Use your < > keys to browse more stories

China’s Top Online Travel Site to Set Up Investment Subsidiary

China’s largest online travel agency, Ctrip (NASDAQ:CTRP), has outlined plans to set up an investment subsidiary later this year. It’s part of a plan for Ctrip to be, according to CEO Fan Min, “higher-profile in its investments.”

Last year we saw Ctrip invest in Chinese vacation home rental startup Tujia, as well as acquiring a very specialist luxury travel e-tailer.



Facebook Conversation

comments

Did you enjoy this article? Consider becoming a TiA Premium subscriber. At $9.99/month, TiA Premium brings you exclusive access to our weekly newsletter, a one-page roundup of each week’s must-read Asia tech news from all over the web. TiA Premium also brings you exclusive deals and discounts that make your subscription pay for itself. Click here to find out more.