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by JulienSchmidt
3216 days ago
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Neither Ctrip nor eLong are owned by Priceline / Expedia. They invested in the respective companies and own a stake, but Chinese law prevents that any foreign company owns the majority of any Chinese company.
(Yes, even the Chinese McD, Apple, Starbucks etc are majority Chinese owned) I am a bit shocked though, that Momondo is owned by Kayak. For me, Momondo has so far been the best alternative.
And Skyscanner is owned by Ctrip, which has a strategic partnership with the priceline group... |
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