Transforming a long-standing global airline into a customer-centric digital organization begins with listening. And even outside China, the Chinese social media is part of the first step.
China’s dominant OTA Ctrip is searching for new acquisition targets, despite tougher capital controls enforced by Beijing last fall.
Ctrip, China's biggest trip-booking website, is among suitors weighing bids for German media giant ProSiebenSat.1 Media SE’s Sweden-based online travel unit, according to a Bloomberg report.
Expedia acquired a majority stake in Rail distribution platform SilverRail Technologies.
Cisco announced that it is buying MindMeld for USD 125 million. Founded in 2011, MindMeld helps businesses to build conversational interfaces with cloud-based services.
London-listed beach holidays specialist OnTheBeach has bought the “highly complementary” Sunshine.co.uk for £12 million.
Ctrip's transportation ticketing revenues in first quarter of 2017 rose 48% to USD 418 million after consolidating Skyscanner results for first time. The same revenues in Q1 2016 grew 106% YoY.
Guesty just raised $3 million, building tech to help property managers optimize their listings.