As reported by The Wall Street Journal and other media
outlets, eLong Inc., a leading mobile and online travel service
provider in China, announced that it has received a proposal from
Paul, Weiss client Tencent Holdings Ltd., a leading provider of
comprehensive Internet services in China, to take the U.S.-listed
company private by acquiring all the outstanding ordinary shares of
eLong that are not owned by its subsidiary TCH Sapphire LTD.