NASDAQ-listed Chinese online travel platform Ctrip.com International, Ltd. says that the company has agreed to invest US$200 million in venture-backed Tongcheng Network Technology Share Co., Ltd. for an undisclosed stake, according to an announcement made by Ctrip.com. Upon the completion of the deal, Ctrip will become Tongcheng's second largest shareholder after Tongcheng's management team. "We […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.