Hong Kong, Tokyo, Seoul and Singapore were among the hottest shopping destinations for Chinese tourists last year, according to Ctrip. In the latest big-data report from the Chinese travel-services provider, Edinburgh, Singapore and San Francisco were also…
Shinsegae DF Inc., duty-free store operating unit of South Korea’s retail conglomerate Shinsegae Group, has joined hands with China’s largest online travel agency Ctrip to offer membership service with hopes to woo more Chinese consumers. Shinsegae DF said on…
Skyscanner, the Scotland-based flight search company, has been acquired by Chinese online travel giant Ctrip for £1.4 billion, or approximately $1.74 billion. The deal is predominantly cash and is expected to close before the end of this year. Once completed,…
Retailers and catering businesses were the main beneficiaries of the 1.2 trillion yuan (US$180 billion) Golden Week spending spree by Chinese consumers. This was 10.7 per cent up on last year’s figure, according to Ministry of Commerce (MOC) data, with the…