About Ctrip
Ctrip is a company based in Shanghai (China) founded in 1999.. Ctrip has raised $10 million across 7 funding rounds from investors including Booking.com, Capital Today and Tiger Global. Ctrip has completed 9 acquisitions, including Chanyouji, Life TM Culture Spreading and Qunar. Ctrip operates in a competitive market with competitors including MakeMyTrip, Ixigo, Despegar, Traveloka and Priceline, among others.
- Headquarter Shanghai, China
- Stage Public
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 7 rounds
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Latest Funding Round
$2 B (USD), Debt – Conventional
Jul 05, 2019
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Investors
Booking.com
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Chanyouji
& 8 more
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Funding Insights of Ctrip
Ctrip has successfully raised a total of $10M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2 billion completed in July 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Debt – Conventional — $2.0B
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First Round
First Round
(01 Sep 2003)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Debt – Conventional - Ctrip | Valuation |
investors |
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| Dec, 2015 | Amount | Post-IPO - Ctrip | Valuation |
investors |
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| Dec, 2014 | Amount | Post-IPO - Ctrip | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ctrip
Ctrip has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Booking.com, Capital Today and Tiger Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity and venture capital are invested in Chinese SMEs.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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App-based platform for booking multiple categories of accommodations
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ctrip
Ctrip has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Chanyouji, Life TM Culture Spreading and Qunar. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cultural content related to Life TM is disseminated through initiatives.
|
2017 | ||||
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Online ride-hailing aggregator
|
2014 | ||||
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Social trip sharing platform
|
2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ctrip
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ctrip Comparisons
Competitors of Ctrip
Ctrip operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MakeMyTrip, Ixigo, Despegar, Traveloka and Priceline, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Online platform providing multiple travel booking services
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Travel services are booked via an AI-powered platform.
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| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ctrip
Frequently Asked Questions about Ctrip
When was Ctrip founded?
Ctrip was founded in 1999 and raised its 1st funding round 4 years after it was founded.
Where is Ctrip located?
Ctrip is headquartered in Shanghai, China.
Who is the current CEO of Ctrip?
Kimi Xiaozhou Liu is the current CEO of Ctrip.
Is Ctrip a funded company?
Ctrip is a funded company, having raised a total of $10M across 7 funding rounds to date.
What does Ctrip do?
Ctrip was founded in 1999 and is headquartered in Shanghai, China. The platform operates in the online travel sector, where bookings for flight tickets, hotel accommodations, train tickets, car rentals, and related services are facilitated. Users provide details and complete payments digitally. Operations focus on the Asia-Pacific region, supporting a range of travel needs through its integrated booking system.
Who are the top competitors of Ctrip?
Ctrip's top competitors include MakeMyTrip, Ixigo and Despegar.
How many acquisitions has Ctrip made?
Ctrip has made 9 acquisitions, including Chanyouji, Life TM Culture Spreading, and Qunar.
Who are Ctrip's investors?
Ctrip has 3 investors. Key investors include Booking.com, Capital Today, and Tiger Global.
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