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eLong Names New CFO, Reports Quarterly Revenue Decrease

Aggregated Source: ChinaTechNews.com
March 8, 2007|

Chinese Internet travel company eLong.com's (LONG) business has hit a wall as its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2006 show the company's revenues decreased 7% sequentially. "While we faced a challenging fourth quarter, we are pleased with the improvements we have made to our infrastructure during the period. [...]

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