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China's tech titans take their battle to a new frontier - Travel

Baidu, Alibaba and Tencent hope to be front runner in an industry that's worth US$113b

Published Wed, Jun 28, 2017 · 09:50 PM
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Beijing

AFTER slugging it out in ride-hailing, bike rentals and food delivery, the battle among China's technology giants is spilling over into the travel sector.

Meituan Dianping, which has funding from Tencent Holdings Ltd, is getting ready to spend hundreds of millions of dollars over three to five years to unseat leader Ctrip.com International Ltd, backed by Baidu Inc. Also targeting the space is e-commerce juggernaut Alibaba Group Holding Ltd.

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