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Ctrip, Qunar Agree to Share Swap, Form Business Partnership – Bloomberg
Aggregated Source: China Travel - Google News

Ctrip, Qunar Agree to Share Swap, Form Business Partnership
Bloomberg
Ctrip.com International Ltd. and Qunar Cayman Islands Ltd. agreed to a share swap and partnership that creates China's biggest online travel service. Baidu Inc., which controls Qunar, will own 25 percent of Ctrip, according to a statement released Monday.

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