Priceline Buys Momondo for $550 Million to Expand in Europe
Dennis Schaal, Skift
The acquisition of the Momondo Group is the Priceline Group's largest since buying OpenTable -- and subsequently having to take a write down -- in 2014. Through the acquisition, Kayak gets a strong brand in parts of Europe and ensures that no other rivals step in to take Momondo away from it.
1 year ago