RealTime IT News

Today's Deals: Media Moguls to Acquire Online Jobs Sites

Aperian + OuterNet, chinadotcom + chinaholiday.com, Digital Island + SoftAware Networks, eMerge Interactive + Billings Livestock Commission, LeMaster, E*TRADE + eInvesting, Hemera Technologies + GraphicCorp, Mediaplex + AdWare Systems, Tribune, KnightRidder.com + CareerBuilder.com, CareerPath.com, YouthStream Media Networks + Teen.com

 chinadotcom (CHINA) acquires stake in chinaholiday.com


   *  Amount:         Undisclosed


   *  Terms:            n/a

   *  Premium:        n/a


   *  Industry:        Content/Communities


   *  Scorecard:      B


    HONG KONG, July 17--chinadotcom , the leading pan-Asian integrated Internet company, announced it has acquired a majority stake in chinaholiday.com, the leading Mainland China B2B travel platform. chinaholiday is the only Web site to have the exclusive online franchise for distributing travel products and packages of China Travel Services, the leading state-owned travel agency in China. Through this investment, chinadotcom is well positioned to take full advantage of China's potential to be the largest e-Commerce mar