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• They joined Shen to start up a venture in the
  middle of the Chinese internet frenzy. They
  decided to try an area that was not yet swamped
  with competitors online travel. With a booming
  economy and a growing middle class,
• the travel industry in China was growing
  strongly, though the major players were all
  state-owned enterprises that were slow to seize
  the opportunities. The three major travel
  services in China at the millennium were China
  International Travel Service, China Travel
  Service, and China Youth Travel Service, all run
  by the government.