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Skyscanner is an online travel agency based in Edinburgh, Scotland. Since November 2016 the website has been owned by Ctrip, the largest online travel agency in China. The site is available in over 30 languages and is used by 100 million people per month.[3][4] The company lets people research and book travel options for their trips, including flights, hotels and car hire.[3]

Skyscanner Ltd.
Skyscanner Logo LockupHorizontal SkyBlue RGB.svg
Type of site
Metasearch engine
HeadquartersEdinburgh, Scotland, UK
OwnerCtrip
Key peopleBryan Dove, CEO
Gareth Williams, Co-Founder and Chairperson
Revenue£120 million (2015)[1]
Websitewww.skyscanner.net
Alexa rank2,106 (As of 5 October 2019)[2]
RegistrationNo
Launched2002; 17 years ago (2002)

HistoryEdit

The company was formed in 2004[3] by three information technology professionals, Gareth Williams, Barry Smith, and Bonamy Grimes, after Gareth was frustrated by the difficulties of finding cheap flights to ski resorts.[5] Skyscanner was first developed and released in 2002. In 2003, the first employee was hired to assist with site development. The Edinburgh office was opened in 2004.[6]

In 2011, Skyscanner acquired the door-to-door travel site Zoombu.[7] Skyscanner opened an office in Singapore in September 2011, which is headquarters for its Asia-Pacific operations.[8] In 2012, a Beijing office was added, as Skyscanner began a partnership with Baidu, China's largest search engine.[9]

By 2013, the company employed over 180 people.[10] In February 2013, Skyscanner announced plans to open a US base in Miami.[10] In October 2013, Sequoia Capital announced it had purchased an interest in Skyscanner that valued the company at $800 million.[11] In June 2014, Skyscanner acquired Youbibi, a travel search engine company based in Shenzhen, China.[12]

In August 2014, a market research study found that, in comparison to other travel websites, Skyscanner tended to have more users aged 16–34. The same study found that 64% of those who have used Skyscanner trust the platform.[13]

In October 2014, Skyscanner acquired the Budapest-based mobile app developer Distinction.[14] By February 2015, the company employed 600 people, double the employment of 18 months earlier.[15]

In January 2016, Skyscanner announced that it had raised $192 million based on a $1.6 billion valuation for the company.[16] In November 2016, Ctrip, the largest travel firm in China, bought Skyscanner for $1.75 billion.[17] In 2017, Ctrip bought the Trip.com domain and launched its new service Trip.com. The original platform was rebranded as Trip by Skyscanner and has become a subsidiary of Skyscanner.[18]

In 2018, Skyscanner won the best travel app award by Tripzilla online travel magazine.[19]

In September 2019, Skyscanner unveiled a global re-brand. [20]

See alsoEdit

ReferencesEdit

  1. ^ Shead, Sam (19 February 2016). "Skyscanner's revenues grew to £120 million last year off the back of a hungry Chinese market and a surge in mobile users". Business Insider.
  2. ^ "Alexa Internet: Skyscanner.net". Alexa Internet.
  3. ^ a b c "About Skyscanner". skyscanner.com.
  4. ^ O'Hear, Steve (28 September 2012). "Skyscanner's Mobile Apps Hit 10M Downloads, Letting Users Find Cheap Flights On The Go". TechCrunch.
  5. ^ Trapp, Roger (18 February 2006). "How to launch a great business". The Independent.
  6. ^ "In pictures: inside Skyscanner's head office". The Scotsman. 17 February 2015.
  7. ^ Butcher, Mike (17 January 2011). "Travel search engine Skyscanner acquires Zoombu". TechCrunch.
  8. ^ "Skyscanner to set up operation in Singapore". BBC News. 26 June 2011.
  9. ^ "Skyscanner lands China search engine deal". BBC News. 23 August 2012.
  10. ^ a b "Flight firm Skyscanner moves in to America". BBC News. 4 February 2012.
  11. ^ "Skyscanner valued at $800m by backer of Apple". The Evening Standard. 3 October 2013.
  12. ^ "Skyscanner buys Chinese metasearch firm Youbibi". BBC News. 25 June 2014.
  13. ^ "TripAdvisor Tops Travel Brand Awareness Index". LJ Research. 29 October 2014.
  14. ^ O'Hear, Steve (22 October 2014). "Travel Search Company Skyscanner Acquires Budapest-Based Mobile App Developer Distinction". TechCrunch.
  15. ^ Russell, Jon (23 February 2015). "Skyscanner optimistic as revenue growth slows". Financial Times.
  16. ^ Shu, Catherine (12 January 2016). "Travel Search Site Skyscanner Raises $192M For International Expansion". TechCrunch.
  17. ^ Dickie, Mure (23 November 2016). "China's Ctrip is buying flight search company SkyScanner for $1.74 billion". TechCrunch.
  18. ^ Bort, Julie (1 November 2017). "Tiny startup Trip.com has been acquired by Chinese travel giant Ctrip – a move that could shake up the travel industry". Business Insider.
  19. ^ "TripZilla Excellence Awards 2018". TripZilla.
  20. ^ Tan, Janice (24 September 2019). "Skyscanner takes off with global brand refresh, reflects 'optimism' and 'clarity'". Marketing Interactive.

External linksEdit