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Chinese Travel Firms in Tie-Up as Competition Rises

BEIJING—Two of China’s biggest online transport companies are fasten army amid heightening foe for engagement train, craft and hotel reservations in a fast-growing market.

A share barter denounced on Monday would closely tie U.S.-traded rivals Ctrip.com International Ltd. and Qunar Cayman Islands Ltd. amid an increasingly costly competition to offer Chinese travelers. It would also tie a dual companies closely to Baidu Inc., the…

Article source: http://www.wsj.com/articles/chinese-travel-firms-in-tie-up-as-competition-rises-1445866130

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