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Tencent Makes Travel Mates of eLong, Tongcheng. By Douglas Young – Apr 11, 2014 at 2:00PM A new strategic tie-up between eLong and Tongcheng could foreshadow an eventual merger ...
Tongcheng-Elong Holdings Ltd., a Chinese travel website backed by Tencent Holdings Ltd., raised $180 million after pricing its Hong Kong initial public offering near the bottom of a marketed range.
Chinese internet giant Tencent may soon have another opportunity to cash in on one of its investments. Travel company Tongcheng-Elong is planning an initial public offering in Hong Kong in the ...
Tencent Holdings Ltd. is working with the Chinese government to create an electronic pass system that smooths travel between Hong Kong, Macau and the southern province of Guangdong.
Tencent has made a bid to buy all outstanding shares of eLong, one of China’s biggest online travel agencies (OTA). The maker of WeChat, China’s largest messaging service, already owns shares ...
Tencent Holdings-backed online Chinese travel firm Tongcheng-Elong launched a far smaller-than-expected Hong Kong IPO of up to $233 million on Tuesday, amid a weak stock market and a string of ...
NEW YORK—Tencent Holdings Ltd.700-1.85%decrease; red down pointing triangle wants to buy the rest of Chinese travel company eLong Inc. for $622 million, as the Internet conglomerate and its ...
Bottom line: A new $300 million investment by Tencent, Baidu, ... Tencent, Baidu Travel Together With Bitauto Investment. Jun. 07, 2016 2:37 PM ET Tencent Holdings Limited ...
China's tech giant Tencent: what you need to know Chinese tech titan Tencent is set to invest $1.25 billion in French video game maker Ubisoft, in exchange for a 25 percent stake in a new ...
Tencent's third-quarter profits rose 47%, exceeding estimates, with gains from gaming, advertising, and cloud services. Revenue grew 8% annually, slightly below forecasts. Tencent’s AI tools ...
Just days after reports emerged that China's top two online travel agents were in talks for a potential merger, rivals eLong and venture-backed Tongcheng have announced their own new tie-up that ...