Tongcheng-ELong IPO: Our 'Two Cents' on Valuation of Tencent's Online Travel Business
This brief note will examine Tencent Holdings (700 HK)-backed Tongcheng-ELong's relatively low Monetization Rate on the transactions handled...
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Tongcheng-Elong IPO Valuation: An Awkwardly Timed Trip
Tongcheng-Elong Holdings Ltd (780 HK), the third largest online travel agency (OTA) in China, was formed through the merger of Tongcheng Network...
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Ctrip.com (CTRP): Surpasses Expedia and Booking to Become the Largest OTA, Upgrade to HOLD
CTRP became the largest OTA (Online Travel Agency) worldwide based on GMV (Gross Merchandise Value). CTRP’s GMV reached USD100 billion in the...
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Last Week in GER Research: Softbank, Haidilao, Tongcheng-Elong, Ctrip and 360 Finance
Below is a recap of the key IPO and event-driven research produced by the Global Equity Research team. This week we update on Softbank Group (9984...
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ECM Weekly (10 November 2018) - SoftBank, Tongcheng-Elong, Sinochem Energy, Bitmain, Frontage
Aequitas Research puts out a weekly update on the deals that have been covered by Smartkarma Insight Providers recently, along with updates for...
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