Ctrip snaps up Trip.com
Silicon Valley based trip planning service Trip.com is being acquired by Chinese OTA giant Ctrip.
Terms of the deal were not disclosed although Trip.com had raised about $39 million in funding.
It also had a strategic partnership with Expedia-owned vacation rental firm HomeAway when in was previously called Gogobot.
Trip.com’s technology will be used to generate in-trip content for Skyscanner, another Ctrip owned business.
“Our aim has always been to make travel search as simple as possible, providing travelers everything they need in one single place,” said Skyscanner chief technology officer Bryan Dove.
“Adding Trip.com’s content to Skyscanner’s offering represents the next step towards that goal. Trip.com is inherently social and mobile, and we’re hugely excited to learn from, and work alongside, their great team.”
The Trip.com team will stay intact and continue operating from its Menlo Park, CA office.
It says more than 60 million people have used it to plan trips.
It offers recommendations for where to stay, eat and do in about 60,000 worldwide destinations.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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