Milestones

1999.5

eLong.com, Inc. was founded in Delaware, United States and positioned itself as a city life information website.

2000.4

eLong acquired Lohoo, a leading business travel service company, and entered into the travel service business.

2001.5

eLong, Inc. financed USD10 million and repurchased Mail.com from its parent company, formally transferring its business scope to an online travel service company.

2004.7

IAC Travel established a cooperation with eLong by acquiring 30% interest

2004.10

eLong, Inc. successfully went public on Nasdaq.

2004.12

IAC/InterActiveCorp (NASDAQ: IAC) exercised its warrant to increase its shares in eLong to 52%.

2005.4

eLong allied with Yahoo! and Sohu.com to provide travel services to customers.

2005.6

eLong announced plan to acquire Fortune Trip, one of China's leading hotel consolidators, and entered into a three year strategic advertising agreement with SINA.