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We are initiating on Baidu ( BIDU ) with a BEARISH view and a SOTP-based target price of $98, implying a 5% downside from the current level. We believe that the fragmentation of China’s mobile app landscape is driving gradual disintermediation of the search market thereby limiting the...
Newspaper headlines scream about the retail apocalypse citing new store closings and bankruptcies on almost a daily basis. However, recent data on consumer debt indicates that retail may not be dying. Rather, the format is dramatically changing. These trends may benefit ecommerce platforms...
By ALT Perspective From October 1st to the 7th, the People's Republic of China enjoyed a week-long holiday break dubbed the Golden Week. Nevertheless, the news flow from the populous country in celebratory mood did not stop and was, in fact, strong and mostly positive. Stocks of Chinese ...
SHANGHAI , Oct. 1, 2019 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP) ("Ctrip" or the "Company"), a leading provider of online travel and related services, including accommodation reservation, transportation ticketing, packaged tours and in-destination services, corporate t...
On Sept. 25, Ctrip.com International (NASDAQ: CTRP) , China's leading online travel site, announced that Chinese search engine giant Baidu (NASDAQ: BIDU) planned to sell more than 31 million shares of Ctrip, or approximately 30% of its stake. Baidu, which is facing increasing competition ...
By ALT Perspective This week's issue of the Chinese Internet Weekly was supposed to be focused on the numerous major technological developments and corporate actions by the big names we are familiar with - Alibaba Group ( BABA ), Pinduoduo ( PDD ), Baidu ( BIDU ) and Ctrip.com ( CTRP ). ...
Ctrip.com (NASDAQ: CTRP ) is up 1.5% premarket after an initiation at Buy by GF Securities. More news on: Ctrip.com International, Ltd., Tech stocks news, Global news and forex, Stocks on the move, Read more ...
Baidu (NASDAQ: BIDU) once owned a 45% voting stake in online travel agency (OTA) Qunar. A partnership between China's biggest search engine and one of its top OTAs seemed wise, but Qunar's margins eventually crumbled as it engaged in a brutal price war with its top OTA rival Ctrip.com (NA...
Ctrip (NASDAQ: CTRP ) prices secondary offering of an aggregate of ~31.3M ADSs at $28.00/ADS. More news on: Ctrip.com International, Ltd., Stocks on the move, Read more ...
SHANGHAI , Sept. 27, 2019 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP) ("Ctrip" or the "Company"), a leading provider of online travel and related services, including accommodation reservation, transportation ticketing, packaged tours and in-destination services, corporate...
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SINGAPORE, July 01, 2020 (GLOBE NEWSWIRE) -- Trip.com Group CMO Bo Sun has been named one of the top 50 most influential and purposeful marketers in Asia-Pacific, by industry leading publication, Campaign. Sun is recognized as the only finalist from OTA, among the marketing elites from diff...
Yihang Duan, CEO of World Go Luxury Car Rental DIAMOND BAR, CA, May 9, 2020 - (ACN Newswire) - Yihang Duan is an exemplary millennial entrepreneur. Born in China and residing in the United States, Yihang has found experience wherever he explored and used this wisdom to create new business ve...
Baidu (NASDAQ: BIDU) was once one of the most widely followed and successful Chinese stocks before the company was hit by a combination of increasing competition and a lackluster economy on its home turf. Those problems exacted a heavy toll on Baidu, resulting in slowing revenue growt...