Universal Travel Group, a China-based travel seller trading on the New York Stock Exchange, revealed it will attempt to raise $20 million in a public offering.
Universal Travel Group, which competes with the likes of Ctrip and eLong, sells air, hotel and packaged tours online and offline, and operates TripEasy kiosks in malls, office buildings and tourist websites.
Read the full story at http://www.tnooz.com/2010/06/16/news/universal-travel-group-of-china-reveals-20m-public-offering/
