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Alibaba Group’s new Alitrip travel website in China is drawing a competitive response from Expedia, which has carved out a successful presence in Chinese online travel through its local unit, eLong. Expedia (EXPE), based in Bellevue, Wash., has long regarded Shanghai-based Ctrip.com (CTRP) as its chief rival in China. But Alibaba ‘s (BABA) Oct. 27 announcement that it’s turning Taobao Travel, part of Taobao.com, into an independent website named Scalper1 News
Scalper1 News