Ctrip.com has developed into one of the most
successful Intenet companies in China, In thepast two years, he ompany achieved
134% and 66% profit growth respectively, with a marketcapitalization as high as 1.5 billion US ollar. One of the key reasons behind Ctrip's success isthe unique industrial environment in the tourism market, here trip can represent the massconsumers to negotiate with hotels and airliners for a discount rate and collect ommissions fromthe latter. Some lnternet websites have copied Ctrip's business model, expecting to create anotherbusiness miracle. Topstudy.com seems to the most
successful one among them. The companyestablishes a latform bridging students and schools and generates revenues by collectingcommissions from schools. opstudy.com made profit in the first quarter after establishment andits revenue has reached tens of millions yuan in 005. lkang.com, a
healthcare website, has attractedover 200 doctors and nurses as healthcare advisors and started roviding healthcare services toseveral big local companies. However, in the real estate industry, online business roves to bemuch more difficult. Focus.cn and soufun.com, China's two largest real estate websites are stillrelying ainly on the advertising income. Both websites' revenues are no more than 200 millionyuan in 2005.