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In October 2013, Sequoia Capital purchased an interest in Skyscanner that valued the company at $800 million. [10] In June 2014, Skyscanner acquired Youbibi, a travel search engine company based in Shenzhen, China. [11] By February 2015, the company employed 600 people, double the employment of 18 months earlier. [12]
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Many with complex offerings include some sort of search engine technology to look for bookings within a certain timeframe, service class, geographic location, or price range. Online travel agencies Travel agency websites selling travel and tourism services. Fare aggregators and metasearch engines
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The company is a proponent of scientific management. [30] After a 2012 randomized control trial using 242 employees and sponsored by professors at Stanford University and Peking University found that employees randomly assigned to remote work for 9 months increased their output by 13.5% versus the office-based control group, and their turnover rates fell by almost 50%, the company allowed ...
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In September 2014, an appeal tribunal overturned a proposal by Expedia, Booking.com, and IHG, to change their rate parity practices. The proposal had been accepted by the United Kingdom's competition authority, the Office of Fair Trading, but was overturned after an appeal by price comparison site, SkyScanner, and online travel agency, Skoosh. [8]
Average mortgage rates are edging down moderately week over week of Monday, January 6, 2024, though remain at elevated levels for benchmark 30-year and 15-year fixed terms, this despite three back ...
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