Searching for "Expedia"
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According to an industry insider, Chinese online travel service provider Ctrip (Nasdaq: CTRP) plans to acquire US online travel site Expedia's ownership stake in rival Chinese travel site eLong (Nasdaq: LONG) through a share swap agreement. Read More
James Jian Liu, COO of Beijing-based social networking site operator Renren (NYSE: RENN), recently disclosed that Renren and Chinese online travel service provider eLong (Nasdaq: LONG) have established a joint venture to develop social travel products. Read More
Shenzhen-based travel services group-buy site 17Yezi.com has received USD 5 mln in venture capital investment from Israeli SNS investor Koolanoo. Read More
According to industry sources, American online travel company Expedia will soon announce its purchase of Chinese travel search engine and classified ad site Kuxun. Read More