eLong, Inc. (Nasdaq: LONG), a leading online travel company in China (the "Company" or "eLong"), today announced the sale by Expedia, Inc. (NASDAQ: EXPE) ("Expedia"), the largest shareholder of the Company, of its 62.4% ownership interest in the Company held through its wholly owned subsidiary. Expedia informed eLong that, on May 22, 2015, all of the ordinary shares  Expedia owned were sold at an average price of US$14.63 per share  (equivalent to an average price of  US$29.27 per ADS) to several purchasers based in China, including C-Travel International, Ltd. (a wholly owned subsidiary of Ctrip.com International, Ltd. (NASDAQ:   CTRP)), Keystone Lodging Holdings Limited, Plateno Group Limited and Luxuriant Holdings Limited.