China: Wanda Tourism merges with online travel platform Tongcheng

China: Wanda Tourism merges with online travel platform Tongcheng

Dalian Wanda Group's Wanda Plaza building is pictured in Beijing, China, May 17, 2016. REUTERS/Kim Kyung-Hoon/File Photo

Dalian Wanda Groups offline travel agency will merge with private equity-backed China’s online platform Tongcheng Network Technology Co Ltd to create a large entity that would potentially look at a public listing going forward.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter