Chuan Ctrip to 15 million U.S. dollars to increase the 3% shares of cattle, accounting for about 6% of the stock

Absrtact: December 12 News, people familiar with the technology revealed to Tencent, Ctrip recently again to 15 million U.S. dollars to increase the cattle 3% shares, accounting for about 6% of the shares. Passers-by earlier announced that the issuance of 100 million U.S. dollars in financing, in addition to Ctrip, other subscription objects have not been determined. Has the elimination

December 12 News, people familiar with the technology revealed to Tencent, Ctrip recently again to more than 15 million U.S. dollars to increase the cattle 3% shares, accounting for about 6% of the shares.

Passers-by earlier announced that the issuance of 100 million U.S. dollars in financing, in addition to Ctrip, other subscription objects have not been determined. There are reports that Jingdong will also subscribe to some of the shares, but not officially confirmed.

May 2014, Ctrip subscribed to the 15 million-dollar bull a Class A common stock, with more than 3% floating cattle, the two sides in the hotel and other resources to cooperate.

The night before yesterday, the passers-by and Ctrip announced the signing of strategic cooperation agreement, plans to expand the strategic cooperation between the two sides, including air tickets, car rental services and other tourism resources to deepen cooperation.

It is noteworthy that the passers-by are encountering a strong challenge, and Ctrip is currently holding 30% of the shares.

December 1, the same way external said, the road cattle Travel Network recently asked for and with the Chengyu and the cooperative relationship with the travel agencies to raise the price of the same route, some travel agencies are forced to the two-way cattle and the same process between the second election.

Passers-by in the official reply to Tencent Technology, said, strongly recommends that partners do not work with the same process, to avoid leisure tourism is brought into the same way as ticket hotel and ticket-like vicious competition.

With the expansion of the user scale through the ticket business, the same-journey tourism is accelerating the expansion of the product line to the outbound tourism market, and the positive competition of the cattle will intensify.