Ctrip buys Cool news deal has been completed

Summary: agreement or reached. Ctrip bought Cool news transaction has been completed, is expected Ctrip Q2 earnings will disclose the matter. A few days ago, the run-off net CEO Dai said, online tourism industry will usher in a greater PK. On this rumor, Ctrip to South reporters simple response, Ctrip to

Agreement or have been reached. "Ctrip bought Cool news transaction has been completed, is expected Ctrip Q2 earnings will disclose the matter." "A few days ago, the net CEO Dai said, online tourism industry will usher in greater PK." To this rumor, Ctrip to South reporters simple response, "Ctrip for all the favorable opportunities for mergers and acquisitions has always been an open and positive attitude." ”

In the past two years, Ctrip has invested a donkey evaluation network, ordering meal secretary, China Guzhen Network, passers-by home network, such as nearly 10 sites. And Ctrip Senior vice President Mr. Also to south all reporters revealed, Ctrip has formed an investment company, will increase the network search platform investment.

Return to Liang Jianzhang era, Ctrip or become "Internet + investment" Company's conjecture will become a reality.

"Ctrip buys Cool News" or has contracted

"Ctrip has formed an investment company, and in 2013 there will be more action on investment and mergers and acquisitions," he said. "Ctrip Senior vice president Mr. told reporters at the media briefing last week that the biggest U.S. OTA takeover last year overtook the engine company, and Ctrip will also increase investment in the web search platform."

And Mr. 's "Investment network search platform" is likely to mean "buy cool news." Rumours abound that the two sides have been in contact for at least half a year on the takeover and have now signed the agreement. "Ctrip Q 2 earnings report will be disclosed." "A few days ago, the winner of the net CEO Dai said, Ctrip bought Cool news transaction has been completed."

In 2009, Expedia, the world's largest online travel company, bought Cool News with a total of about 12 million dollars, through Tripa Dvisor, its company. "The deal is at a premium of about 3-5 times or about 40 million-60 million dollars." "Insiders Panjin told reporters that Expedia is also the controlling shareholder of Ctrip's old rival, and Expedia bought shares in the German hotel search engine trivago61.6% in December 2012, with about 632 million dollars in cash plus shares. Expedia now sells cool news, which should be a 100% share transfer.

But there are also analysis that Tripa dvisor not willing not to sell cool news, but some cool news to carry the shares to Ctrip, emulate its former parent company Expedia also to the art Dragon introduced Tencent, Thousand Oak Group and other investment practices.

Either way, if the agreement is reached, it could be the biggest acquisition of Ctrip in nearly two years. Before, Ctrip has invested in a breath of donkey evaluation nets, ordering meal, small secretary, China Guzhen Network, passers-by network, pine Cone Network, ordering a small secretary, too beautiful travel, flying often quasi, frequent movements.

Release the "Internet + Investment" transition signal

Why does Ctrip buy cool news?

A typical view is that Ctrip must be blocking the "where to go" of the emergence. "Travel search engine where to go to the net to get Baidu investment began to lead, which let cool news operating pressure, and Ctrip also need to make up vertical search this short board." "Wei Changren, general manager of the powerhouse Consulting.

But Mr. told the South reporters, "The future, there may be Ctrip and ' where to ' reach the cooperation." Ctrip has started the ' platform open ' strategy, for all favorable opportunities for cooperation has always been holding an open and positive attitude, in fact, Ctrip has with 360, Taobao travel, small webmaster and other sites have good cooperation. "This is a signal that in the" fan Era ", Ctrip is more like a traditional travel company, emphasizing supply chain resources. Now, back to the Liang Jianzhang era, Ctrip more emphasis on traffic data. In this way, along the "Internet station-traffic import-ctrip-flow Import-entity tourism services company," The main line, Ctrip investment accelerated. Even set up a separate investment company ——— Ctrip Tourism Holdings, by Ctrip CEO fan. According to Mr. revealed that Ctrip is currently negotiating more than 10 investment projects. Return to Liang Jianzhang era, Ctrip or become "Internet + investment" Company's conjecture will become a reality.