Rumor, Jack Ma Wants to Buy Ctrip

Ctrip, the leading online travel service provider, was listed on NASDAQ in 2003; Alibaba Group, led by Jack Ma and owner of,, Alipay and China Yahoo! now has about 22,000 employees across 60 cities and regions (wikipedia).

According to this report, in a trip to U.S days ago, Jack Ma was meeting with Ctrip and seeking for a ‘very close’ partnership. The discussion includes the possible acquisition, the report says.

If the ‘partnership’ is confirmed, Alibaba group will own around 55.6% online air-flight tickets booking market in China, thanks to Ctrip. Bearing in mind that, Alibaba group also runs its own air-flight tickets booking service on Taobao.

In China, other popular online air-tickets booking services include eLong, Qunar etc, and portals such as 163 is also in this market.