Aggregator Rules? Qunar, the Chinese travel booking service aggregator topped China OTA (online travel agency) market with a percentage of visits of over 42% in this November, according to market researcher Experian Hitwise. Kuxun, the Chinese subsidiary of TripAdvisor with a business model similar to Qunar came in a distant second, gripping over 16.88% of […]
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Breaking: Baidu Invested US$ 306M In Qunar, Becomes Biggest Shareholder
Baidu and Qunar, the vertical travel search engine in China announced today that Baidu has invested US$ 306 million in Qunar to become the latter’s biggest institutional shareholder. According to the two parties, Qunar will still operate independently after the investment. Actually, this is the largest investment Baidu ever made in the company’s history, which […]
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Baidu’s CEO Robin Li resigns from the board of Ctrip Group
This Thursday, China’s biggest travel agency Ctrip Group announced that Robin Li (also known as Yanhong Li), Baidu’s CEO, had resigned from his position as the company’s director with immediate effect. Following his resignation, the Ctrip Group’s board of directors has been reduced to eight members, including four independent directors. In 2015, Ctrip merged with […]
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China sees tourism and consumption rebound to 2019 levels in May vacation week
China saw tourism and consumer spending surpass pre-pandemic levels during the recent five-day Labor Day holiday.
Posted inHeavy Hitters
The Big Sell | Regulators target price discrimination
Chinese regulators are about to get a lot more involved in how e-commerce brands set prices, in a crackdown on a practice called price discrimination.
Posted inTechNode Insider
How will China spend during Spring Festival 2021?
Spring Festival consumption is likely to remain strong in 2021, as consumers shift to online purchases and livestream.
Posted inOn the Cusp
INSIGHTS | The apps you need in China, in 2017 and today
We’ve updated our list of top apps for living in China in 2020 to reflect how phone home screens have changed—and to think about what it says about the market.
Posted inHeavy Hitters
Trip.com is offering heavy discounts to reignite travel demand
Trip.com, one of China’s biggest online travel agencies, introduced on Tuesday a range of initiatives in an effort to revitalize its core business after Covid-19 lockdowns.
Posted inOn the Cusp
INSIGHTS | The new normal isn’t that normal
Everyone wants to go back to the “China dream” as soon as possible, but the new normal still includes temperature checks.
Posted inHeavy Hitters
China’s travel platforms gear up for increased domestic tourism
The growing interest in travel comes after two months of restrictions on mobility to control the virus that has killed nearly 3,300 people in China.