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Search results for “financial review”
TripAdvisor reports second quarter 2016 financial results
08/04/2016
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10:09:56 AM
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Revenue was $391 million, a decrease of 3% year-over-year. GAAP Net Income for the second quarter of 2016 was $34 million, a decrease of 41% year-over-year.
Expedia stumbled after its radical approach to integrating Orbitz
08/04/2016
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9:24:20 AM
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Expedia Inc. bet big on how to tackle its integration of Orbitz Worldwide, acquired in September 2015, as it took the radical step of reassigning the bulk of the Expedia.com tech and product teams to work on the task of on-boarding Orbitz and its multiple brands.
Meituan-Dianping reportedly mulls hotel unit spin-off for independent financing
08/25/2016
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10:49:10 AM
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Meituan-Dianping would have to spin off its hotel business as the company was expected to run out the 3.3 billion dollars raised in its series E round within 1.5 years.
Peek raises $10 million in new financing
07/29/2016
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1:25:36 PM
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Tours and activities startup Peek has raised $10 million in fresh investment, bringing its total financing to $18 million.
The disappointing life of hotel industry booking site Room Key
07/12/2016
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10:33:19 AM
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Room Key, launched in January 2012, is the brainchild of six major hotel chains. However, it turns out to be a disappointment due to unreasonable profit model, limited marketing budget and pop-under ads.
Qunar to review non-binding going-private proposal
07/08/2016
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4:33:50 PM
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Qunar has retained Duff & Phelps as its financial advisor and Kirkland & Ellis as its U.S. legal counsel to review the "going private" proposal from Ocean Management.
Revinate closes series C financing, expands Professional Services to meet surging customer demand
07/05/2016
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2:47:59 PM
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Revinate, the software as a service (SaaS) company that helps hotels reinvent the guest experience, today announces it has raised $12.99 million in Series C financing.
Ctrip invests in outbound; Qunar back in the air
06/20/2016
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10:22:16 AM
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Ctrip is getting bigger by the quarter, with Qunar helping some but not all of its business lines achieve high double-digit growth in Q1 2016.
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