Chinese travel giant Ctrip bets on acquisitions to expand its ops globally

Chinese travel giant Ctrip bets on acquisitions to expand its ops globally

Jane Jie Sun, CEO of Ctrip.

China’s largest online travel group Ctrip recently made headlines when it increased its ownership in Indian online travel company MakeMyTrip to 49 per cent, paving the exit for early investor South Africa-based media group Naspers Limited.

“We are going through the startup phase for the third time,” Jane Jie Sun, CEO at Ctrip, told DEALSTREETASIA in an interaction. “The first was when we started Ctrip as a company. The second was during the mobile revolution. Today, it is the third – Ctrip is going global,” she added.

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