Tiny startup Trip com has been acquired by Chinese travel giant Ctrip – a move that could

Channel:
Tech Feed
Subscribers:
1,110
Published on ● Video Link: https://www.youtube.com/watch?v=CSvLDqdDMZc


Duration: 4:18
5 views
0

Tiny startup Trip.com has been acquired by Chinese travel giant Ctrip – a move that could shake up the travel industry (CTRP).


Chinese travel giant Ctrip has made an interesting step into the US travel market by buying a small Palo Alto, California, startup known as Trip.com. Terms were not disclosed but Trip.com raised $39 million from investors like Battery Ventures, Redpoint and Expedia via a strategic partnership with Expedia's vacation-home-rental unit Homeaway. 

CEO Travis Katz, who is staying on along with all of his employees, told us he put the deal together himself and is "happy with it" as are his investors.



Other Videos By Tech Feed


2017-11-01Here come Tesla earnings TSLA
2017-11-01ACCC launches NBN wholesale standards inquiry
2017-11-01Razer uses Nextbit knowledge to craft its own gamer friendly smartphone
2017-11-01Georgia insists server deletion was “not undertaken to delete evidence”
2017-11-01RBA wants banks involved in Australian government digital identity solution
2017-11-01Symantec gets boost from high profile data breaches, cybera ttacks but cloud shift adds Q2
2017-11-01Sales up, revenue up, but still losing money A Tesla story
2017-11-01No matter what, do not break your iPhone X – repairing it will cost more than ever
2017-11-01Razer's first mobile device is a smartphone for gamers
2017-11-01Tesla missed big time on earnings, but the company's core business is in good shape TSLA
2017-11-01Tiny startup Trip com has been acquired by Chinese travel giant Ctrip – a move that could
2017-11-01Hands on The Razer Phone comes with a 120hz display and incredibly good speakers
2017-11-01Here are the Kremlin backed Facebook ads designed to foment discord in US
2017-11-01Make espresso on the go with help from this Kickstarter project
2017-11-01AI and human understanding will win the w ar for talent
2017-11-01Google's 'Fast Pair' makes it easy to connect Bluetooth headphones to Android phones —
2017-11-01Google Home error shows why digital assistants still have a long way to go
2017-11-01The Canadian ghost town that Tesla is bringing back to life
2017-11-01These are the incredible results of Google's 'Sheep View,' which used sheep to map a set of
2017-11-01Nvidia’s new AI creates ‘people’ out of thin air
2017-11-01Obelus puts an intergalactic insurance salesman into a battle mech


Tags:
Tiny startup
Trip.com has been acquired by Chinese travel giant Ctrip – a move that could
Tiny startup Trip.com has been acquired by Chinese travel giant Ctrip – a move that could