Summary | Ctrip received a controlling 36.7 percent stake in
eLong, paying $400 million for the shares.

eLong shares
jumped 9 percent after the deal was announced.By parison, the
much younger Qunar is worth $6.3 billion, even though
it’s losing big money.The pany was reportedly in talks
last year to merge with Qunar, easily its biggest ...

youngchinabiz.com | 25 May 2015