Alibaba invests in online tourism website
Alibaba has invested in popular website qyer.com.
The Hangzhou-based electronic-business giant said its customer-to-customer platform taobao.com will help qyer.com promote, book and customize tourism packages.
The company did not reveal the amount of the investment.
According to Cai Jinghui, chief operating officer of qyer.com, an increasing number of Chinese tourists are buying customized services and sharing travel information through social sites.
皇冠体育app's online tourism market saw turnover reach 253 billion yuan ($41 billion) in 2012, representing about 10 percent of the entire industry, according to the 皇冠体育app Tourism Academy.
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