TripAdvisor forms joint venture with Group, reports decline in Q3 revenue

PhocusWire | November 07, 2019

TripAdvisor is taking a new approach to its China business by entering into a strategic partnership with Group (formerly Known as TripAdvisor China, the new joint venture gives Group the long-term exclusive brand, content license and all assets of TripAdvisor’s business in China. As part of the agreement, TripAdvisor content will get distributed across the Group portfolio of brands, including Skyscanner. The deal gives Group a nomination right for one TripAdvisor Board seat, pending on regulatory approval.



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