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by JulienSchmidt 3216 days ago
Neither Ctrip nor eLong are owned by Priceline / Expedia. They invested in the respective companies and own a stake, but Chinese law prevents that any foreign company owns the majority of any Chinese company. (Yes, even the Chinese McD, Apple, Starbucks etc are majority Chinese owned)

I am a bit shocked though, that Momondo is owned by Kayak. For me, Momondo has so far been the best alternative. And Skyscanner is owned by Ctrip, which has a strategic partnership with the priceline group...

1 comments

Then I doubt Apple China makes much profit - almost all profit will be booked to a company wholly owned by Apple US.