NASDAQ-listed Chinese online travel platform Ctrip.com International, Ltd. says that the company has agreed to invest US$200 million in venture-backed Tongcheng Network Technology Share Co., Ltd. for an undisclosed stake, according to an announcement made by Ctrip.com. Upon the completion of the deal, Ctrip will become Tongcheng's second largest shareholder after Tongcheng's management team. "We […]
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