Priceline Increases Ctrip, China Investment

By | May 26, 2015

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Priceline Group (PCLN) is expanding its share of China’s online travel market, through a bigger investment in China’s Ctrip.com International. Ctrip, China’s No. 1 provider of accommodation reservations, transportation ticketing, packaged tours and corporate travel management, said Monday it has received an additional $250 million investment from Priceline, the No. 1 online travel company. Ctrip.com International (CTRP) said the investment will be Scalper1 News

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