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Booking Holdings expanding its business in Chinese market with $500 million investment

28 days ago   |   By Travel and Tour World

Booking Holdings is expanding in Chinese market with investment and partnership with Didi Chuxing. Booking has invested $500 million in Chinese ride-hailing app company Didi Chuxing.
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Booking Holdings expanding its business in Chinese market with $500 million investment

Booking Holdings expanding its business in Chinese market with $500 million investment

28 days ago   |   By Travel and Tourworld

Booking Holdings is expanding in Chinese market with investment and partnership with Didi Chuxing. Booking has invested $500 million in Chinese ride-hailing app company Didi Chuxing.
For Booking, this investment is simply another avenue to strengthen its foothold in China. Booking has already invested in the likes of Ctrip, China's largest online travel agency ; Meituan Dianping, a group buying website that also sells travel products; and partnered with Xiaozhu, one of China's largest home-sharing companies.
Known as “China's Uber,” Didi Chuxing is China's largest ride-hailing app...
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