Ctrip & Qunar: China’s travel merger

The merger between China's two leading online travel firms Ctrip and Qunar could herald more consolidation in the country's fiercely competitive online and e-commerce markets.

Chinese travel company Ctrip.com International has completed an all-share merger with Qunar, a technology provider and subsidiary of Baidu, as the two look to cooperate in China's burgeoning online travel market. 

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