Ctrip.com (CTRP) Tops Q3 EPS by 6c

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Ctrip Reports Unaudited Third Quarter of 2016 Financial Results

November 23, 2016 5:56 PM EST

SHANGHAI, Nov. 23, 2016 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China ("Ctrip" or the "Company"), today announced its unaudited financial results for the third quarter ended September 30, 2016.

Highlights for the Third Quarter of 2016

Ctrip achieved strong financial results in the third quarter of 2016 Net revenues increased 75% year-on-year to RMB5.6 billion in the third quarter of 2016.  The accommodation reservation business continued to execute well in the... More

Ctrip Announces Agreement to Acquire Skyscanner

November 23, 2016 5:55 PM EST

SHANGHAI, Nov. 23, 2016 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China ("Ctrip" or the "Company"), today announced that it signed a definitive agreement with the majority shareholders of Skyscanner Holdings Limited ("Skyscanner"), a leading global travel search site headquartered in Edinburgh, the United Kingdom, under which Ctrip will acquire all of such shareholders' shares in Skyscanner and will offer to acquire shares from the remaining shareholders of Skyscanner. The terms of the acquisition value Skyscanner at... More