Trip.com Group buys OTA Travix; Tuniu receives Nasdaq compliance warning | Daily Brief
2020/5/24 22:08:16
Trip.com Group bought Dutch online travel agency group Travix from corporate travel giant BCD Travel in December last year. The deal which was closed in April 2020 gave the Chinese travel titan an Amsterdam-based set of brands, including Vayama, Vliegwinkel, and CheapTickets.nl. Trip.com Group may have decided that it was easier to acquire Travix, which has loyal customers in niche segments than to compete with Travix via its Trip brand.