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Skyscanner acquired by Ctrip for $1.7B

ir.ctrip.com

21–30 of 87 posts

Re: Skyscanner acquired by Ctrip for $1.7B

#21

As an American, I find there are better tools for finding domestic flights. However, for international flights, Skyscanner is always my go to tool.

Yeah SkyScanner is easily the best for international flights. Obviously in most countries a locally based competitor is going to be better for domestic flights.

Re: Skyscanner acquired by Ctrip for $1.7B

#22
post #15

Earlier quoted context omitted.

Business is increasingly global. Deals of this nature are not so surprising. Would you expand on your comment?

So if Twitter were bought by a Chinese company it would be the same as being bought by a British company?

I have a hard time understanding what's implied by questions like this, particularly in online forums. I'd rather not assume, as that could easily lead to misunderstanding. In the interest of discussion, would you say what you mean rather than make me guess?

Re: Skyscanner acquired by Ctrip for $1.7B

#23
post #7

Skyscanner is based in Edinburgh, with another large office in Glasgow. This is huge news for the Scottish tech scene, and will hopefully bring much needed cash to help it thrive. There's a lot of interesting stuff happening here in all types of tech. Sadly Scotland's other unicorn, FanDuel, looks set to close its hq in Edinburgh after merging with draft kings. However, that will probably release a lot of talent to h…

> happening here

Does that mean you're living there? I'm curious what the prospects are like there.

There's been more discussion lately about us Americans looking for work abroad. My wife is finally on board with making a move out of the US as a family, so I'm glad it's being discussed more.

Re: Skyscanner acquired by Ctrip for $1.7B

#24
post #15

Earlier quoted context omitted.

Business is increasingly global. Deals of this nature are not so surprising. Would you expand on your comment?

So if Twitter were bought by a Chinese company it would be the same as being bought by a British company?

Yes.

Re: Skyscanner acquired by Ctrip for $1.7B

#27
post #22

Earlier quoted context omitted.

So if Twitter were bought by a Chinese company it would be the same as being bought by a British company?

I have a hard time understanding what's implied by questions like this, particularly in online forums. I'd rather not assume, as that could easily lead to misunderstanding. In the interest of discussion, would you say what you mean rather than make me guess?

My guess is they are implying that people here would not be stoked if a company based in a country whose government demands widespread censorship of some topics and criticisms of the same government, purchased a company that is/was to some extent a force for free speech.

Re: Skyscanner acquired by Ctrip for $1.7B

#29
From about 2005-2009 I founded a hotel reservation platform in direct competition to CTrip and ELong, both of whom were already Nasdaq listed with deep pockets. I successfully grew the business to the same network size as the competitors on a shoestring budget through automation, undercutting them on almost every property, and even offered services in six human languages (they almost managed 2). We received rave reviews from users, most of whom were local. The problem was, I didn't have the capital for a marketing budget, every advertising channel we tried had very low returns, and I was not confident enough to seek capital domestically. I still think there is loads of room for alternative booking platforms here in China, but the up-front capital costs to buy in to a large enough audience remain fairly significant.

Re: Skyscanner acquired by Ctrip for $1.7B

#30

The company was formed in 2001 by three IT professionals, Gareth Williams, Barry Smith and Bonamy Grimes, after one of them was frustrated by the difficulties of finding cheap flights to ski resorts. [1] Lessons: scratching a trivial-seeming personal itch can pay off handsomely in the long term. And it takes a loooong time to make it big in travel. Like most travel startup founders who've attended industry events ove…

Disclaimer: I'm the Engineering Director for Skyscanner's Japan office.

During my interview process, I had an hour session with Gareth, and since joining the company in February, have had several opportunities to work with him directly.

He is a very kind person, and works hard to take care of both his team and our travelers. It's actually a core part of how we do business: the needs of the traveler come first, and our profit metrics come second.

I'm glad to see people like that be successful.

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