30.67 0.00 (0.00%)
After hours: 5:21PM EDT
|Bid||30.53 x 900|
|Ask||30.66 x 1800|
|Day's Range||30.34 - 30.94|
|52 Week Range||25.00 - 46.50|
|Beta (3Y Monthly)||1.46|
|PE Ratio (TTM)||43.20|
|Earnings Date||Nov 5, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||42.08|
James Liang, Co-Founder and Executive Chairman of Ctrip Group, today attended the 6th World Internet Conference in Wuzhen, where he stressed the importance of maintaining a young, skilled and entrepreneurial talent pool into the future. For China, he says, the future of innovative capacity depends largely on the ability of policymakers to ensure that the country’s workforce maintains its vitality, or risk losing its competitive edge. Liang, an accomplished Internet business leader and renowned demographer, has spoken at length on the relationship between talent retention and innovative capacity of national economies.
International travel service provider Trip.com recently sent volunteers to SDN 042 Palembang, South Sumatra to provide haze management guidance. Stanly Fredrik Napoleon, General Manager of Indonesia, Trip.com, said that this was Trip.com’s way of supporting victims in the local community. The haze that blanketed the whole of Sumatra Island, as well as neighboring countries such as Malaysia and Singapore, hampered student activities.
The big shareholder groups in Ctrip.com International, Ltd. (NASDAQ:CTRP) have power over the company. Institutions...
Trip.com General Manager of Destination Marketing Edison Chen and Ctrip Area General Manager Ru Yi both spoke at the convention, which the Asian travel sector's premier annual trade fair, akin to its parent trade show ITB Berlin. This marks the third year that Ctrip Group has participated in and sponsored the exhibition held annually in Singapore, which last year attracted over 1,000 exhibitors, 1,000 buyers and 11,000 attendees. As an industry leader, representatives from Ctrip Group this year took to the stage to share the company's experiences with peers at the travel industry's largest gathering in the region.
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]
Ctrip Group, Asia’s largest online travel agency, today signed a memorandum of understanding (MOU) with JR Kyushu Railway Company (below:JR Kyushu), in a partnership that promises to drive Chinese and foreign tourism to the Kyushu region. For Ctrip, the co-operation marks the company’s second with JR Railways, having signed an agreement with JR East in April 2018. JR Kyushu Railway Company Senior Managing Executive Officer Mr. Yohji Furumiya and Ctrip Chief Marketing Officer Mr. Bo Sun signed the agreement at a ceremony held on at Ctrip Headquarters.
Moody's Investors Service says that Baidu Inc.'s sale of a 6.1% stake in Ctrip.com International, Ltd. will enhance its already strong liquidity but have no immediate impact on its A3 issuer rating or the positive ratings outlook. On 2 October, Baidu announced it had completed the sale of a 6.1% stake (36 million American Deposit Shares) in Ctrip, a leading China online travel service provider.
Online flight shopping has been stuck in the doldrums. A case in point is Skyscanner, which just updated its logo but continues to essentially show the same drop-down menus and limited information on flights today as it did five years ago. But change is in the works. In the past year, more sophisticated flight shopping […]
SHANGHAI , Oct. 1, 2019 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP) ("Ctrip" or the "Company"), a leading provider of online travel and related services, including ...
Ctrip Co-founder and Executive Chairman James Liang today met with Philippines Secretary of Tourism Bernadette Romulo-Puyat. The pair discussed areas for collaboration ranging from destination marketing to strategies for improving customer service and safety for travelers to the Philippines and the wider South-East Asia region. The Philippines is an archipelagic state made up of over 7000 islands.
SHANGHAI, Sept. 27, 2019 /PRNewswire/ -- Ctrip.com International, Ltd. (CTRP) ("Ctrip" or the "Company"), a leading provider of online travel and related services, including accommodation reservation, transportation ticketing, packaged tours and in-destination services, corporate travel management, and other travel-related services, today announced that the secondary offering of an aggregate of 31,304,352 American depositary shares ("ADSs"), each representing 0.125 ordinary share of the Company, by its shareholder Baidu Holdings Limited was priced at US$28.00 per ADS. The underwriters will have a 30-day option to purchase up to an aggregate of 4,695,648 additional ADSs from the selling shareholder solely for the purpose of covering over-allotment.
Analysts suspect that Baidu is raising cash in U.S. dollars, and the sale doesn’t suggest that it has lost confidence in Ctrip.
(Bloomberg) -- Baidu Inc. is selling about a third of its stake in online travel site Ctrip.com International Ltd., generating around $1 billion to counter a slowing economy and intensifying competition in its key advertising business.Ctrip announced Thursday a proposed secondary offering of 31.3 million American depositary shares held by Baidu. That represents around 30% of its stake in Ctrip and is equivalent to around $1 billion according to Ctrip’s current share price.Baidu will remain Ctrip’s largest shareholder. It owned a 19% stake in the company after exchanging its shares in rival travel service provider Qunar in 2015. The share swap created China’s biggest online travel agency, putting a halt to a cash-burning price war.The proceeds will come in handy for the Beijing-based company. “Baidu may use the cash to meet its operational needs as its near-term sales falter amid macro-economic and competitive pressures,” Bloomberg Intelligence analysts Vey-Sern Ling and Tiffany Tam wrote in a research note on Thursday.Baidu over the past years has sold its food-delivery arm to Alibaba Group Holding Ltd.’s Ele.me, and merged its music streaming service with Chinese record label Taihe, allowing the search giant to focus on its key units such as advertising, smart speakers and autonomous cars.More recently, the 19-year-old company has expanded its investment into content needed to attract and keep users, backing social media platforms including Q&A app Zhihu.To contact the reporter on this story: Zheping Huang in Hong Kong at firstname.lastname@example.orgTo contact the editors responsible for this story: Edwin Chan at email@example.com, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
SHANGHAI, Sept. 26, 2019 /PRNewswire/ -- Ctrip.com International, Ltd. (CTRP) ("Ctrip" or the "Company"), a leading provider of online travel and related services, including accommodation reservation, transportation ticketing, packaged tours and in-destination services, corporate travel management, and other travel-related services, today announced the commencement of an offering of an aggregate of 31,304,352 American depositary shares ("ADSs"), each representing 0.125 ordinary share of the Company, by its shareholder Baidu Holdings Limited. The underwriters will have a 30-day option to purchase up to an aggregate of 4,695,648 additional ADSs from the selling shareholder solely for the purpose of covering over-allotment. The Company will not issue or sell any ADSs in the proposed offering and will not receive any proceeds from the sale of the ADSs by the selling shareholder.
Today we're going to take a look at the well-established Ctrip.com International, Ltd. (NASDAQ:CTRP). The company's...
Ctrip Group, Asia’s largest online travel agency, signed a strategic partnership agreement with Okura Nikko Hotel Management to promote Japan and the hotel group by launching an exclusive Okura Nikko flagship store. Okura Nikko Hotel Management will be the first hotel group in Japan to sign a partnership agreement with Ctrip, whose international hotel business just completed a successful second quarter, with a growth rate that doubled that of the China outbound traffic growth in the same period.
Jane Sun, CEO of Ctrip.com, International Ltd. today spoke at the Milken Institute Asia Summit 2019, where she expressed optimism for continued growth in the Chinese tourism economy, and offered her company’s resources to international partners looking to enter the Chinese market. Ms. Sun was joined by a panel of China hands and accomplished investors, including SupChina CEO Anla Cheng, Clearwater Funds Co-Founder Robert Petty, Fitch Ratings Senior Director Grace Wu, and CITIC Capital CEO Yishen Zhang. Ms. Sun said that she is confident in the overwhelmingly positive outlook for the tourism sector.
As Chinese online travel agency Ctrip gets set to change its name to Trip.com Group Ltd. next month, the company — and the world — may not be fully aware of the very hot-and-cold history of the brand under a half dozen or so owners over 23 years. The hit-or-miss track record of companies using […]
SHANGHAI , Sept. 16, 2019 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP) ("Ctrip" or the "Company"), a leading provider of online travel and related services including ...
The UK’s Competition and Markets Authority back in February managed to get a handful of brands owned by Expedia Group and Booking Holdings to change how they displayed information to consumers searching for accommodation online. Essentially it was concerned about hate-selling through techniques such as hidden charges, and ordered them to sort it out. The […]
Online travel agent Ctrip CTRP reported 18.8% revenue growth in the second quarter, in line with its guidance midpoint of 18.5% but lower than Meituan's 43% growth in the in-store, hotel, and travel segment and Tongcheng-Elong's 21% growth. For the third quarter, the company expects revenue growth of 10%-15%, lower than the second quarter's growth due to weak macroeconomics.