BUSINESS DEVELOPMENT (GREY:BDEV)

Monday, May 2, 2011 | Web News
We believe that our cash on hand and cash flow from operations will meet part of our present cash needs and we will require additional cash resources, including loans,...
Sunday, November 21, 2010 | Web News
Highlights for the third quarter of 2010. Net Revenue: Our net revenue was $3,073,712 and $7,857,453 for the...
Sunday, November 21, 2010 | Web News
We believe that our cash on hand and cash flow from operations will meet part of our present cash needs and we will require additional cash resources, including loans,...
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At least one VIE exists in the corporate structure

BDEV went public via a reverse merger transaction on March 30, 2009.

We are a provider of B2B e-commerce travel services and technology in China, specializing in developing products and services, marketing strategies and business solutions for small and medium sized, or SME, travel agents. We pioneered the development of an online B2B marketplace that: offers travel agencies an efficient, low cost, and trusted platform for disseminating information on travel services and products; provides travel agencies with access to consolidated and organized air ticket inventory and price information; and connects travel agents nationwide directly to conduct and grow their business. We conduct our business primarily through our websites located at www.zuwin.cn and www.eztripmart.com.

Our online marketplace removes geographical barriers for travel agents in a rapidly developing, yet highly fragmented market. Travel agencies in different regions across China come to our marketplace to establish their presence on the Internet and conduct business online. Our travel agency users can maximize their efficiency and profitability by browsing through real-time listings of available air ticket inventory across China to obtain favorable prices for their customers that would not be otherwise available. For many SME travel agencies wishing to market products and services through online channels, their listings on our marketplace serve as their only presence on the Internet.

Last updated April 4, 2009