2013-07-23
Alibaba Group Makes Strategic Investment In Online Chinese Travel Service
China's Alibaba Group has announced a strategic investment in Qyer.com, a Chinese tourist information and online value-added service provider. Financial details of the deal have not been released by either party. A representative from Alibaba said that Qyer.com can provide outbound travel products, services, and content to the tourism sector within Taobao.com, allowing users to [...]