Ctrip acquires stake in major Chinese airline Travel Daily Media (press release) (registration) (blog) Ctrip.com International, the Chinese online travel giant, is has agreed to acquire a stake in Shanghai's China Eastern Airlines. Ctrip, which is also based in Shanghai, will pay CNY3 billion (US$463 million) for a 3.55% stake, at a price of CNY6.44 per ... |