Travel e-commerce set for a big leap in China as intermediaries invest aggressively

By Ritesh Gupta

China’s e-commerce sector continues to shine. According to the Ministry of Commerce People’s Republic of China, the trade volume of China’s e-commerce in the first half year reached 5.66 trillion yuan, up 30.1% year on year. Online retail market reached 1.1 trillion yuan, up 33.4% year on year, accounting for 8.4% of the total retail sales of consumer goods of the first half year.

As for the online travel sector, the category is around 15 years old but still ...

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Assessing how AirAsia X is trying to capitalize on opportunities in China

 

Traveldaily.cn Exclusive: By Ritesh Gupta

 

If any outbound tourism source market can elicit an expenditure of $100 billion from approximately 100 million travellers in a year, then the lure of capitalizing on such opportunity is quite appealing. So it doesn’t come as a surprise when airlines are constantly evaluating the destination preferences of Chinese travellers.

It should be noted that Northeast and Southeast Asia make up for around 75% of international Chinese seat capacity. And in the list of top contenders that ...

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Assessing why Skyscanner is optimistic about a fruitful presence in China

Interesting battles lines are being drawn as the online travel market in China is witnessing strong interest from international players. TravelDaily.cn assesses how Skyscanner hopes to strengthen its presence via its acquisition of Youbibi

By Ritesh Gupta

 

Travel e-commerce category in China has proved to be a major conundrum for most of the intermediaries till date.

An intermediary has to sort out of a gamut of complex operational issues before it can achieve profitability. All multinational players acknowledge the same, as many have ...

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Ctrip asserts supremacy with its performance, gears up for deeper penetration 

Chinese OTA Ctrip is building the accelerated growth momentum shown by the strong results in the recent quarters. And going forward, it is targeting even a bigger slice of the total pie.

By Ritesh Gupta, TravelDaily.cn Correspondent

 

If there is one entity in the Chinese travel e-commerce category that stands out for its sustained investment, operational efficiency and profitability, then it has to be Ctrip.

While international brands struggle to establish a feasible business model, Ctrip is persistently expanding its reach, with sustained product ...

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Planning to step into China as a meta-search brand? Be ready for the grind

Established meta-search brands including KAYAK and Skyscanner are set to foray into China. TravelDaily.cn explores what to expect as these entities enter with contrasting market entry strategies

Traveldaily.cn Exclusive: By Ritesh Gupta

Travel meta-search continues to spread its tentacles as established players look beyond the US and Europe for expansion. This trend is paving way for intriguing battles in several markets.

China is a prime example of this phenomenon.

With KAYAK targeting China with a local site, and Skyscanner opting to acquire Chinese meta-search specialist ...

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ChinaContact Weekly Newsletter, 17th June 2014

 
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Uber’s mantra for success in China – technology supremacy + local connect

Traveldaily.cn Exclusive: Interview with Allen Penn, Uber’s Head of Asia Operations

For any burgeoning global brand, despite its hefty valuation, if it’s new to China then nothing can be taken for granted.

So when San Francisco-based Uber, backed by the likes of Google Ventures and TPG Capital, forayed into China late last year, the move was expectedly minutely scrutinized.

The entity also faced the usual conundrum that every multinational brand faces: China isn’t easy, is this new on-demand car service mobile app ...

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Press Release: Industry Leaders Gather at TravelDaily China Travel Innovation Summit

Industry Leaders Gather at TravelDaily China Travel Innovation Summit

China’s top travel professionals gathered in Beijing last week to identify opportunities and discuss trends in the country’s travel market, which remains the world’s most rapidly emerging even as the world economy faces huge challenges.

TravelDaily (www.traveldaily.cn), China’s leading online publisher and event organizer with emphasis on trends in the ...

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