Posted inChina, Hong Kong

Tencent-backed travel agency files Hong Kong IPO

Tongcheng Yilong, a Chinese online travel agency backed by the Internet giant Tencent, filed an IPO application on Thursday to go public in Hong Kong, reported. According to the prospectus, Tencent, which holds a 24.92% stake in the company, is the largest shareholder. It is followed by Ctrip, currently the largest online travel agency […]

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