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

Powered by Facebook Comments

Did you enjoy this article? Consider becoming a TiA Insights subscriber.At just $9.99/month, TiA Insights 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. With TiA Insights, you'll also get to receive a bi-monthly E-Magazine which makes a perfect weekend read. Click here to find out more.