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Wednesday, January 14, 2009

Alibaba's Alipay Announces Ctrip Partnership

Wednesday, January 14, 2009
Online travel services provider Ctrip.com International, Ltd. (Nasdaq:CTRP) partnered with Alibaba Group's online payment tool Alipay on January 13, reports Sina. The companies will launch a joint promotion in mid-January. No further details were provided. Ctrip competitor eLong (Nasdaq:LONG) partnered with Alipay in September 2008.

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