Top 10 eCommerce Companies in the World 2018

Posted in Top Brand Lists, Total Reads: 801
Advertisements

5. BOOKING HOLDINGS

Booking holdings was earlier named as Priceline.com and it has its headquarter in US.


Image: Wikimedia

It was founded by JS Walker in the year 1997, and Priceline went public in the year 1999 and was able to generate $13 Billion through IPO. Price started its business by selling gasoline, groceries, telephone services, second hand goods, home mortgages, online travel site and new cars under its name your own price service.

Advertisements

Priceline discontinue some services to focus more on travel business in the year 2000. Priceline was able to generate its first profit in the year 2001. Priceline also enters into retail hotel business in the year 2004 by acquiring a majority stake in TravelWeb. It also acquires Activehotel.com, an online hotel booking company in Europe. To grow further they acquired booking.com in the year 2005 which is now world’s largest accommodation website today. Priceline further acquired companies in online hotel space and surpassed Expedia to become India’s largest online hotel reservation service. Priceline group was also named as Fortune most admired company as well as most innovative company in the travel space. It operates its website in more than 40 languages and 200 countries. In 2016, it was able to sell more than 7 million air tickets through its platform, consumer booked 557 million room nights of accommodation and 66 million rental car days. One of its subsidiary rentalcars.com was awarded world’s leading car rental app.

Revenues (B$): 12.68

Growth Rate: 18%



Looking for Similar Lists, Browse more Top Lists

Share this Page on:
Facebook ShareTweetShare on G+Share on Linkedin