Warrington alumna featured by Forbes China
GAINESVILLE, Fla. – Jane Sun (BSAc ’92) was featured by Forbes China with a cover photo and story in the publication’s most recent issue. You can read the article about her success, “Passion And Purpose: Ctrip CEO Jane Sun Talks About China’s Travel Boom, Ageing Threat”. Sun ranked No. 15 on the 2017 Forbes China list of outstanding businesswomen in the country that was unveiled last week.
She joined Ctrip, a small online travel service company, as CFO in 2005 with the belief she was getting in early on a boom in China travel. The then six-year-old business had managed to list on the Nasdaq in 2003; when Sun joined two years later, its market capitalization was only about $500 million.
Today, Sun leads an industry heavyweight as the CEO with 33,000 staff. Ctrip’s market valuation of $25 billion exceeds better-known U.S. rival Expedia ($17 billion). Sales grew by 75% in the third quarter as it consolidated revenue with Qunar, the domestic competitor it merged with last year.
