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Aggregated China Business Blogs
Ctrip.com Invests USD180 Million In Indian Peer
Aggregated Source: ChinaTechNews.com
Chinese Internet tourism service provider Ctrip.com announced that the company will invest USD180 million in Indian online tourism company MakeMyTrip by purchasing convertible bonds. Meanwhile, MakeMyTrip will allow Ctrip to purchase a certain amount of shares on the open market, which can raise Ctrip's stake in MakeMyTrip up to 26.6% at the most. On the […]
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