Under the expanded cooperation agreement, Ctrip will integrate eHi's chauffeured car services, including airport pick-up and drop-off and other business transportation services, into its corporate and individual service offerings.
SHANGHAI – eHi Car Services Limited (“eHi” or the “Company”) (NYSE: EHIC), a leading car rentals and car services provider in China, and Ctrip (NASDAQ: CTRP), a leading travel service provider for hotel accommodation, ticketing services, packaged tours and corporate travel management in China, jointly announced the expansion of their business partnership to include deeper integration of travel products and services for individual and corporate clients in China.
Under the expanded cooperation agreement, Ctrip will integrate eHi’s chauffeured car services, including airport pick-up and drop-off and other business transportation services, into its corporate and individual service offerings. Ctrip will also feature and promote eHi’s services on its official website, mobile client application and its various offline channels. The expanded partnership builds on the previous cooperation agreement of the two companies which appointed eHi as the designated and preferred business partner of Ctrip in providing car rental services. As part of that agreement, Ctrip integrated access to eHi’s online reservation system in its Ctrip Travel mobile application.
Ray Zhang, eHi’s chairman and chief executive officer, said, “We believe the expanded partnership and continued integration of eHi’s professional and comprehensive car rentals and car services into Ctrip’s leading online travel platform will help enrich the travel experience and solve the ‘last mile’ needs of business travelers and tourists in China. Additionally, we anticipate that the synergies between our businesses will allow us to provide more competitive travel products and gain access to Ctrip’s user base, which will help us grow user traffic.“
James Liang, chairman and chief executive officer of Ctrip, said, “eHi’s car rental services have been the preferred choice for Ctrip clients and this has helped pave the way for the deepening of our cooperation. In our never-ending quest to provide a seamless travel experience for our customers, we aim to team up with car service partners we know can be trusted to deliver quality services. eHi has been a natural partner with its leading car rentals and car services platform, broad geographic coverage and innovative services.“
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