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JPMorgan Declares Ctrip The Winner Of China's Travel Market Consolidation
Wednesday, August 31, 2016 - 12:02pm | 374Read More...Analysts at JPMorgan, led by Hong Kong-based internet analyst Alex Yao, initiated coverage of China-based internet companies. While a lot of investor attention is focused on mega-cap names such as Alibaba Group Holding Ltd (NYSE: BABA), which is valued at nearly $250 billion, investors shouldn't...
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Another China-Based Company Goes Private: eLong To Be Acquired By Its Parent Company For $18.00/ADS
Thursday, February 4, 2016 - 3:11pm | 153Read More...eLong, Inc. (ADR) (NASDAQ: LONG), a China-based provider of mobile and online hotel reservations, announced on Thursday it has entered into an agreement to be acquired by its parent company, China E-dragon Holdings Limited and a consortium of shareholders. As part of the agreement, eLong...
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Ctrip, eLong Shares Are Booming After 'Strategic' Stake Revealed
Friday, May 22, 2015 - 8:44am | 290Read More...Ctrip.com International, Ltd. (NASDAQ: CTRP) on Friday announced a "strategic" investment in eLong, Inc. (NASDAQ: LONG) by acquiring shares from existing shareholders, including Expedia Inc (NASDAQ: EXPE) and others. China-based Ctrip is a leading travel service provider of accommodation...
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Expedia CEO On Competitiveness In Chinese Market
Friday, February 6, 2015 - 3:49pm | 425Read More...The troubles faced by online travel company Expedia Inc (NASDAQ: EXPE) don’t seem to be ending anytime soon. After recently losing its position as the world’s largest travel services company by bookings from Priceline Group Inc (NASDAQ: PCLN), the situation became more dire with worse...
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Credit Suisse On Expedia: Stay On The Sidelines
Friday, February 6, 2015 - 11:29am | 175Read More...Stephen Ju of Credit Suisse on Friday commented in a note that Expedia Inc (NASDAQ: EXPE) reported weaker-than-expected fourth quarter EBITDA due to an aggressive online and offline marketing spend. Ju notes that Expedia did report better-than-expected bookings and room night growth as a result of...
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Expedia Or Priceline: Which Would You Rather?
Monday, August 11, 2014 - 9:18am | 507Read More...In the race for supremacy in the online travel sector, several companies have held their own. Two -– Priceline (NASDAQ: PCLN) and Expedia (NASDAQ: EXPE) –- are solid stock picks. If you have them in your portfolio already, you know they are strong performers and will likely only get...
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Gobbling up on Chinese Internet Companies
Wednesday, May 18, 2011 - 12:17pm | 536Read More...Overwhelmed by earnings stories on Hewlett Packard (NYSE: HPQ), Dell (NASDAQ: DELL), IMF Chief getting arrested, and the debt ceiling crisis (if there's one; the bond market certainly does not believe in one, as it keeps rallying in preparation for the arrival of QE3), an acquisition news was...
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BMC Increases PT on eLong to $20, Reiterates Buy (LONG)
Tuesday, May 17, 2011 - 7:28am | 61Read More...BMC increased its price target on eLong (NASDAQ: LONG) from $17 to $20. At the same time, it left its rating unchanged at Buy. eLong's shares are skyrocketing recently. On Monday, its shares added 12.77% to its value to close the day at $16.96. In today's pre-market trading they added an...
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Brean Murray Raises PT On eLong To $20
Tuesday, May 17, 2011 - 5:45am | 28Read More...Brean Murray Carret & Co. has raised the price target on eLong (NASDAQ: LONG) from $17 to $20 and maintains its Buy rating.
