April 3, 2007

Ctrip on wheels

Filed under: Automotive,Ymer News — Administrator @ 9:17 pm

In today’s South China Morning Post Business section Sherman So filed an article on United Automible Association titled Club hitches ride on fast growing car ownership.

“Basically, we are like Ctrip,” Mr Lu said, who sold his previous ventures for more than US$12 million. “Ctrip partners hotels and airlines and takes commission from them when customers make bookings. We partner car repair shops, insurance companies and others and take commission from them when our members require these services.”

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