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Expedia Group, Inc. is an American travel technology company that owns and operates travel fare aggregators and ... Orbitz: Travel Agency $ 1.6 billion [38] [39 ...
Orbitz was the airline industry's response to the rise of online travel agencies such as Expedia and Travelocity, as well as a solution [buzzword] to lower airline distribution costs. Continental Airlines , Delta Air Lines , Northwest Airlines , and United Airlines , subsequently joined by American Airlines , invested a combined $145 million to ...
In 2016, Gogobot, a travel booking and research company founded by entrepreneurs Travis Katz and Ori Zaltzman in 2010, acquired the Trip.com brand from Expedia and rebranded the service as Trip.com. [3] In November 2017, Ctrip acquired Trip.com. [4] At that time, Trip.com had more than 60 million users. [5] [6]
Orbitz Worldwide (NYSE: OWW) has been a major player in the online discount travel industry for years, competing with the likes of priceline.com and Expedia (NASDAQ: EXPE). The industry itself is ...
Kiichiro Sato/AP The shakeout in online travel continues. Expedia (EXPE) turned heads last week after announcing a $1.34 billion deal to acquire smaller rival Orbtiz Worldwide (OWW). Orbitz had ...
The three big U.S. online travel companies have reported earnings, which for the most part were very solid. However, in digging deeper into the numbers, and taking valuation into consideration ...