The huge loss of common improvements in the online travel agency burn land grab time to end

The huge loss of common improvements in the online travel agency "burn" land grab time to end? Online Travel Agency (OTA) in the burn war may soon come to an end, they lose the "common" also seems to have signs of improvement. Train tickets, bus tickets, and other financial services has gradually become OTA new revenue growth, while at the same time, has always been to "burn" regardless of the cost to raise awareness, to seize the market share of the OTA giant finally began to pay attention to the cost control. Beijing time on September 1st morning, Ctrip announced the financial results for the second quarter ended June 30, 2016. Financial performance data show that Ctrip net income of 4 billion 400 million yuan, compared with the same period last year, an increase of 75%. Higher than Wall Street had expected 72% of the data. Since December 31, 2015 where the network merged with the two quarter of this year, Ctrip net loss attributable to shareholders of the company reached 521 million yuan, up to loss (compared to a net profit of 143 million yuan). However, compared to the first quarter, the loss has been significantly reduced. Net profit attributable to shareholders during the first quarter of the reporting period was 1 billion 600 million yuan. Published on the same day where the network as of June 30, 2016 unaudited second quarter earnings report also shows that the loss is decreasing. Non US GAAP, where to go online quarterly net loss of 373 million 300 thousand yuan, compared to $623 million 800 thousand last year. The performance report shows good performance, growth in revenue to thank Ctrip’s four business sectors: the second quarter of this year, Ctrip accommodation booking revenue 1 billion 800 million yuan, an increase of 61%, growth of 10%; transportation income has achieved 2 billion yuan, an increase of 90%; tourism business revenue of 474 million yuan, an increase of 44%; business management business revenue of 1.47 yuan, an increase of 22%. In terms of large traffic revenue, the airline’s new ticket agency policy for OTA is not expected to be so violent. Air ticket booking business is now on the same battlefield, in fact, the changes in this area is beneficial for OTA." Wang Xiaofan, chief financial officer, said in the earnings conference call, now our airline booking business has begun to restore stability, the next year will continue to improve." It is worth mentioning that Ctrip performance report, belonging to the new business category of train tickets and car tickets with comprehensive information and good value-added services, both in the amount of high growth in the amount of votes. Car tickets in the volume of business grew by 400% on the occasion, but also covers the domestic bus station more than 3 thousand. "At present, the total amount of our train tickets has exceeded the size of the ticket booking." Wang Xiaofan said. In addition to train tickets, car tickets, financial services has also become a new revenue growth point OTA. Tuniu two quarterly report released shortly before the show, the second quarter of 2016, the way cattle "other income was 85 million 700 thousand yuan, up 247.3% growth over the same period in 2015. This growth is derived from the insurance service fee income, financial income.相关的主题文章: