Mangocity.com, China's third biggest online travel service provider, recently held a groundbreaking ceremony for its headquarters and its online travel research and development center in Nanshan District, Shenzhen, Guangdong Province.
Huang Zhiwen, the chairman of mangocity.com, said that the construction of the company's new headquarters and its online travel R&D center is a meaningful step for itself and its parent company, China Travel Service (Holdings) Hong Kong Ltd., as it will boost their business development in Shenzhen.
The latest move is seen as an essential part of mangocity.com's efforts to become a top online travel service provider. It also shows its aggressive expansion in the online travel sector.
Mangocity.com was established as HK CTS Group's fully-owned subsidiary in March 2006. In the first half of 2010, the company recorded double-digit growth in its revenues, with online air ticket sales accounting for 50% of the total.