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As China’s middle class grows, outbound tourism is expected to surge. Ctrip, China’s leading online travel agent, has ­already faced down stiff competition to become the dominant platform for China’s hundreds of millions of domestic tourists; it’s on target to see international travel deliver 40% to 50% of its revenue within a few years. Net revenue for the second quarter increased 13% year over year, to $1.1 billion. Ctrip’s biggest new challenge: doing battle with Chinese tech giants like Meituan and Tencent eager for a piece of the lucrative market.

Company Information

Overall Score5.3
Sector
Technology
Industry
Internet and Direct Marketing Retail
CEO
Jane Jie Sun
Websitehttp://www.ctrip.com
Employees37,400
HQ Location
Shanghai
Revenues ($M) (Past 12 Months)$4,358
Profits ($M) (Past 12 Months)$796
Market Value as of Oct. 10, 2018 ($M)$18,510