Net Loss Widens For eLong.com's Chinese Internet Travel Business

Chinese Internet travel website eLong.com reported its unaudited financial results for the first quarter ended March 31, 2008 and says net loss from continuing operations worsened year-on-year by RMB31.7 million to RMB32.6 million, driven primarily by a RMB28.3 million increase in unrealized foreign exchange losses and a RMB4.1 million decrease in interest income compared to […]

Ctrip.com's Revenue Drops On Consecutive Quarters

Chinese Internet travel website Ctrip.com says it had total revenues of RMB367 million, representing a 47% increase from the same period in 2007 but a 4% decrease from the previous quarter, as it announced results for the quarter ended March 31, 2008.