Baidu Helps Consummate 3-Way Travel Deal In China

After dancing around each other for years, a deal today marries two of China’s top travel websites. Chinese travel company Ctrip.com International, Ltd. completed a share exchange transaction with search engine Baidu, Inc. in which Baidu has exchanged 178,702,519 Class A ordinary shares and 11,450,000 Class B ordinary shares of Qunar Cayman Islands Limited beneficially […]

Ctrip.com Shuffles Top Executives

Chinese tourism website Ctrip.com announced that James Liang has been appointed chairman and chief executive officer of the company; and Fan Min has been appointed deputy chairman and president, effective from March 1, 2013.