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Comment on Ctrip, Qunar End China’s Biggest Online Travel Rivalry With Multi-Billion Dollar Partnership by Chinese Airbnb For Tour Guides Nilai.com Completes $2.3 M USD Funding | Business Brain Food
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Comments for TechNode
Baidu will take on 25% of Ctrip, while Ctrip will take approximately 45% of Qunar.
Ctrip CEO James Liang will join Qunar’s board of directors along with COO Jane Sun.
Ctrip is worth roughly double Qunar at $10.6 billion USD.
Major deals include the $6 billion USD merger between Alibaba’s Kuaidi Dache and Tencent’s Didi Dache and the $15 billion USD matchup between Dianping and Meituan.
Both Tencent and Alibaba have made their respective investments in online travel, though the latest matchup between Ctrip and Qunar easily makes up the largest single online travel service in the market.
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'online'
'qunar'
'billion'
'market'
'ctrip'
'usd'
'matchup'
'travel'
'tencent'
'baidu']