Ctrip Acquires Skyscanner for $1.7 Billion to Expand Bookings

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  • China’s online travel leader wants to build global scale
  • Marks another U.K. tech firm bought by foreign buyers

Ctrip Buys Skyscanner for $1.7B

A day after the U.K. Chancellor of the Exchequer Philip Hammond highlighted the problem of British technology companies’ inability to grow to international scale, another one of its most promising startups was snapped up by a Chinese buyer.

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