Top 10 Online Companies by Valuation in World 2015
Posted in Top Brand Lists, Total Reads: 1181
Priceline, headquartered in Connecticut, US, is an online travel and related services company that provides services under various brands over 200 countries.
Image: company website
Launched in 1997, it reached $12.9 billion in market value on the very first day of its release of IPO. It also tried selling groceries, gasoline, cars, etc. but discontinued it in 2000. After 2004, it had various acquisitions like Booking.com, Agoda.com, TravelJigsaw.com, KAYAK, OpenTable. In May 2015, Priceline declared the intension of investing $250 million in Ctrip, a Chinese online travel company. This is done to tap the fast-growing China market.