[Entry into Related Party Loan Agreements On August 4, 2015, the Company entered into a HK$ loan agreement with one of its major shareholders, under which the major shareholder extended an amount of HK$55,000,000 to the Company. The term of this loan is from August 4, 2015 to August 3, 2017. This loan was obtained by the Company in order]
[NON-BINDING PROPOSAL rd August 3 The Board of Directors Dear Directors: Tencent we Shares Company Company Management Transaction Tencent Holdings Limited, on behalf of its wholly owned subsidiary TCH Sapphire Limited (collectively, “ ADS Our proposed purchase price for each American depository share of the Company (“ Majority Stockholders Our proposal is conditioned upon the major shareholders in the Company] [SCHEDULE 13D (Amendment No. 1) eLong, Inc. (Name of Issuer) Ordinary Shares, par value $0.01 per share (Title of Class of Securities) 290138205 (CUSIP Number) TCH Sapphire Limited c/o Tencent Holdings Limited 29/F., Three Pacific Place, No. 1 Queen’s Road East, Wanchai, Hong Kong Telephone: +852 3148 5100 (Name, Address and Telephone Number of Person Authorized to Receive Notices and]
[58.com Announces Loan Transaction BEIJING, China, August 3, 2015―58.com Inc. (NYSE: WUBA) (“58.com”), China’s largest online marketplace serving local merchants and consumers, today announced that it recently obtained a short-term, interest-bearing loan of US$400 million from an existing shareholder of the Company. 58.com intends to use the proceeds from the loan for general corporate purposes. About 58.com Inc. 58.com Inc.] []
[eLong Reports Second Quarter 2015 Unaudited Financial Results ¨ Quarterly room nights exceed 11 million for the first time in eLong’s history LONG BEIJING, August 3, 2015 /PRNewswire/ -- eLong, Inc. (Nasdaq: Highlights n Accommodation reservation 1 room nights stayed in the second quarter n Gross revenue earned from accommodation reservation (Non-GAAP) 2 Accommodation reservation revenue (GAAP) Net commissions earned] []
[58.com Announces Loan Transaction BEIJING, China, August 3, 2015―58.com Inc. (NYSE: WUBA) (“58.com”), China’s largest online marketplace serving local merchants and consumers, today announced that it recently obtained a short-term, interest-bearing loan of US$400 million from an existing shareholder of the Company. 58.com intends to use the proceeds from the loan for general corporate purposes. About 58.com Inc. 58.com Inc.] []
[eLong Reports Second Quarter 2015 Unaudited Financial Results ¨ Quarterly room nights exceed 11 million for the first time in eLong’s history LONG BEIJING, August 3, 2015 /PRNewswire/ -- eLong, Inc. (Nasdaq: Highlights n Accommodation reservation 1 room nights stayed in the second quarter n Gross revenue earned from accommodation reservation (Non-GAAP) 2 Accommodation reservation revenue (GAAP) Net commissions earned] []
[eLong Announces Receipt of Preliminary Non-Binding “Going Private” Proposal rd LONG rd BEIJING, August 3 Tencent’s proposal is conditioned upon the Majority Stockholders agreeing to support, and to roll their existing equity in the Company into, the Transaction. Tencent intends to seek the support of the Majority Stockholders for this proposal and to negotiate definitive agreements for the participation of] []
[eLong Announces Receipt of Preliminary Non-Binding “Going Private” Proposal rd LONG rd BEIJING, August 3 Tencent’s proposal is conditioned upon the Majority Stockholders agreeing to support, and to roll their existing equity in the Company into, the Transaction. Tencent intends to seek the support of the Majority Stockholders for this proposal and to negotiate definitive agreements for the participation of] []
