Expedia has exited travel services provider Trip.com, which had raised $39m, in an acquisition of undisclosed size by online travel agency Ctrip.
China-based online travel agency Ctrip has acquired US-based travel planning platform Trip.com for an undisclosed amount, providing an exit for online travel services provider Expedia.
Originally known as Gogobot.com, Trip.com offers travellers personalised recommendations for places to eat, stay and visit using predictive intelligence that takes into account various factors including location and weather.
Users can book hotels, restaurants and event tickets based on the platform’s recommendations. Ctrip plans to use the acquisition to upgrade Skyscanner, the travel search…
