Ctrip.com International Net Worth is2166.0 $Million
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Company Name: Ctrip
Company Type: Public company (CTRP)
Foundation: 1999 (IPO December 9, 2003)
Location: Shanghai, People's Republic of China
Industry: Travel agency
Homepage: [http://u.ctrip.com/union/CtripRedirect.aspx?TypeID
Ctrip (Chinese: ae??c??; pinyin: XiA(C) chA(C)ng) is a mainland China-focused travel agency, which runs the eponymous Ctrip.com travel website.
Shanghai-based Ctrip was founded by James Liang, Neil Shen, Min Fan, and Ji Qi in 1999. It listed on NASDAQ in 2003 in a Merrill Lynch-led offering, raising US$75 million (4.2 million ADRs at $18 each) and then further appreciated by 86% to close at $33.94 in its first day of trading. Ctrip traded at a peak of $37.35, making it the first company since the November 2000 IPO of Transmeta to double its price in the first day of trading.
In 2006, about 70% of Ctrip's sales came from just four cities in China: Beijing, Guangzhou, Shanghai, and Shenzhen.
In 2006, Liang spoke to Bloomberg about the possibility of Ctrip buying travel companies in other Asian markets such as Hong Kong and South Korea. Ctrip already had an agreement with Taiwan-based ezTravel to cooperate in offering air tickets and hotel rooms to mainland Chinese tourists in Taiwan once tourists from the mainland became able to travel to Taiwan. As of November 2011[update], Ctrip holds an 8.4% stake in NASDAQ-listed Home Inns as well as a minority stake in the privately held BTC-Jianguo Hotels and Resorts. Ctrip also holds a 1.3% stake in the NASDAQ-listed China Lodging (owner of the Hanting brand).
Ctrip accepts foreign credit cards and PayPal, as well as domestic credit cards (issued in mainland China, not Macau or Hong Kong) of certain banks (see footnote for full list). Non-credit card payment methods include Alipay, Tenpay (Tencent Holdings Ltd.), China UnionPay Mobile Payment, and cash on delivery in selected cities in mainland China as well as cash payment by showing up in person at a Ctrip office. Most hotels in large cities accept foreign credit cards but some domestic hotels and domestic chain hotels do not. Payment is on check out unless guaranteed booking is required for very late check-ins.

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Ctrip.com International Latest News

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Building authentic, relevant brands Ctrip, for instance, is now in a period of soft-launching a new brand globally. The online travelling agency’s general manager – international business, Hillman Lam, said on the conference it’s a necessary act if ...
Posted: December 14, 2017, 6:25 pm

4 takeaways from Ctrip's Polar Travel Report

Ctrip, one China’s largest travel sites ... such as SLUSH, a Finland born international tech conference and more startups from Finland and Iceland starting in China, posing a strong background in games such as Shanghai-based AR, VR game maker Directive ...
Posted: December 14, 2017, 7:16 am

Ctrip and Tennis Australia Announce First-Time Partnership

About Ctrip.com International, Ltd. Ctrip.com International, Ltd. is a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. It is the largest online consolidator ...
Posted: December 14, 2017, 1:44 am
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