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Booking Holdings CEO Says Travel Recovery Will Take Years, Not Quarters

PYMNTS

Booking Holdings , the world’s largest online travel company, continues to feel the weight of the pandemic, warning investors Thursday (Nov. But the company also said that it continues to innovate with things like an in-house “seamless payments network.”. 5) that the outbreak’s current U.S. flight product on Booking.com.

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Didi Checks Into Hotel Booking Industry

PYMNTS

China’s largest ridehailing app Didi Chuxing is breaking into the hotel booking business. And according to reports, Booking — formerly known as Priceline — will offer Didi’s on-demand car services through its Booking.com apps via an integration. In addition, Didi customers can book hotels through Booking.com and its sister site Agoda.

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Travel Firm Booking Invests $500M In Didi Chuxing

PYMNTS

Chinese ride-hailing company Didi Chuxing has received $500 million in funding from Booking Holdings. Instead, according to reports , Booking — formerly known as Priceline — will offer Didi’s on-demand car services through its Booking.com apps via an integration.

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What Innovators Can Learn From Netflix

PYMNTS

Netflix Co-founder and CEO Reed Hastings has written a new book about building the video-streaming powerhouse that now has nearly 200 million subscribers globally, as of the end of July. In the book, he freely admits that his formula might not work for every company. Between 2008 and 2019, the DVD rentals market dropped like a stone.

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How Restaurants Can Offer Digital Corporate Event Booking

PYMNTS

He turned to the internet, but he couldn’t find a place to book spaces online. As a result, he came to understand the experience of booking meeting spaces offline: It’s hardly a hassle-free experience and can involve calling an individual property. That’s hardly the easiest or safest way to book a space for an event.

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Digital Payments, Online Ordering And Memberships Top This Week’s News

PYMNTS

We have deep dives on digital payments, online ordering and memberships. Membership has its privileges ” was the nine-year marketing campaign rolled out by American Express in 1987 to convince consumers that it was worth paying a yearly fee for one of its charge card offerings. Booking Holdings cautioned investors on Thursday (Nov.

Online 148
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How Clothing Stores Are Driving Retail Innovation

PYMNTS

Macy’s , for example, is testing out pop-up stores in 10 cities in a concept called “The Market @ Macy’s.” According to the PYMNTS Retail Innovation Readiness Index , 85 percent believe they need to innovate to stay competitive. And among large retailers, 82 percent said innovation is necessary for continued success.