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Aggregated China Business Blogs
Baidu Leads $3.4B Share Swap Deal In Ctrip-Qunar Alliance
Aggregated Source: China Money Network
Chinese search engine Baidu Inc. has led a major share swap transaction valued at US$3.4 billion, exchanging its stake in online travel search firm Qunar to shares of Ctrip.com International Ltd, according to a company announcement. The share swap is part of a broader business alliance between Ctrip and Qunar, two long-term rivals in China's […]


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