Core Viewpoint - The article highlights ongoing issues with Ctrip's car rental service, including frequent instances of "goods not matching" and allegations of false advertising, which have raised concerns about the company's service quality and regulatory compliance [1][7][9]. Summary by Sections Company Performance and Management Actions - Ctrip's total revenue for the first half of the year reached 28.7 billion yuan, a year-on-year increase of 21%, with operating profit at 7.665 billion yuan, up 27%, and net profit at 9.194 billion yuan, a 17% increase, indicating an average daily income of 159 million yuan [13][14]. - Ctrip's executives, including Liang Jianzhang and Fan Min, have collectively planned to cash out approximately 760 million yuan, raising market speculation about the company's future prospects as they sold shares when the company's performance was strong and stock prices were near historical highs [1][12][17]. Customer Complaints and Service Issues - Numerous customers have reported issues with Ctrip's car rental service, including receiving vehicles that do not match the descriptions provided at the time of booking, such as receiving older models instead of newer ones [7][9][10]. - Users have expressed concerns about the superficial nature of the vehicle inspection process, which often leads to customers unknowingly signing off on vehicles that do not meet the agreed-upon conditions, thus undermining consumer rights [10][11]. Regulatory Scrutiny - Ctrip has faced regulatory scrutiny, with market regulators conducting administrative talks with the company in August and September, indicating potential violations of the Electronic Commerce Law and the newly effective regulations against unfair competition [13][18]. - The article notes that Ctrip's platform has received over 140,000 complaints, with thousands related to its car rental service, highlighting a significant gap between the company's rapid business growth and its service quality [14][18]. Market Position and Competition - The online car rental market in China is growing rapidly, with Ctrip holding a 13% market share, ranking third behind Shenzhou Car Rental and Yihai Car Rental, which hold 24% and 18% respectively [17][18]. - The competitive landscape is intensifying with emerging platforms like Feizhu, Hello, and Didi, which are rapidly gaining market share, posing challenges for Ctrip to maintain its position [17].
路虎变丰田?携程租车被曝「货不对板」,验车单形同虚设?