Post live a Tnooz titled "
Keep an eye on Asia for next wave of major online travel consolidation". In it I discuss how the three powerhouses of Asia -
Rakuten,
Wotif and
Ctrip - have spent the last three years acquiring companies in Asia, Europe and America as they try to develop growth outside their respective home markets of Japan, Australia and China. I end with a prediction that
"there is more [M&A activity] to come; that we should expect to see more deals by these companies in the next three years. I would also not be surprised to see one of these companies make a major play through a big ticket acquisition in either Europe or America."
Full post here
Post live a Tnooz titled "Keep an eye on Asia for next wave of major online travel consolidation". In it I discuss how the three powerhouses of Asia - Rakuten, Wotif and Ctrip - have spent the last three years acquiring companies in Asia, Europe and America as they try to develop growth outside their respective home markets of Japan, Australia and China. I end with a prediction that
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