China online travel service provider files for HK IPO
Tongcheng-eLong, a Chinese online travel services company backed by Tencent Holdings and domestic travel leader Ctrip, has filed for a Hong Kong IPO.
Financial details have not been disclosed. The South China Morning Post reported that the company is seeking to raise between $1 billion and $1.5 billion. According to a draft prospectus, Tencent is...
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