When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
BABA - Ctrip Vs. Alibaba - 2 Approaches To The Chinese Travel Industry
Alibaba Group Holding Limited American Depositary Shares each representing one
Ctrip.com (CTRP) has long been the leading travel services provider in China. However, competitors with differentiated product strategies are looking to take on Ctrip. One such company is Alibaba’s (BABA) travel unit – Fliggy. By focusing on millennials, digital technology, and premium services, Fliggy is looking to carve a place in China’s competitive travel industry.
Investors can gain access to Ctrip.com and Alibaba and the growing China travel industry through direct purchase of the companies’ shares.