Ctrip

Ctrip Reports Unaudited Second Quarter of 2018 Financial Results

Retrieved on: 
Wednesday, September 5, 2018
Ctrip, Economy of China, Jane Jie Sun

- Ctrip reported solid financial results in the second quarter of 2018.

Key Points: 
  • - Ctrip reported solid financial results in the second quarter of 2018.
  • Operating margin was 10% for the second quarter of 2018 compared to 9% for the previous quarter.
  • Excluding share-based compensation charges, Non-GAAP operating margin was 16% for the second quarter of 2018, compared to 14% for the previous quarter.
  • "Ctrip delivered solid results in the second quarter of 2018," said Jane Sun, Chief Executive Officer.

iQIYI Announces Partnership with Ctrip to Bring Exclusive Travel Benefits to Premium Members

Retrieved on: 
Monday, August 27, 2018
Economy, Ctrip, Business, Corporate travel management, Travel agency, iQiyi

The new partnership with Ctrip will add to the extensive list of benefits available exclusively to iQIYI V7 VIP members, which already includes discounted cinema tickets, priority attendance at star-studded offline events and exclusive showings of new blockbusters.

Key Points: 
  • The new partnership with Ctrip will add to the extensive list of benefits available exclusively to iQIYI V7 VIP members, which already includes discounted cinema tickets, priority attendance at star-studded offline events and exclusive showings of new blockbusters.
  • "The announcement of iQIYI's new partnership with Ctrip represents an exciting coming together of China's leading entertainment platform and China's leading online travel agency," said Yang Xianghua, Senior Vice President of iQIYI.
  • In addition, through its corporate travel management services, Ctrip helps corporate clients effectively manage their travel requirements.
  • Since its inception in 1999, Ctrip has experienced substantial growth and become one of the best-known travel brands inChina.

The Ocean Link Consortium Secures Blocking Vote in eHi Car Services Take-private Transaction

Retrieved on: 
Tuesday, August 21, 2018
Consortium, Arbitral tribunal, Ctrip, Ehi, Hydrodynamical helicity, Economy of China

SHANGHAI, Aug. 21, 2018 /PRNewswire/ -- The consortium formed between Ocean Imagination L.P. ("Ocean Link") and Ctrip Investment Holdings Ltd. ("Ctrip", together with "Ocean Link", the "Ocean Link Consortium"), today announced that on August 16, 2018, an arbitrator in Hong Kong has dismissed claims (the "Arbitral Award") made by eHi Car Services Limited ("eHi") and the Crawford Group, Inc., ("Crawford"), against Ocean's affiliate CDH Car Rental Service Limited ("CDH Car").

Key Points: 
  • SHANGHAI, Aug. 21, 2018 /PRNewswire/ -- The consortium formed between Ocean Imagination L.P. ("Ocean Link") and Ctrip Investment Holdings Ltd. ("Ctrip", together with "Ocean Link", the "Ocean Link Consortium"), today announced that on August 16, 2018, an arbitrator in Hong Kong has dismissed claims (the "Arbitral Award") made by eHi Car Services Limited ("eHi") and the Crawford Group, Inc., ("Crawford"), against Ocean's affiliate CDH Car Rental Service Limited ("CDH Car").
  • Now with the HK arbitrator ruling in favor of CDH Car, the voting power of the Ocean Link Consortium is no longer in any dispute.
  • Accordingly, the Class A Common Shares and the Class B Common Shares beneficially owned by the Ocean Link Consortium altogether represent approximately 33.2% of the aggregate voting power of the total outstanding Common Shares of eHi.
  • The Ocean Link Consortium has been working diligently to make meaningful progress after delivering its taking-private proposal, and keeps updating the special committee actively.

The Ocean Link Consortium Secures Blocking Vote in eHi Car Services Take-private Transaction

Retrieved on: 
Tuesday, August 21, 2018
Consortium, Arbitral tribunal, Ctrip, Ehi, Hydrodynamical helicity, Economy of China

SHANGHAI, Aug. 21, 2018 /PRNewswire/ -- The consortium formed between Ocean Imagination L.P. ("Ocean Link") and Ctrip Investment Holdings Ltd. ("Ctrip", together with "Ocean Link", the "Ocean Link Consortium"), today announced that on August 16, 2018, an arbitrator in Hong Kong has dismissed claims (the "Arbitral Award") made by eHi Car Services Limited ("eHi") and the Crawford Group, Inc., ("Crawford"), against Ocean's affiliate CDH Car Rental Service Limited ("CDH Car").

Key Points: 
  • SHANGHAI, Aug. 21, 2018 /PRNewswire/ -- The consortium formed between Ocean Imagination L.P. ("Ocean Link") and Ctrip Investment Holdings Ltd. ("Ctrip", together with "Ocean Link", the "Ocean Link Consortium"), today announced that on August 16, 2018, an arbitrator in Hong Kong has dismissed claims (the "Arbitral Award") made by eHi Car Services Limited ("eHi") and the Crawford Group, Inc., ("Crawford"), against Ocean's affiliate CDH Car Rental Service Limited ("CDH Car").
  • Now with the HK arbitrator ruling in favor of CDH Car, the voting power of the Ocean Link Consortium is no longer in any dispute.
  • Accordingly, the Class A Common Shares and the Class B Common Shares beneficially owned by the Ocean Link Consortium altogether represent approximately 33.2% of the aggregate voting power of the total outstanding Common Shares of eHi.
  • The Ocean Link Consortium has been working diligently to make meaningful progress after delivering its taking-private proposal, and keeps updating the special committee actively.

Ctrip.com International, Ltd. to Report Second Quarter 2018 Financial Results on September 5, 2018 U.S. Time

Retrieved on: 
Monday, August 6, 2018
Economy, Travel management, Ctrip, Travel, Business, Trip.com, Corporate travel management, Expedia Group, James Liang, Tuniu

Ctrip.com International, Ltd. is a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in China.

Key Points: 
  • 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 of accommodations and transportation tickets in China in terms of transaction volume.
  • In addition, through its corporate travel management services, Ctrip helps corporate clients effectively manage their travel requirements.
  • Since its inception in 1999, Ctrip has experienced substantial growth and become one of the best-known travel brands in China.

eHi Comments on Cayman Court's Outright Dismissal of Ctrip's Lawsuit and the Ctrip Consortium's Revised Non-Binding Proposal

Retrieved on: 
Monday, July 2, 2018
Law, Business law, Communication, Forward-looking statement, Civil procedure, Ctrip, Frivolous litigation, Lawsuit

However, the decision to make this proposal immediately after the Court threw out Ctrip's frivolous lawsuit and censured its behavior calls into question the true motives of Ctrip and the Ctrip Consortium."

Key Points: 
  • However, the decision to make this proposal immediately after the Court threw out Ctrip's frivolous lawsuit and censured its behavior calls into question the true motives of Ctrip and the Ctrip Consortium."
  • These forward-looking statements can be identified by terminology such as "if," "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements.
  • Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements.
  • The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Leisure Pass Group Partners with Ctrip to Attract Chinese Visitors to Key US and European Cities

Retrieved on: 
Thursday, June 28, 2018
Subdivisions of China, Geography of China, Ctrip, Leisure, Tourism, Shanghai

Tourism attractions in New York, London, Paris, San Francisco and Las Vegas are set for a significant increase in Chinese visitors following the signing of a landmark strategic partnership between the world's leading attraction pass specialist The Leisure Pass Group and China's top tourism group Ctrip.

Key Points: 
  • Tourism attractions in New York, London, Paris, San Francisco and Las Vegas are set for a significant increase in Chinese visitors following the signing of a landmark strategic partnership between the world's leading attraction pass specialist The Leisure Pass Group and China's top tourism group Ctrip.
  • Ctrip will also roll out white labelled versions of Leisure Pass Group passes in Paris, San Francisco and Las Vegas during 2018.
  • In return, The Leisure Pass Group will white label Ctrip's Shanghai Dolphin Pass, marketing it as the 'Go Shanghai' Card to customers in North America and Europe.
  • Weiping Liao, Deputy General Manager of Ctrip's Overseas Activities Department, added: "We anticipate that the Leisure Pass Group passes will be extremely popular with Ctrip customers visiting the five featured cities.

Ctrip Strengthens Relationship with Booking Holdings and Expands Strategic Cooperation with Booking.com

Retrieved on: 
Monday, June 11, 2018
Software, World Wide Web, Booking Holdings, Ctrip, Travel, Online retailers, OpenTable, Booking

The news of Gillian's appointment comes on the heels of commercial partnership announced between Ctrip, and another Booking Holdings business, OpenTable.

Key Points: 
  • The news of Gillian's appointment comes on the heels of commercial partnership announced between Ctrip, and another Booking Holdings business, OpenTable.
  • Through the partnership OpenTable, the world's leading provider of online restaurant reservations, will link OpenTable's North American restaurants to Ctrip users.
  • Jane Sun, CEO of Ctrip said, "We look forward to deepening the relationship between the top two global travel platforms, Booking Holdings and Ctrip.
  • "Ctrip is a large partner for Booking in China and the relationship continues to be strong," said Glenn Fogel, Chief Executive Officer of Booking Holdings.

Ctrip Strengthens Relationship with Booking Holdings and Expands Strategic Cooperation with Booking.com

Retrieved on: 
Monday, June 11, 2018
Software, World Wide Web, Booking Holdings, Ctrip, Travel, Online retailers, OpenTable, Booking

The news of Gillian's appointment comes on the heels of commercial partnership announced between Ctrip, and another Booking Holdings business, OpenTable.

Key Points: 
  • The news of Gillian's appointment comes on the heels of commercial partnership announced between Ctrip, and another Booking Holdings business, OpenTable.
  • Through the partnership OpenTable, the world's leading provider of online restaurant reservations, will link OpenTable's North American restaurants to Ctrip users.
  • Jane Sun, CEO of Ctrip said, "We look forward to deepening the relationship between the top two global travel platforms, Booking Holdings and Ctrip.
  • "Ctrip is a large partner for Booking in China and the relationship continues to be strong," said Glenn Fogel, Chief Executive Officer of Booking Holdings.

Ctrip.com International, Ltd. to Report First Quarter 2018 Financial Results on May 22, 2018 U.S. Time

Retrieved on: 
Wednesday, May 9, 2018
Economy, Travel, Ctrip, Business, Travel agencies, Travel management, Business travel, Trip.com, Corporate travel management, James Liang

A telephone replay of the call will be available after the conclusion of the conference call until May 30, 2018.

Key Points: 
  • A telephone replay of the call will be available after the conclusion of the conference call until May 30, 2018.
  • The dial-in details for the replay:
    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 of accommodations and transportation tickets in China in terms of transaction volume.
  • In addition, through its corporate travel management services, Ctrip helps corporate clients effectively manage their travel requirements.