Ctrip Leads $100 Million Investment In EHi Auto

By | December 23, 2013

Scalper1 News

Chinese Web travel firm Ctrip.com International (CTRP) led a more than $100 million investment in Shanghai-based eHi Auto Services, a privately held car rental company, along with existing investors in eHi. EHi said in a press release Friday that Ctrip will become its second-largest strategic partner, after U.S.-based Enterprise Holdings, which invested in eHi in 2012. Ctrip is accelerating its interest in China’s booming car rental business. In Scalper1 News

Scalper1 News