Bidness ETC | Expedia sells stake in Chinese travel service U.S. News & World Report NEW YORK (AP) â€" Expedia sold its entire stake in eLong, a Chinese travel service, to a group of businesses based in China for roughly $671 million. The news sent shares of the online travel company up more than 5 percent in midday trading Friday. Online Travel Shakeup: CTRP Buys eLong From Expedia Ctrip Rallies as Elong Purchase Cools Chinese Travel Competition Expedia Inc (EXPE) Sells Stake In Chinese Travel Si te eLong For $671 Miliion |
Friday, May 22, 2015
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