By Breaking Travel News Alibaba Group has set its sites on the rapidly evolving online travel space with confirmation it will spin-off its online travel business Taobao Travel to become an independent business named Alitrip. Headquartered in the eastern city of Hangzhou, Alibaba operates China’s most popular online shopping platform, Taobao.
Source: Breaking Travel News – News
Alibaba Group spins off Alitrip as competition grows in online travel
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