What is the relationship between Tencent and Tongcheng Tourism?

Wu Zhixiang, CEO of Tongcheng.com.. Com, confirmed in the company's internal mail, the same journey. Com received 500 million yuan investment from Tencent, Apollo and Yuanhe. After this financing, the same journey. Com still maintains a controlling stake in the company, with the goal of independent IPO. Tongcheng. Com has already obtained two rounds of financing before. In 2008, it received150,000 yuan of venture capital, and in 20 12, it received tens of millions of yuan of investment from Tencent.

Under the background of where Baidu owns, Alibaba invests in poor travel network, on the road, Tencent invests in E Long and Tongcheng, we can see that the giants have begun to grab the online travel market. The investment of 500 million yuan has been fully put in place, which is by far the largest investment in the domestic OTA field. What's the story behind this? How does Tongcheng cope with the price war with Ctrip? How is the listing plan planned? To this end, I interviewed Wu Zhixiang of Tongcheng. Com exclusive.