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Ctrip To Expedia: No Thanks For eLong
CTRP, Ctrip, Expedia, Internet, LONG, e-commerce, eLong, travel
Editorial Summary
Expedia wants to sell part of its stake in Chinese online travel services provider eLong's (Nasdaq: LONG) to Ctrip (Nasdaq: CTRP), according to a rumor reported by China Business News. A Ctrip manager replied that Ctrip's development and performance are much better than eLong and there is no reason for Ctrip to purchase eLong shares.
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eLong (profile) |
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