eLong

Expedia gives up on China partner, sells off $671M majority stake in eLong

Expedia gives up on China partner, sells off $671M majority stake in eLong

Expedia has sold off its entire 62.4 percent stake in eLong, worth US$671 million. US$400 million of it was picked up by China’s Ctrip.
Steven Millward · · 1 min read
US travel giant Priceline invests $500 million into China’s Ctrip for up to 10% stake

US travel giant Priceline invests $500 million into China’s Ctrip for up to 10% stake

The investment comes in the form of a convertible bond, and Priceline will be allowed to buy up to 10 percent of Ctrip over the next year on the open market.
Paul Bischoff · · 2 min read
As outrage grows over missing flight, Chinese websites ban Malaysia Airlines ticket sales

As outrage grows over missing flight, Chinese websites ban Malaysia Airlines ticket sales

Two of China’s largest online travel booking sites have decided to banish Malaysia Airlines as anger grows over the lack of answers about the missing MH370 plane. Both Baidu-owned Qunar
Steven Millward · · 2 min read
Tencent versus Alibaba: a complete guide to an increasingly fierce rivalry (INFOGRAPHIC)

Tencent versus Alibaba: a complete guide to an increasingly fierce rivalry (INFOGRAPHIC)

Tencent (HKG:0700) is the world’s fourth largest web company, and Alibaba is on the verge of history’s largest tech IPO. Both of these behemoth companies occupy many of the same verticals
Paul Bischoff · · 2 min read
China’s online travel bookings to double by 2015

China’s online travel bookings to double by 2015

Web sales currently account for only 15 percent of overall travel sales in China, but that number is rapidly growing. A new study by travel industry market research firm PhoCusWright says China’s online air
Paul Bischoff · · 2 min read

Fotopedia China Launches, Promotes Travel Service eLong in App

Last week you may have read news about Fotopedia’s new iOS photo application showcasing thousands of wonderful images of China, as well as its new partnership with Chinese travel service
Rick Martin · · 2 min read

Expedia Snaps Up Renren’s Share of Chinese Online Travel Service eLong

Expedia (NASDAQ:EXPE), the US online travel giant, has further increased its stake in the comparable Chinese site eLong (NASDAQ:LONG). It has done this by buying up the entire stake in
Steven Millward · · 2 min read

eLong: 2.7 Million Room Nights Booked, Revenue Soars 19 Percent in Q3

Online travel company eLong (NASDAQ:LONG) has just posted some interesting statistics for the third quarter of 2011. This quarter saw a whopping 2.7 million room nights booked on eLong. That’s
Willis Wee · · 2 min read

China Digest: Douban series C funding rumor, Wei Search and more

Here are some interesting startup news from China, not only in its capital, Beijing, but also other startup hubs such as Shanghai, Hong Kong, Hangzhou, and many more. (1) Douban,
Egi SEPTIADI · · 3 min read

China Digest – 8 Aug

Here you can find some interesting startup news from China, not only in its capital, Beijing, but also other startup hubs such as Shanghai, Hong Kong, Hangzhou, and many more.
Egi SEPTIADI · · 2 min read
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