SpringHeeledJack
25th Nov 2016, 06:16
Scotland's Skyscanner sold to Chinese travel giant Ctrip for £1.4bn (http://www.telegraph.co.uk/technology/2016/11/24/scotlands-skyscanner-sold-chinese-travel-giant-ctrip-14bn/)
I wasn't sure where to put this, so here it is. I've used them before, as well as others and in most cases it seemed to be a pleasant experience, especially for multiple flights. How on earth is a £120million turnover a year business worth £1.4Billion to a suitor ??? I've often wondered how any of the various price comparison websites in all sectors make enough money to survive, as they're seemingly all much of a muchness…Yet here's the mother of all buyouts suggesting that that's not the case.
I wasn't sure where to put this, so here it is. I've used them before, as well as others and in most cases it seemed to be a pleasant experience, especially for multiple flights. How on earth is a £120million turnover a year business worth £1.4Billion to a suitor ??? I've often wondered how any of the various price comparison websites in all sectors make enough money to survive, as they're seemingly all much of a muchness…Yet here's the mother of all buyouts suggesting that that's not the case.