Chinese online travel company Ctrip.com International Ltd (CTRP.O) said on Wednesday it agreed to buy UK-based Skyscanner Holdings Ltd in a deal valuing the travel search website at about 1.4 billion pounds. ($1.74 billion)Skyscanner, which was reported to be exploring a sale or an initial public offering, serves 60 million monthly active users and is available in over 30 languages.
($1 = 0.80 pounds)
(Reporting by Ankit Ajmera in Bengaluru; Editing by Maju Samuel)
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Published Date: Nov 24, 2016 05:30 AM | Updated Date: Nov 24, 2016 05:30 AM