Expedia Sells Majority Stake In Chinese Partner eLong For $671 Million

expedia It’s been a pretty busy and expensive 2015 so far for Expedia — which forked out $280 million to buy Travelcity in February, before shelling out $1.6 billion for Orbitz a week later — but the travel giant is divesting one major asset after it sold its majority stake in eLong, its loss-making partner in China, for $671 million. Read More

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s