WEB BRIEFINGS: Ctrip.com acquires China travel firm
<p>Marking the first acquisition by a mainland Chinese online travel </p><p>firm of a traditional business, Ctrip.com has acquired Xiandai Yuntong </p><p>Tourism Service. </p><p><BR><BR> </p><p>The move is expected to give Ctrip.com an advantage over its </p><p>competitors, which include CTN.com, and help the company generate </p><p>revenue. </p><p><BR><BR> </p><p>Xiandai Yuntong Tourism Service is one of the largest travel service </p><p>providers in China. </p><p><BR><BR> </p>
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