China’s two largest travel booking giants Qunar and Ctrip are partnering up to end a long period of rivalry and courtship with a share swap. The deal follows two major mergers between competing tech companies in China this year (taxi app firms Didi Dache-Didi Kuaidi, and Yelp-like rivals Dianping-Meituan), although Qunar and Ctrip are entering into a business partnership not merging. Read More

Source: Tech Crunch