Tag: Ctrip

Major Chinese Travel Agencies Agree to $5.9 Billion Share Swap

Shuang Shan Baidu Inc.—the majority shareholder of Qunar Cayman Island Ltd—agreed to swap shares worth nearly $5.9 billion with Ctrip.com International Ltd in exchange for a 25 percent stake in Ctrip.com. At the completion of the deal that was revealed...

/ October 28, 2015