Skyscanner sold to Ctrip for $1.75bn
Skyscanner, the British based travel search enterprise, has been bought by the Chinese giant Ctrip.
The online Chinese travel firm paid $1.75bn for the company based in Edinburgh.
“Fill your life with adventures, not things. Have stories to tell, not stuff to show,” —Anonymous #letsgoeverywherehttps://t.co/SyWH9QwEk9pic.twitter.com/TatEB46EjZ— Skyscanner USA (@SkyscannerUSA) November 24, 2016
Skyscanner provides a best price web-based service by comparing costs across a number of travel sites helping users to find flights, hotels, and hire cars.
Ctrip compra Skyscanner Holdings por 1.400 millones de libras https://t.co/uh3IUF1Fihpic.twitter.com/V6rDcuOehf— Eduardo Campos (@edcamposj) November 24, 2016
The company insists it will remain independent with the same management team.
Co-founder and chief executive Gareth Williams
says Skyscanner will retain a “traveller-first approach.”
While Ctrip expects Skyscanner to complement its position in the global market.