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Tongcheng Preparing to Stand on Its Own Without Trip.com and Tencent?
Summary
Key Takeaways: A new stock exchange filing shows leading online travel agent Trip.com may have begun to sell down its longtime stake in Tongcheng, the industry’s second-largest player China’s online travel industry is riddled with anticompetitive cross-holdings, including Trip.com’s stakes in Tongcheng and Qunar
Original Article
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Read Full ArticleArticle published on September 9, 2022 by benzinga