Ctrip today announces strategic investment with the same process network

Abstract: Ctrip Travel Network announced today the strategic investment of the same process network. The deal was done in cash and involved more than 200 million dollars. This is also following this year by Tencent, Boyu, Yuan wo three institutions 500 million yuan investment, the same trip to obtain a new round of financing. Through this

Ctrip today announces strategic investment with the same process network. The deal was done in cash and involved more than 200 million dollars. This is also following this year by Tencent, Boyu, Yuan wo three institutions 500 million yuan investment, the same trip to obtain a new round of financing. Through this investment, Ctrip will become the second largest shareholder after the same management team.

With Cheng in February this year announced the acquisition of Tencent, Boyu, Yuan wo three institutions 500 million yuan investment, the current investment has been all to the account, this is the domestic OTA field has been the largest investment.

Ctrip shares the same process after the net also means a few months time, with Cheng won another industrial capital support. According to the plan of the same process network, after Tencent shares the entrepreneurial team still maintain the company's holding power, the company's future goal is still an independent IPO.

A person in the investment industry said Tencent Technology Ctrip strategic shares with the network, Ctrip's competitive advantage will be further consolidated, strengthen the layout of the ticket market, while reducing the industry competition, to the same Cheng said, the introduction of Ctrip not only to obtain funds and resources, but also has Ctrip and Tencent two industrial capital escort, It will be of great benefit to the future IPO plan of the same process network.

Prior to the same network and art Dragon signed a strategic cooperation agreement, the same journey to the art Dragon to provide scenic tickets inventory, art Dragon will be the same journey to provide mainland China's front desk pay and buy hotel inventory. Ctrip strategic stake in the same process net let Art dragon into embarrassment.

Tencent technology to call Art Dragon COO Shei Shen, Shei Shen said, need to wait for Ctrip to share the same way network message announced before making comments, is not suitable to express their views. Shei Shen declined further answers on the basis of the meeting.

According to people familiar with the situation, Ctrip signed a one-year "buffer period" agreement, that is, one year later the same process will be selected with the arts in the hotel inventory continue to work together, or instead choose to cooperate with Ctrip, with is Ctrip and Yi-long between the choice.

In addition to the strategic share of the same process network, Ctrip recently also a stake in the preparation of the IPO of the cattle, the way cattle IPO process is not affected. According to an online travel industry personage, Ctrip's move is mainly as a cornerstone investment, similar to the new Oriental investment in technology.

Multi-message show, Ctrip and the same journey and the cattle, Ctrip and where the negotiations have not shelved, the two sides around the dominance of competition, high jianling capital in which play an important role. In a daily meeting on internet finance, where to go President Zhungchengsu (Weibo) and high jianling Capital, a managing director at the same time, but the other side to avoid talking with Ctrip transactions.

The current online tourism market competition is fierce, facing rapid integration, all parties are stepping up to grab a good hand. Wu Zhixiang has admitted that China's online tourism has a huge market potential and is fiercely competitive. "We have felt the cruelty of competition, the Internet is the second zero, the mobile internet age is even more so, either you become the first or market segments first, or you disappear." ”

Ma Honeycomb CEO Chen Yu talked about the integration of online tourism market, said that from a personal point of view, the whole thing is a bit of a pity, integration means that the master less than a peak showdown. At the industry level it is good, online travel companies have more outlets, more capital willing to support the development of online tourism market, entrepreneurs also gain more respect.

Chen Yu to Tencent Technology, the online tourism market has just opened the screen, the first stage of the online tourism market is moved from the line to the line, the second phase is similar to where the intermediary industry model, the third stage is OTA and other professional models. In the future, with the development of mobile Internet, will be more involved in the transaction itself, in addition to booking hotel reservations, there are many other models such as UGC.