Zhong Lun Advises on Merger of Tongcheng Network and E-Dragon
Zhong Lun Advises on Merger of Tongcheng Network and E-Dragon
On December 29, 2017, Tongcheng Network and E-Dragon, two leading online travel service providers in China, jointly announced their merger into a new company “Tongcheng-E-long". Tongcheng-E-long will consolidate their respective resources in transportation and hospitality, and build up a more advanced platform for travel services.
Zhong Lun Law Firm acted as the PRC legal counsel to Tongcheng Network in this transaction. The legal team from Zhong Lun was led by Anthony Zhao and William Jia, and included Roy Zheng, Cynthia Yuan and Jermyn Hu.