

Ctrip and Tencent Team Up for IPO to Back Emerging Chinese Travel Brand

Ctrip and Tencent Team Up for IPO to Back Emerging Chinese Travel Brand

Dennis Schaal, Skift

It appeared several years ago that Ctrip had locked up the Chinese online travel market when it took control of Qunar and Elong, but that ship has sailed. The emergence of Meituan and now Tongcheng-Elong's initial public offering make it clear that many players will scramble for market leadership.

10 months ago