|Bid||0.00 x 2900|
|Ask||0.00 x 900|
|Day's Range||34.10 - 35.24|
|52 Week Range||25.93 - 46.50|
|Beta (3Y Monthly)||1.60|
|PE Ratio (TTM)||49.20|
|Earnings Date||Nov 13, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||41.30|
Dec.05 -- On Bloomberg Equality today, Bloomberg's Selina Wang speaks to Jane Sun, the CEO of Trip.com, China's largest online travel agency. As the only female CEO of a major internet company in China, Sun shares her views on how Trip.com has boosted female leadership in the company.
Ctrip recently acquired Skyscanner and Trip.com and is looking to break into new markets. Ctrip covers over 1 million hotels globally and is rapidly expanding into the ride hailing business as well. Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss with Ctrip CEO Jane Sun.
Growth is decelerating for Trip.com Group, with the largest online travel company in China even foreseeing the possibility of single-digit growth in the fourth quarter that would be a dubious first in its 20-year history. Revenue rose 12 percent to $1.5 billion (RMB10.5 billion) in the third quarter over the same period in 2018. This […]
2019 is almost coming to an end, and right now, the best time to travel just before the holidays, and if you want to make travel plans, you should consider the best places to visit in the U.S in November. November and generally the onset of the fall and winter seasons means that many places […]
TripAdvisor and Trip.com Group, the China-based online travel agency formerly known as Ctrip, entered into a global joint venture. Under the terms of the deal, the two companies formed a global joint venture under the TripAdvisor brand in China, and there are also global content-licensing agreements where Trip.com Group brands, including Ctrip, Trip.com, Qunar, and […]
MakeMyTrip isn't setting any money aside in the event that a regulatory probe involving its relationship with hotel chain Oyo should go against the India online travel agency. Asked during an earnings call Monday whether MakeMyTrip feels the need to establish a contingent liability related to the Competition Commission of India investigation, which is expected to take […]
Jane Sun, CEO of Ctrip.com International, says the company is looking to boost revenue from outside mainland China to as high as 50% within five years, up from about 35%.
Online booking companies are stepping up their efforts to sell travelers tours, attractions, events, and activities. But the travel industry's three largest online agency conglomerates — Booking Holdings, Expedia Group, and Trip.com Group — continue to have strikingly small market share in the sector. Some industry observers assumed the giants would swoop in. After all, […]
SHANGHAI , Oct. 25, 2019 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP), a leading provider of online travel and related services, including accommodation reservation, transportation ticketing, ...
SHANGHAI , Oct. 23, 2019 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP) ("Ctrip" or the "Company"), a leading provider of online travel and related services, including ...
SHANGHAI , Oct. 23, 2019 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate ...
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 […]
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.
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 email@example.comTo contact the editors responsible for this story: Edwin Chan at firstname.lastname@example.org, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.