Ctrip to open SE Asian headquarters in Singapore

January 29, 2016 7:42 am 

SHANGHAI, Jan. 28 — China's largest online travel website Ctrip.com announced Thursday it will establish its Southeast Asian headquarters in Singapore.

Singapore is the NASDAQ-listed company's fourth overseas branch after North America, South Korea and Japan.

The new regional headquarters will also feature a global IT data center and a center for international financial settlements and investments, said a press release.

Ctrip.com has accelerated its international expansion in recent years by working with Priceline and Travelfusion.

Earlier this month, it announced a US$ 180-million investment in India's largest online travel agency MakeMyTrip. (PNA/Xinhua)

LGI/EDS

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