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Search results for “takeover”
Cutting down on payment-related fraud via machine learning and AI
08/15/2018
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7:52:49 AM
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Travel merchants need to do away with outdated antifraud technologies that cause high false positive rate. That’s why companies are being recommended to go for real-time machine learning.
Ctrip merges with Qunar in vacation unit, denies Tuniu takeover
11/23/2016
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10:41:01 AM
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Ctrip’s senior management announced in an internal letter that the company has merged with Qunar in their holiday units. Rumor of Ctrip buying Tuniu has been denied, meanwhile.
Travelsky completes OpenJaw takeover for USD 39.4 million
05/10/2016
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1:33:21 PM
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Travelsky has completed its full acquisition of OpenJaw, a wholly-owned subsidiary of GuestLogix, in a USD39.4-million deal that is TravelSky’s first overseas purchase since its inauguration
U.S. company sues China's HNA over deal, cites opaque ownership
12/12/2017
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2:18:02 PM
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U.S. software engineering company Ness Technologies has sued Chinese conglomerate HNA Group accusing it of failing to adequately answer questions about its ownership.
Didi Chuxing to take over troubled bike-sharing startup
01/03/2018
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9:40:44 AM
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Chinese ride-hailing giant Didi Chuxing has agreed to acquire cash-strapped bike-sharing startup Blugogo to further expand its business footprint, sources close to the matter told Caixin.
HNA considers listing Gategroup shares on Swiss exchange
11/29/2017
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10:17:02 AM
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HNA Group Chairman Adam Tan is mulling a public offering and listing in Switzerland of shares in the Chinese conglomerate’s Swiss airline caterer Gategroup Holding AG, the subsidiary said on Tuesday.
Starwood rival takeover bid: What it means for brands, executives and shareholders
03/16/2016
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10:06:41 PM
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Starwood Hotels & Resorts’ board of directors has exactly until 11:59 p.m. Eastern this Thursday to make a big decision about whether or not the Stamford, Connecticut-based company will continue with its $12.2 billion merger agreement with Marriott, or whether it will accept a new $14 billion bid from a group of companies led by Anbang Insurance Group, J.C. Flowers & Co., and Primavera Capital Group.
Phocuswright announces next generation of travel innovators
11/09/2017
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6:09:08 PM
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At this year's conference, 34 travel startups offered innovative applications and solutions on payment, disruption, destination services, loyalty, ancillary and more.
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