{"id":8131,"date":"2024-01-13T06:14:37","date_gmt":"2024-01-13T11:14:37","guid":{"rendered":"https:\/\/lions.financial\/?p=8131"},"modified":"2024-05-14T04:29:41","modified_gmt":"2024-05-14T09:29:41","slug":"investment-research-analysis-risk-management-bookings","status":"publish","type":"post","link":"https:\/\/lions.financial\/zh\/investment-research-analysis-risk-management-bookings\/","title":{"rendered":"\u6295\u8d44\u7814\u7a76\u5206\u6790 \u98ce\u9669\u7ba1\u7406 Booking.com"},"content":{"rendered":"<h2 style=\"font-size: 25px; text-align: center;\"><b>\u516c\u53f8\u6982\u8ff0\u00a0<\/b><\/h2>\n<p>Booking.com\u4e8e1996\u5e74\u5728\u8377\u5170\u6069\u65af\u8d6b\u5fb7\u6210\u7acb\uff0c\u662f\u4e00\u5bb6\u63d0\u4f9b\u4f4f\u5bbf\u9884\u8ba2\u548c\u5176\u4ed6\u65c5\u6e38\u4ea7\u54c1\u7684\u8377\u5170\u5728\u7ebf\u65c5\u884c\u793e\uff0c\u662fBooking Holdings\uff08\u6bcd\u516c\u53f8\uff09\u7684\u5b50\u516c\u53f8\u3002\u5b83\u7684\u603b\u90e8\u8bbe\u5728\u963f\u59c6\u65af\u7279\u4e39\u3002\u8be5\u7f51\u7ad9\u6709\u8d85\u8fc72800\u4e07\u4e2a\u623f\u6e90\uff0c\u670943\u79cd\u8bed\u8a00\u7248\u672c\uff0c\u8fd9\u610f\u5473\u7740\u5b83\u63d0\u4f9b\u5168\u7403\u670d\u52a1\u3002\u73b0\u5728\uff0cBooking.com\u7684CEO\u662fGleen Fogel\u3002<\/p>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u5b9a\u6027\u5206\u6790<\/b><\/h2>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>\u521b\u59cb\u4eba<\/b><\/h3>\n<p><b>\u00a0<\/b><\/p>\n<p><a href=\"https:\/\/lions.financial\/zh\/contact\/\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone\" title=\"Booking.com \u521b\u59cb\u4eba\" src=\"https:\/\/lions.financial\/wp-content\/uploads\/2022\/12\/founders-of-Booking.com_-1.png\" alt=\"Founders of Booking.com\" width=\"900\" height=\"450\" \/><\/a><\/p>\n<p>Geert-Jan Bruinsma:<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">1994 \u5e74\u6bd5\u4e1a\u4e8e\u5c6f\u7279\u5927\u5b66\uff08\u7406\u5b66\u7855\u58eb\uff09\u3002\u5927\u5b66\u671f\u95f4\uff0c\u4ed6\u662f AIESEC \u7684\u6210\u5458\u3002(AIESEC\u662f\u4e00\u4e2a\u7531\u9752\u5e74\u7ba1\u7406\u7684\u975e\u653f\u5e9c\u975e\u8425\u5229\u6027\u56fd\u9645\u7ec4\u7ec7\uff0c\u4e3a\u5e74\u8f7b\u4eba\u63d0\u4f9b\u9886\u5bfc\u529b\u57f9\u517b\u3001\u8de8\u6587\u5316\u5b9e\u4e60\u548c\u5168\u7403\u5fd7\u613f\u8005\u4ea4\u6d41\u7ecf\u9a8c\uff09\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6bd5\u4e1a\u540e\uff0c\u4ed6\u4e8e1996\u5e74\u6210\u4e3aBookings.nl\uff08\u73b0\u5728\u53ebBooking.com\uff09\u7684\u521b\u59cb\u4eba\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2005 \u5e74\u5c06\u5176\u51fa\u552e\u7ed9 Priceline \u96c6\u56e2\uff08\u73b0\u540d Booking Holdings\uff09\u540e\uff0c\u4ed6\u4e8e 2011 \u5e74\u5728 Booking.com \u7684\u4e1a\u52a1\u53d1\u5c55\u516c\u5bd3\u5de5\u4f5c\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u7136\u540e\uff0c\u4ed6\u79bb\u5f00\u4e86\u5b83\uff0c\u5e76\u57282016\u5e74\u6210\u4e3a \"\u9017\u7559 \"\u7684\u8054\u5408\u521b\u59cb\u4eba\uff0c\u57282109\u5e74\u6210\u4e3a \"\u6ce2\u7279\u4e0e\u66f4\u591a \"\u7684\u521b\u59cb\u4eba\u3002<\/li>\n<\/ul>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>\u8463\u4e8b\u4f1a\u6210\u5458<\/b><\/h3>\n<h4 style=\"font-size: 20px; text-align: center;\">\u6765\u6e90\u4e8eBookings.com<\/h4>\n<p>\u5c0f\u7f57\u4f2f\u7279-J-\u7c73\u6d1b\u5fb7\uff08\u8463\u4e8b\u4f1a\u4e3b\u5e2d\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5c0f\u7f57\u4f2f\u7279-J-\u7c73\u6d1b\u5fb7\u81ea2017\u5e745\u6708\u8d77\u62c5\u4efb\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u81ea2020\u5e746\u6708\u8d77\u62c5\u4efb\u8463\u4e8b\u4f1a\u4e3b\u5e2d\uff0c\u5e76\u4e14\u662f\u85aa\u916c\u59d4\u5458\u4f1a\u7684\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Mylod\u5148\u751f\u662fAnnox\u8d44\u672c\u7ba1\u7406\u516c\u53f8\u7684\u7ba1\u7406\u5408\u4f19\u4eba\uff0c\u8fd9\u662f\u4e00\u5bb6\u4ed6\u57282013\u5e74\u521b\u7acb\u7684\u79c1\u4eba\u6295\u8d44\u516c\u53f8\u3002\u5728\u52a0\u5165\u4e4b\u524d\uff0cMylod\u5148\u751f\u662f\u4e00\u5bb6\u79c1\u52df\u80a1\u6743\u6295\u8d44\u516c\u53f8Stonington Partners\u7684\u8d1f\u8d23\u4eba\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Mylod \u5148\u751f\u76ee\u524d\u662f Redfin \u8463\u4e8b\u4f1a\u6210\u5458\u53ca\u5176\u5ba1\u8ba1\u59d4\u5458\u4f1a\u6210\u5458\uff0c\u4e5f\u662f Dropbox \u8463\u4e8b\u4f1a\u6210\u5458\u53ca\u5176\u5ba1\u8ba1\u548c\u85aa\u916c\u59d4\u5458\u4f1a\u6210\u5458\u3002\u4ed6\u662f Vroom \u516c\u53f8\u8463\u4e8b\u4f1a\u4e3b\u5e2d\uff0c\u5e76\u62c5\u4efb Vroom \u5ba1\u8ba1\u59d4\u5458\u4f1a\u548c\u85aa\u916c\u59d4\u5458\u4f1a\u6210\u5458\u30022015 \u5e74 10 \u6708\u81f3 2017 \u5e74 4 \u6708\u95f4\uff0cMylod \u5148\u751f\u62c5\u4efb Autobytel \u8463\u4e8b\u4f1a\u6210\u5458\uff0cAutobytel \u662f\u4e00\u5bb6\u4fc3\u8fdb\u6c7d\u8f66\u5728\u7ebf\u4e70\u5356\u7684\u516c\u53f8\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Mylod \u5148\u751f\u66fe\u62c5\u4efb EverBank \u8463\u4e8b\u4f1a\u6210\u5458\uff0cEverBank \u662f\u4e00\u5bb6\u7f8e\u56fd\u50a8\u84c4\u94f6\u884c\uff0c\u63d0\u4f9b\u5728\u7ebf\u548c\u79fb\u52a8\u94f6\u884c\u53ca\u91d1\u878d\u670d\u52a1\uff0c2012 \u5e74\u81f3 2017 \u5e74\u62c5\u4efb EverBank \u85aa\u916c\u59d4\u5458\u4f1a\u6210\u5458\u53ca\u63d0\u540d\u548c\u516c\u53f8\u6cbb\u7406\u59d4\u5458\u4f1a\u4e3b\u5e2d\u30022012 \u5e74\u81f3 2017 \u5e74\uff0cMylod \u5148\u751f\u62c5\u4efb\u764c\u75c7\u6cbb\u7597\u516c\u53f8 Novocure \u8463\u4e8b\u4f1a\u6210\u5458\u53ca\u5176\u5ba1\u8ba1\u59d4\u5458\u4f1a\u6210\u5458\uff0c2015 \u5e74\u81f3 2017 \u5e74\u62c5\u4efb\u5176\u63d0\u540d\u548c\u516c\u53f8\u6cbb\u7406\u59d4\u5458\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u5bc6\u6b47\u6839\u5927\u5b66\u83b7\u5f97\u82f1\u8bed\u5b66\u58eb\u5b66\u4f4d\uff0c\u5728\u829d\u52a0\u54e5\u5927\u5b66\u5546\u5b66\u9662\u83b7\u5f97\u5de5\u5546\u7ba1\u7406\u7855\u58eb\u5b66\u4f4d\u3002<\/li>\n<\/ul>\n<p>Gleen D. Fogel\uff08\u9996\u5e2d\u6267\u884c\u5b98\u517c\u8463\u4e8b\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u683c\u4f26-\u798f\u683c\u5c14\u81ea2017\u5e741\u6708\u8d77\u62c5\u4efb\u9996\u5e2d\u6267\u884c\u5b98\u517c\u603b\u88c1\uff0c\u81ea2019\u5e746\u6708\u8d77\u62c5\u4efbBooking.com\u7684\u9996\u5e2d\u6267\u884c\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u6b64\u4e4b\u524d\uff0c\u4ed6\u662f\u4e00\u5bb6\u5168\u7403\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u7684\u4ea4\u6613\u5458\uff0c\u5728\u6b64\u4e4b\u524d\u662f\u4e13\u95e8\u4ece\u4e8b\u822a\u7a7a\u8fd0\u8f93\u4e1a\u7684\u6295\u8d44\u94f6\u884c\u5bb6\u3002Fogel\u5148\u751f\u662f\u7ebd\u7ea6\u5dde\u5f8b\u5e08\u534f\u4f1a\u7684\u6210\u5458\uff08\u5df2\u9000\u4f11\uff09\u3002<\/li>\n<\/ul>\n<p>Timothy (Tim) M. Armstrong\uff08\u4e3b\u4efb\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u8482\u83ab\u897f-\u963f\u59c6\u65af\u7279\u6717\uff08Tim\uff09\u81ea2013\u5e741\u6708\u4ee5\u6765\u4e00\u76f4\u5728\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u662f\u85aa\u916c\u59d4\u5458\u4f1a\u7684\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u963f\u59c6\u65af\u7279\u6717\u5148\u751f\u662fdtx\u516c\u53f8\u7684\u521b\u59cb\u4eba\u517c\u9996\u5e2d\u6267\u884c\u5b98\uff0c\u8be5\u516c\u53f8\u662f\u4ed6\u4e8e2019\u5e74\u6210\u7acb\u7684\u4e00\u5bb6\u76f4\u63a5\u9762\u5411\u6d88\u8d39\u8005\u7684\u8d4b\u80fd\u516c\u53f8\u30022009 \u5e74\u81f3 2018 \u5e74\uff0c\u963f\u59c6\u65af\u7279\u6717\u5148\u751f\u62c5\u4efb\u7f8e\u56fd\u5728\u7ebf\u8463\u4e8b\u957f\u517c\u9996\u5e2d\u6267\u884c\u5b98\uff0c\u5e76\u5728 2015 \u5e74 Verizon \u6536\u8d2d\u7f8e\u56fd\u5728\u7ebf\u540e\u62c5\u4efb Oath\uff08Verizon \u65d7\u4e0b\u5a92\u4f53\u54c1\u724c\u7ec4\u5408\uff0c\u5305\u62ec\u96c5\u864e\u548c\u7f8e\u56fd\u5728\u7ebf\uff09\u9996\u5e2d\u6267\u884c\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2000 \u5e74\u81f3 2009 \u5e74\uff0c\u963f\u59c6\u65af\u7279\u6717\u5148\u751f\u62c5\u4efb\u8c37\u6b4c\u516c\u53f8\u7f8e\u6d32\u8fd0\u8425\u603b\u88c1\u517c\u9ad8\u7ea7\u526f\u603b\u88c1\u3002\u5728\u52a0\u5165\u8c37\u6b4c\u4e4b\u524d\uff0c\u963f\u59c6\u65af\u7279\u6717\u5148\u751f\u66fe\u62c5\u4efb Snowball.com \u7684\u9500\u552e\u548c\u6218\u7565\u5408\u4f5c\u4f19\u4f34\u526f\u603b\u88c1\uff0c\u4ee5\u53ca Starwave's \u548c\u8fea\u65af\u5c3c ABC\/ESPN Internet Ventures \u7684\u7efc\u5408\u9500\u552e\u548c\u8425\u9500\u603b\u76d1\u3002\u963f\u59c6\u65af\u7279\u6717\u5148\u751f\u662f\u822a\u7a7a\u516c\u53f8 Wheels Up \u8463\u4e8b\u4f1a\u6210\u5458\u3002\u963f\u59c6\u65af\u7279\u6717\u5148\u751f\u662f\u683c\u6797\u5a01\u6cbb\u5b66\u9662\u8463\u4e8b\u4f1a\u4e3b\u5e2d\uff0c\u540c\u65f6\u4e5f\u662f\u7f8e\u56fd\u5965\u6797\u5339\u514b\u548c\u6b8b\u75be\u4eba\u5965\u6797\u5339\u514b\u57fa\u91d1\u4f1a\u7684\u7406\u4e8b\u3002<\/li>\n<\/ul>\n<p>\u7c73\u91cc\u5b89-\u683c\u62c9\u8fea\u514b-\u5a01\u5c14\uff08\u5bfc\u6f14\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u81ea2018\u5e746\u6708\u4ee5\u6765\u4e00\u76f4\u5728\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u662f\u6211\u4eec\u7684\u85aa\u916c\u59d4\u5458\u4f1a\u4e3b\u5e2d\u548c\u6211\u4eec\u7684\u5ba1\u8ba1\u59d4\u5458\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u52a0\u5165\u9ed8\u514b\u516c\u53f8\u4e4b\u524d\uff0c\u5979\u66fe\u4e8e 2004 \u5e74\u81f3 2006 \u5e74\u62c5\u4efb\u7f8e\u56fd\u7535\u8bdd\u7535\u62a5\u516c\u53f8\u4eba\u529b\u8d44\u6e90\u4e0e\u5458\u5de5\u6c9f\u901a\u90e8\u6267\u884c\u526f\u603b\u88c1\uff0c\u5e76\u4e8e 1999 \u5e74\u81f3 2004 \u5e74\u62c5\u4efb\u8be5\u516c\u53f8\u4eba\u529b\u8d44\u6e90\u90e8\u6267\u884c\u526f\u603b\u88c1\u3002Graddick-Weir \u535a\u58eb\u8d1f\u8d23\u8bbe\u8ba1\u3001\u89c4\u5212\u548c\u7ba1\u7406 AT&amp;T 47,000 \u540d\u5458\u5de5\u7684\u6240\u6709\u4eba\u529b\u8d44\u6e90\u804c\u80fd\uff0c\u5305\u62ec\u85aa\u916c\u3001\u798f\u5229\u3001\u62db\u8058\u548c\u57f9\u8bad\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5979\u4e8e 1981 \u5e74\u52a0\u5165\u7f8e\u56fd\u7535\u8bdd\u7535\u62a5\u516c\u53f8\u3002\u5979\u76ee\u524d\u62c5\u4efb Yum\uff01Brands \u63d0\u540d\u4e0e\u516c\u53f8\u6cbb\u7406\u59d4\u5458\u4f1a\u4e3b\u5e2d\uff0c\u4ee5\u53ca\u7ba1\u7406\u89c4\u5212\u4e0e\u53d1\u5c55\u59d4\u5458\u4f1a\u548c\u6267\u884c\/\u8d22\u52a1\u59d4\u5458\u4f1a\u6210\u5458\u3002<\/li>\n<\/ul>\n<p>\u9b4f\u5408\u66fc\uff08\u5bfc\u6f14\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u9b4f\u5408\u66fc\u81ea2019\u5e746\u6708\u8d77\u5728\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u662f\u63d0\u540d\u548c\u516c\u53f8\u6cbb\u7406\u59d4\u5458\u4f1a\u7684\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u970d\u666e\u66fc\u5973\u58eb\u662fArbor Ventures\u7684\u7ba1\u7406\u5408\u4f19\u4eba\uff0cArbor Ventures\u662f\u4e00\u5bb6\u4e13\u6ce8\u4e8e\u6295\u8d44\u5168\u7403\u91d1\u878d\u79d1\u6280\u516c\u53f8\u7684\u98ce\u9669\u6295\u8d44\u516c\u53f8\uff0c\u5979\u4e8e2014\u5e74\u5171\u540c\u521b\u7acb\u4e86Arbor Ventures\u3002\u4ece2010\u5e74\u52302014\u5e74\uff0c\u970d\u666e\u66fc\u5973\u58eb\u66fe\u62c5\u4efb\u82b1\u65d7\u98ce\u9669\u6295\u8d44\u516c\u53f8\u7684\u8463\u4e8b\u603b\u7ecf\u7406\u548c\u4e9a\u6d32\u533a\u8d1f\u8d23\u4eba\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u52a0\u5165\u82b1\u65d7\u98ce\u9669\u6295\u8d44\u516c\u53f8\u4e4b\u524d\uff0c\u970d\u666e\u66fc\u5973\u58eb\u66fe\u5728\u5176\u4ed6\u5404\u79cd\u94f6\u884c\u548c\u79c1\u52df\u57fa\u91d1\u62c5\u4efb\u8fc7\u804c\u52a1\uff0c\u5305\u62ec\u62c5\u4efb\u6770\u5bcc\u745e\u516c\u53f8\u7684\u9996\u5e2d\u4e2d\u56fd\u4ee3\u8868\u548c\u9ad8\u76db\u96c6\u56e2\u7684\u6280\u672f\u94f6\u884c\u5bb6\u3002<\/li>\n<\/ul>\n<p>\u67e5\u5c14\u65af-H-\u8bfa\u65af\u57fa\uff08\u5bfc\u6f14\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Charles H. Noski \u81ea 2015 \u5e74 3 \u6708\u8d77\u62c5\u4efb\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u81ea 2020 \u5e74 6 \u6708\u8d77\u62c5\u4efb\u9996\u5e2d\u72ec\u7acb\u8463\u4e8b\uff0c\u81ea 2020 \u5e74 6 \u6708\u8d77\u62c5\u4efb\u6211\u4eec\u7684\u5ba1\u8ba1\u59d4\u5458\u4f1a\u6210\u5458\uff0c\u81ea 2020 \u5e74 6 \u6708\u8d77\u62c5\u4efb\u6211\u4eec\u7684\u63d0\u540d\u548c\u516c\u53f8\u6cbb\u7406\u59d4\u5458\u4f1a\u4e3b\u5e2d\uff0c\u6b64\u524d\u66fe\u5728 2016 \u5e74 6 \u6708\u81f3 2020 \u5e74 6 \u6708\u671f\u95f4\u62c5\u4efb\u6211\u4eec\u7684\u5ba1\u8ba1\u59d4\u5458\u4f1a\u4e3b\u5e2d\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a02012 \u5e74\uff0c\u8bfa\u65af\u57fa\u5148\u751f\u4ece\u7f8e\u56fd\u94f6\u884c\u516c\u53f8\u526f\u8463\u4e8b\u957f\u7684\u804c\u4f4d\u4e0a\u9000\u4f11\uff0c\u6b64\u524d\u4ed6\u66fe\u62c5\u4efb\u8be5\u516c\u53f8\u7684\u6267\u884c\u526f\u603b\u88c1\u517c\u9996\u5e2d\u8d22\u52a1\u5b98\u3002\u5728\u6b64\u4e4b\u524d\uff0c\u8bfa\u65af\u57fa\u5148\u751f\u66fe\u62c5\u4efb\u8bfa\u65af\u7f57\u666e-\u683c\u9c81\u66fc\u516c\u53f8\u7684\u9996\u5e2d\u8d22\u52a1\u5b98\u3001\u516c\u53f8\u526f\u603b\u88c1\u548c\u8463\u4e8b\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u52a0\u5165\u8bfa\u65af\u7f57\u666e-\u683c\u9c81\u66fc\u516c\u53f8\u4e4b\u524d\uff0c\u4ed6\u662fAT&amp;T\u516c\u53f8\u7684\u8463\u4e8b\u4f1a\u526f\u4e3b\u5e2d\u548c\u9996\u5e2d\u8d22\u52a1\u5b98\u3002\u5728\u6b64\u4e4b\u524d\uff0cNoski\u5148\u751f\u9886\u5bfc\u4f11\u65af\u7535\u5b50\u516c\u53f8\u62c5\u4efb\u5404\u79cd\u9ad8\u7ea7\u884c\u653f\u804c\u52a1\uff0c\u5305\u62ec\u526f\u4e3b\u5e2d\u548c\u603b\u88c1\u53ca\u9996\u5e2d\u8fd0\u8425\u5b98\u3002\u8bfa\u65af\u57fa\u5148\u751f\u7684\u804c\u4e1a\u751f\u6daf\u59cb\u4e8e\u5fb7\u52e4\u4f1a\u8ba1\u5e08\u4e8b\u52a1\u6240\uff0c\u4ed6\u88ab\u4efb\u547d\u4e3a\u5408\u4f19\u4eba\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2019\u5e74\uff0c\u8bfa\u65af\u57fa\u5148\u751f\u5f53\u9009\u4e3a\u5bcc\u56fd\u94f6\u884c\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u76ee\u524d\u62c5\u4efb\u5bcc\u56fd\u94f6\u884c\u8463\u4e8b\u4f1a\u4e3b\u5e2d\uff0c\u4e3b\u6301\u5176\u5ba1\u8ba1\u59d4\u5458\u4f1a\uff0c\u5e76\u62c5\u4efb\u5176\u6cbb\u7406\u548c\u63d0\u540d\u59d4\u5458\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2020 \u5e74\uff0c\u8bfa\u65af\u57fa\u5148\u751f\u5f53\u9009\u60e0\u666e\u4f01\u4e1a\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u5e76\u62c5\u4efb\u5176\u8d22\u52a1\u548c\u6295\u8d44\u59d4\u5458\u4f1a\u6210\u5458\u30022003 \u5e74\u81f3 2019 \u5e74\uff0c\u8bfa\u65af\u57fa\u5148\u751f\u62c5\u4efb\u5fae\u8f6f\u516c\u53f8\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u5e76\u62c5\u4efb\u5fae\u8f6f\u5ba1\u8ba1\u59d4\u5458\u4f1a\u4e3b\u5e2d\u53ca\u5176\u6cbb\u7406\u548c\u63d0\u540d\u59d4\u5458\u4f1a\u6210\u5458\u3002\u8bfa\u65af\u57fa\u5148\u751f\u8fd8\u66fe\u4e8e 2016 \u5e74\u81f3 2019 \u5e74\u62c5\u4efb\u8d22\u52a1\u4f1a\u8ba1\u57fa\u91d1\u4f1a\u8463\u4e8b\u4f1a\u4e3b\u5e2d\uff0c\u5e76\u66fe\u62c5\u4efb\u5168\u7f8e\u516c\u53f8\u8463\u4e8b\u534f\u4f1a\u8463\u4e8b\u4f1a\u6210\u5458\u3002\u6b64\u5916\uff0c\u8bfa\u65af\u57fa\u5148\u751f\u8fd8\u66fe\u4e8e 2012 \u5e74\u81f3 2018 \u5e74\u62c5\u4efb\u96c5\u82b3\u4ea7\u54c1\u516c\u53f8\u8463\u4e8b\u4f1a\u6210\u5458\u3002<\/li>\n<\/ul>\n<p>\u5c3c\u53e4\u62c9\u65af-J-\u96f7\u5fb7\uff08\u5bfc\u6f14\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Nicholas J. Read\u81ea2018\u5e746\u6708\u4ee5\u6765\u4e00\u76f4\u5728\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u662f\u5ba1\u8ba1\u59d4\u5458\u4f1a\u7684\u6210\u5458\u3002Read\u5148\u751f\u81ea2018\u5e7410\u6708\u8d77\u62c5\u4efb\u6c83\u8fbe\u4e30\u96c6\u56e2\u6709\u9650\u516c\u53f8\u7684\u9996\u5e2d\u6267\u884c\u5b98\uff0c\u81ea2014\u5e74\u8d77\u62c5\u4efb\u5176\u8463\u4e8b\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u6210\u4e3a\u5176\u9996\u5e2d\u6267\u884c\u5b98\u4e4b\u524d\uff0cRead\u5148\u751f\u4e8e2014\u5e744\u6708\u81f32018\u5e747\u6708\u62c5\u4efb\u6c83\u8fbe\u4e30\u96c6\u56e2\u6709\u9650\u516c\u53f8\u7684\u96c6\u56e2\u9996\u5e2d\u8d22\u52a1\u5b98\u3002\u81ea2001\u5e74\u52a0\u5165\u6c83\u8fbe\u4e30\u4ee5\u6765\uff0cRead\u5148\u751f\u66fe\u62c5\u4efb\u8fc7\u5404\u79cd\u9ad8\u7ea7\u804c\u52a1\uff0c\u5305\u62ec\u82f1\u56fd\u8fd0\u8425\u516c\u53f8\u6c83\u8fbe\u4e30\u6709\u9650\u516c\u53f8\u7684\u9996\u5e2d\u8d22\u52a1\u5b98\u548c\u9996\u5e2d\u6267\u884c\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u62c5\u4efb\u96c6\u56e2\u9996\u5e2d\u8d22\u52a1\u5b98\u4e4b\u524d\uff0cRead \u5148\u751f\u66fe\u62c5\u4efb\u975e\u6d32\u3001\u4e2d\u4e1c\u548c\u4e9a\u592a\u5730\u533a\u9996\u5e2d\u6267\u884c\u5b98\u957f\u8fbe\u4e94\u5e74\u4e4b\u4e45\uff0c\u5e76\u66fe\u662f\u6c83\u8fbe\u4e30\u516c\u5f00\u4e0a\u5e02\u5b50\u516c\u53f8 Vodacom\u3001Safaricom \u548c\u6c83\u8fbe\u4e30\u5361\u5854\u5c14\u516c\u53f8\u4ee5\u53ca\u6c83\u8fbe\u4e30\u5728\u6fb3\u5927\u5229\u4e9a\u7684\u5408\u8d44\u4f01\u4e1a VHA \u548c\u5728\u5370\u5ea6\u7684 Indus Towers \u7684\u8463\u4e8b\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u52a0\u5165\u6c83\u8fbe\u4e30\u4e4b\u524d\uff0c\u4ed6\u66fe\u5728United Business Media Plc\u548cFederal Express Worldwide\u62c5\u4efb\u5168\u7403\u9ad8\u7ea7\u8d22\u52a1\u804c\u4f4d\u3002Read\u5148\u751f\u662f\u4e00\u540d\u7279\u8bb8\u7ba1\u7406\u4f1a\u8ba1\u5e08\u548c\u7279\u8bb8\u5168\u7403\u7ba1\u7406\u4f1a\u8ba1\u5e08\uff0c\u62e5\u6709\u4f1a\u8ba1\u548c\u91d1\u878d\u7684\u8363\u8a89\u5b66\u58eb\u5b66\u4f4d\u3002<\/li>\n<\/ul>\n<p>\u6258\u9a6c\u65af-E-\u7f57\u65af\u66fc\uff08\u8463\u4e8b\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6258\u9a6c\u65af-E-\u7f57\u65af\u66fc\u81ea2013\u5e741\u6708\u8d77\u5728\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u62c5\u4efb\u6211\u4eec\u7684\u5ba1\u8ba1\u59d4\u5458\u4f1a\u6210\u5458\u76f4\u81f32020\u5e746\u6708\uff0c\u5e76\u81ea2020\u5e746\u6708\u8d77\u62c5\u4efb\u6211\u4eec\u7684\u63d0\u540d\u548c\u516c\u53f8\u6cbb\u7406\u59d4\u5458\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u7f57\u65af\u66fc\u5148\u751f\u81ea2015\u5e743\u6708\u8d77\u62c5\u4efb\u7d22\u5c3c\u5f71\u89c6\u5a31\u4e50\u7535\u5f71\u96c6\u56e2\u4e3b\u5e2d\uff0c\u8d1f\u8d23\u76d1\u7763\u54e5\u4f26\u6bd4\u4e9a\u7535\u5f71\u516c\u53f8\u3001\u4e09\u661f\u7535\u5f71\u516c\u53f8\u3001Imageworks\u548c\u7d22\u5c3c\u52a8\u753b\u516c\u53f8\u4ee5\u53ca\u5176\u4ed6\u5b9e\u4f53\u3002\u4ece2013\u5e749\u6708\u52302015\u5e742\u6708\uff0c\u7f57\u65af\u66fc\u5148\u751f\u662f\u4e09\u661f\u5236\u7247\u516c\u53f8\u7684\u4e3b\u5e2d\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6b64\u524d\uff0c\u7f57\u65af\u66fc\u5148\u751f\u4e8e 2000 \u5e74\u81f3 2005 \u5e74\u62c5\u4efb\u65b0\u95fb\u96c6\u56e2\u65d7\u4e0b\u5a92\u4f53\u516c\u53f8\u798f\u514b\u65af\u5a31\u4e50\u96c6\u56e2\u516c\u53f8\u8463\u4e8b\u957f\uff0c2005 \u5e74\u81f3 2012 \u5e74\u62c5\u4efb\u8be5\u516c\u53f8\u8463\u4e8b\u957f\u517c\u9996\u5e2d\u6267\u884c\u5b98\u30022000 \u5e74 1 \u6708\u81f3 2000 \u5e74 8 \u6708\uff0c\u7f57\u65af\u66fc\u5148\u751f\u62c5\u4efb\u4e8c\u5341\u4e16\u7eaa\u798f\u514b\u65af\u7535\u5f71\u96c6\u56e2\u603b\u88c1\uff0c1995 \u5e74\u81f3 2000 \u5e74\u62c5\u4efb\u4e8c\u5341\u4e16\u7eaa\u798f\u514b\u65af\u5236\u7247\u516c\u53f8\u603b\u88c1\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">1994\u5e74\uff0c\u7f57\u65af\u66fc\u5148\u751f\u521b\u7acb\u4e86\u798f\u514b\u65af\u63a2\u7167\u706f\u7535\u5f71\u516c\u53f8\u5e76\u62c5\u4efb\u603b\u88c1\u3002\u5728\u6b64\u4e4b\u524d\uff0c\u4ed6\u4e8e1989\u5e74\u81f31994\u5e74\u62c5\u4efbSamuel Goldwyn\u516c\u53f8\u7684\u5168\u7403\u751f\u4ea7\u603b\u88c1\u30021982\u5e74\u81f31987\u5e74\uff0c\u7f57\u65af\u66fc\u5148\u751f\u8fd8\u66fe\u5728\u6cd5\u5170\u514b\u798f\u3001\u5e93\u5c3c\u7279\u3001\u514b\u83b1\u56e0\u548c\u585e\u5c14\u5179\u5f8b\u5e08\u4e8b\u52a1\u6240\u62c5\u4efb\u5f8b\u5e08\uff0c\u540e\u6210\u4e3a\u5408\u4f19\u4eba\u3002\u7f57\u65af\u66fc\u5148\u751f\u662f\u5723\u4e39\u65af\u7814\u7a76\u6240\u548c\u7f8e\u56fd\u7535\u5f71\u534f\u4f1a\u7684\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u4e24\u8005\u90fd\u662f\u8363\u8a89\u8463\u4e8b\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4ed6\u4e5f\u662f\u52a0\u5dde\u827a\u672f\u5b66\u9662\uff08CalArts\uff09\u3001\u5e03\u6717\u5927\u5b66\uff08\u8363\u8a89\uff09\u7684\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u5e76\u88ab\u5965\u5df4\u9a6c\u603b\u7edf\u4efb\u547d\u4e3a\u56fd\u5bb6\u827a\u672f\u59d4\u5458\u4f1a\u7684\u6210\u5458\uff0c\u8be5\u59d4\u5458\u4f1a\u662f\u56fd\u5bb6\u827a\u672f\u57fa\u91d1\u4f1a\u7684\u7ba1\u7406\u673a\u6784\uff0c\u5e76\u5f97\u5230\u7f8e\u56fd\u53c2\u8bae\u9662\u7684\u786e\u8ba4\u3002<\/li>\n<\/ul>\n<p>\u82cf\u7c73\u7279-\u8f9b\u683c\uff08\u5bfc\u6f14\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Sumit Singh \u81ea 2022 \u5e74 6 \u6708\u8d77\u62c5\u4efb\u516c\u53f8\u8463\u4e8b\u4f1a\u6210\u5458\u3002Singh \u5148\u751f\u81ea 2018 \u5e74 3 \u6708\u8d77\u62c5\u4efb Chewy \u9996\u5e2d\u6267\u884c\u5b98\u4e00\u804c\uff0c\u540c\u65f6\u4e5f\u662f\u516c\u53f8\u8463\u4e8b\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2019 \u5e74\uff0c\u4ed6\u5e26\u9886\u516c\u53f8\u5b8c\u6210\u4e86\u9996\u6b21\u516c\u5f00\u52df\u80a1\u3002Singh \u5148\u751f\u968f\u540e\u5165\u9009\u4e86\u300a\u5f6d\u535a\u5546\u4e1a\u5468\u520a\u300b\u8bc4\u9009\u7684 2020 \u5e74 \"\u5f6d\u535a 50 \u4eba \"\u699c\u5355\uff0c\u8be5\u699c\u5355\u662f\u5f6d\u535a\u5546\u4e1a\u5468\u520a\u8bc4\u9009\u7684\u5728\u8fc7\u53bb\u4e00\u5e74\u4e2d\u6539\u53d8\u4e86\u5168\u7403\u5546\u4e1a\u683c\u5c40\u7684\u521b\u65b0\u8005\u3001\u4f01\u4e1a\u5bb6\u548c\u9886\u5bfc\u8005\u7684\u5e74\u5ea6\u699c\u5355\uff0c\u4ed6\u8fd8\u5165\u9009\u4e86 NRF \u57fa\u91d1\u4f1a\u8bc4\u9009\u7684 \"2022 \u5e74\u5f71\u54cd\u96f6\u552e\u4e1a\u672a\u6765\u7684\u4eba\u7269\u699c\u5355 \"\u7b49\u5176\u4ed6\u8457\u540d\u699c\u5355\u3002\u5728\u52a0\u5165 Chewy \u4e4b\u524d\uff0cSingh \u5148\u751f\u66fe\u5728\u4e9a\u9a6c\u900a\u62c5\u4efb\u9ad8\u7ea7\u9886\u5bfc\u804c\u52a1\uff1b\u5728\u52a0\u5165\u4e9a\u9a6c\u900a\u4e4b\u524d\uff0cSingh \u5148\u751f\u66fe\u5728\u6234\u5c14\u79d1\u6280\u516c\u53f8\uff08Dell Technologies Inc.\u4ed6\u5728\u7535\u5b50\u5546\u52a1\u3001\u6280\u672f\u3001\u96f6\u552e\u548c\u7269\u6d41\u9886\u57df\u62e5\u6709 20 \u591a\u5e74\u7684\u5168\u7403\u9886\u5bfc\u7ecf\u9a8c\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4ed6\u62e5\u6709\u65c1\u906e\u666e\u6280\u672f\u5927\u5b66\u6280\u672f\u5b66\u58eb\u5b66\u4f4d\u3001\u5fb7\u514b\u8428\u65af\u5927\u5b66\u5965\u65af\u6c40\u5206\u6821\u5de5\u7a0b\u7855\u58eb\u5b66\u4f4d\u4ee5\u53ca\u829d\u52a0\u54e5\u5927\u5b66\u5e03\u65af\u5546\u5b66\u9662\u5de5\u5546\u7ba1\u7406\u7855\u58eb\u5b66\u4f4d\u3002<\/li>\n<\/ul>\n<p>Lynn M. Vojvodich\uff08\u4e3b\u4efb\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Lynn M. Vojvodich\u81ea2016\u5e741\u6708\u4ee5\u6765\u4e00\u76f4\u5728\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u662f\u63d0\u540d\u548c\u516c\u53f8\u6cbb\u7406\u59d4\u5458\u4f1a\u4ee5\u53ca\u85aa\u916c\u59d4\u5458\u4f1a\u7684\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Vojvodich\u5973\u58eb\u662f\u521d\u521b\u548c\u6210\u957f\u9636\u6bb5\u7684\u6280\u672f\u516c\u53f8\u7684\u987e\u95ee\u30022013\u5e74\u81f32017\u5e742\u6708\uff0c\u5979\u66fe\u62c5\u4efbSalesforce\u7684\u6267\u884c\u526f\u603b\u88c1\u517c\u9996\u5e2d\u8425\u9500\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0\u5728\u52a0\u5165 Salesforce \u4e4b\u524d\uff0cVojvodich \u5973\u58eb\u662f\u9886\u5148\u7684\u98ce\u9669\u6295\u8d44\u516c\u53f8 Andreessen Horowitz \u7684\u5408\u4f19\u4eba\uff0c\u5e2e\u52a9\u516c\u53f8\u5236\u5b9a\u4e0a\u5e02\u6218\u7565\u3002\u5728\u6b64\u4e4b\u524d\uff0c\u5979\u662f Terracotta \u516c\u53f8\u7684\u9996\u5e2d\u8425\u9500\u5b98\uff0c\u8be5\u516c\u53f8\u662f\u5185\u5b58\u548c\u4e91\u6280\u672f\u9886\u57df\u7684\u9886\u5148\u4f01\u4e1a\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Vojvodich\u5973\u58eb\u8fd8\u66fe\u5728\u8d1d\u6069\u516c\u53f8\u548c\u5fae\u8f6f\u7b49\u673a\u6784\u62c5\u4efb\u8fc7\u5404\u79cd\u804c\u52a1\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0Vojvodich \u5973\u58eb\u81ea 2019 \u5e74 4 \u6708\u8d77\u62c5\u4efb\u6234\u5c14\u79d1\u6280\u516c\u53f8\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u81ea 2017 \u5e74 4 \u6708\u8d77\u62c5\u4efb\u798f\u7279\u6c7d\u8f66\u516c\u53f8\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u81ea 2019 \u5e74 12 \u6708\u8d77\u62c5\u4efb\u4e91\u8bbe\u8ba1\u8f6f\u4ef6\u516c\u53f8 Figma \u8463\u4e8b\u4f1a\u6210\u5458\u3002Vojvodich \u5973\u58eb\u7684\u804c\u4e1a\u751f\u6daf\u59cb\u4e8e\u4e00\u540d\u5934\u6234\u786c\u793c\u5e3d\u7684\u673a\u68b0\u5de5\u7a0b\u5e08\uff0c\u4ece\u4e8b\u6e7e\u6d41\u55b7\u6c14\u673a\u548c\u6d77\u4e0a\u77f3\u6cb9\u7ed3\u6784\u7684\u8bbe\u8ba1\u548c\u5efa\u9020\u5de5\u4f5c\u3002<\/li>\n<\/ul>\n<p>Venessa A. Wittmam\uff08\u4e3b\u4efb\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Vanessa A. Wittman\u81ea2019\u5e746\u6708\u4ee5\u6765\u4e00\u76f4\u5728\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u662f\u6211\u4eec\u7684\u5ba1\u8ba1\u59d4\u5458\u4f1a\u4e3b\u5e2d\u3002\u5a01\u7279\u66fc\u5973\u58eb\u81ea2019\u5e744\u6708\u8d77\u62c5\u4efb\u5728\u7ebf\u7f8e\u5bb9\u4ea7\u54c1\u516c\u53f8Glossier\u7684\u9996\u5e2d\u8d22\u52a1\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5979\u66fe\u57282018\u5e74\u671f\u95f4\u62c5\u4efbVerizon\u65d7\u4e0b\u5b50\u516c\u53f8Oath\u7684\u9996\u5e2d\u8d22\u52a1\u5b98\u3002\u5a01\u7279\u66fc\u5973\u58eb\u4e8e2015\u5e74\u81f32016\u5e74\u62c5\u4efbDropbox\u7684\u9996\u5e2d\u8d22\u52a1\u5b98\uff0c\u5e76\u4e8e2012\u5e74\u81f32014\u5e74\u62c5\u4efb\u8c37\u6b4c\u5b50\u516c\u53f8\u6469\u6258\u7f57\u62c9\u79fb\u52a8\u7684\u9996\u5e2d\u8d22\u52a1\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2008\u5e74\u81f32012\u5e74\uff0c\u5a01\u7279\u66fc\u5973\u58eb\u62c5\u4efb\u5168\u7403\u4e13\u4e1a\u670d\u52a1\u516c\u53f8Marsh &amp; McLennan Companies\u7684\u6267\u884c\u526f\u603b\u88c1\u517c\u9996\u5e2d\u8d22\u52a1\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u52a0\u5165Marsh &amp; McLennan\u4e4b\u524d\uff0cWittman\u5973\u58eb\u5728\u5979\u7684\u804c\u4e1a\u751f\u6daf\u4e2d\u8fd8\u62c5\u4efb\u8fc7\u5176\u4ed6\u4e00\u4e9b\u9ad8\u7ea7\u8d22\u52a1\u804c\u52a1\u3002\u5a01\u7279\u66fc\u5973\u58eb\u76ee\u524d\u5728\u53ef\u6301\u7eed\u98df\u54c1\u516c\u53f8Impossible Foods Inc.\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u5e76\u62c5\u4efb\u5ba1\u8ba1\u59d4\u5458\u4f1a\u4e3b\u5e2d\uff0c\u540c\u65f6\u4e5f\u662fOscar Health\u516c\u53f8\u7684\u8463\u4e8b\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2014\u5e74\u81f32019\u5e74\uff0c\u5a01\u7279\u66fc\u5973\u58eb\u662f\u5316\u5986\u54c1\u548c\u7f8e\u5bb9\u7528\u54c1\u96f6\u552e\u5546Ulta Beauty\u7684\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u5e76\u62c5\u4efb\u5176\u5ba1\u8ba1\u59d4\u5458\u4f1a\u6210\u5458\u30022011\u5e74\u81f32018\u5e74\uff0c\u5979\u8fd8\u62c5\u4efb\u4e86Sirius XM\u63a7\u80a1\u516c\u53f8\u7684\u8463\u4e8b\u4f1a\u6210\u5458\u3002<\/li>\n<\/ul>\n<h4>\u6765\u6e90\u4e8eBookings.com<\/h4>\n<p>\u4ece2022\u5e74\u7684\u4ee3\u7406\u58f0\u660e\u6765\u770b\uff0c\u5148\u950b\u96c6\u56e2\u548c\u8d1d\u83b1\u5fb7\u516c\u53f8\u5728Booking Holdings\u4e2d\u626e\u6f14\u7740\u91cd\u8981\u89d2\u8272\u3002\u4ed6\u4eec\u5206\u522b\u6301\u67097.7%\u548c6.4%\u7684\u80a1\u4efd\u3002<\/p>\n<h2><b>\u6267\u884c\u56e2\u961f<\/b><\/h2>\n<h4>\u6765\u6e90\u4e8eBookings.com<\/h4>\n<p>Peter J. Milliones, Jr.\uff08\u6267\u884c\u526f\u603b\u88c1\u517c\u603b\u987e\u95ee\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Peter J. Millones Jr<i>.<\/i> \u81ea2001\u5e741\u6708\u8d77\u62c5\u4efb\u603b\u6cd5\u5f8b\u987e\u95ee\uff0c\u81ea2003\u5e744\u6708\u8d77\u62c5\u4efb\u6267\u884c\u526f\u603b\u88c1\u3002\u4ed6\u66fe\u4e8e2000\u5e743\u6708\u81f32001\u5e741\u6708\u62c5\u4efb\u526f\u603b\u88c1\u517c\u526f\u603b\u6cd5\u5f8b\u987e\u95ee\uff0c2001\u5e741\u6708\u81f32018\u5e744\u6708\u62c5\u4efb\u6211\u4eec\u7684\u516c\u53f8\u79d8\u4e66\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u6b64\u4e4b\u524d\uff0cMillones\u5148\u751f\u66fe\u5728Latham &amp; Watkins LLP\u5f8b\u5e08\u4e8b\u52a1\u6240\u5de5\u4f5c\u3002\u4f5c\u4e3a\u5176\u804c\u8d23\u7684\u4e00\u90e8\u5206\uff0c\u7c73\u6d1b\u5185\u65af\u5148\u751f\u8d1f\u8d23\u76d1\u7763\u6211\u4eec\u7684\u9ad8\u7ba1\u85aa\u916c\u8ba1\u5212\u3002<\/li>\n<\/ul>\n<p>David I. Goulden\uff08\u6267\u884c\u526f\u603b\u88c1\u517c\u9996\u5e2d\u8d22\u52a1\u5b98\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">David I. Goulden\u57282018\u5e742\u6708\u79bb\u5f00\u6234\u5c14\u79d1\u6280\u516c\u53f8\u540e\u4e8e2018\u5e743\u67081\u65e5\u52a0\u5165\u6211\u4eec\uff0c\u662f\u6211\u4eec\u7684\u6267\u884c\u526f\u603b\u88c1\u517c\u9996\u5e2d\u8d22\u52a1\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0\u5728\u52a0\u5165 Booking Holdings \u4e4b\u524d\uff0cGoulden \u5148\u751f\u66fe\u5148\u540e\u5728 EMC \u516c\u53f8\u548c\u6234\u5c14\u79d1\u6280\u516c\u53f8\uff08EMC \u88ab\u6234\u5c14\u6536\u8d2d\u540e\uff09\u62c5\u4efb\u591a\u4e2a\u9ad8\u7ea7\u7ba1\u7406\u804c\u4f4d\uff0c\u5305\u62ec\u6234\u5c14\u57fa\u7840\u8bbe\u65bd\u89e3\u51b3\u65b9\u6848\u96c6\u56e2\u603b\u88c1\uff082016 \u5e74\u5f00\u59cb\uff09\u3001EMC \u4fe1\u606f\u57fa\u7840\u8bbe\u65bd\u9996\u5e2d\u6267\u884c\u5b98\uff082014-2016 \u5e74\uff09\u3001EMC \u603b\u88c1\u517c\u9996\u5e2d\u8fd0\u8425\u5b98\uff082012-2014 \u5e74\uff09\u548c EMC \u9996\u5e2d\u8d22\u52a1\u5b98\uff082006-2014 \u5e74\uff09\u3002<\/li>\n<\/ul>\n<p>\u4fdd\u7f57-\u76ae\u8428\u8bfa\uff08\u9996\u5e2d\u4eba\u529b\u8d44\u6e90\u5b98\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4fdd\u7f57-\u76ae\u8428\u8bfa\u62c5\u4efbBooking Holdings Inc.\u7684\u9996\u5e2d\u4eba\u529b\u8d44\u6e90\u5b98\uff0c\u5e76\u62c5\u4efbBooking.com\u7684\u9ad8\u7ea7\u526f\u603b\u88c1\u517c\u9996\u5e2d\u4eba\u4e8b\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u57282020\u5e74\u521d\u52a0\u5165Booking.com\u4e4b\u524d\uff0c\u4fdd\u7f57\u662f\u5168\u7403\u7efc\u5408\u80fd\u6e90\u516c\u53f8Galp\u7684\u9996\u5e2d\u4eba\u4e8b\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u6b64\u4e4b\u524d\uff0c\u4ed6\u66fe\u62c5\u4efb\u57f9\u751f\u516c\u53f8\u7684\u9ad8\u7ea7\u526f\u603b\u88c1\u548c\u9996\u5e2d\u4eba\u624d\u5b98\uff0c\u6b64\u524d\u4ed6\u66fe\u5728\u5df4\u514b\u83b1\u94f6\u884c\u62c5\u4efb\u7ec4\u7ec7\u6548\u7387\u4e3b\u7ba1\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0\u4fdd\u7f57\u62e5\u6709\u6b27\u6d32\u5de5\u5546\u7ba1\u7406\u5b66\u9662\uff08INSEAD\uff09\u7684MBA\u5b66\u4f4d\uff0c\u5e76\u901a\u8fc7\u300a\u91d1\u878d\u65f6\u62a5\u300b\u83b7\u5f97\u4e86NED\u6587\u51ed\u3002<\/li>\n<\/ul>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u4ea7\u54c1\u5b9a\u4f4d<\/b><\/h2>\n<p>Booking Holding Inc.\u662f\u4e00\u5bb6\u5728\u7ebf\u65c5\u884c\u793e\uff08OTA\uff09\u3002\u62e5\u6709\u591a\u4e2a\u54c1\u724c\u3002\u5b83\u901a\u8fc7\u516d\u4e2a\u4e3b\u8981\u9762\u5411\u6d88\u8d39\u8005\u7684\u54c1\u724c\u63d0\u4f9b\u8fd9\u4e9b\u670d\u52a1\u3002Booking.com, Priceline, agoda, Rentalcars.com, KAYAK, \u548cOpenTable\u3002\u540c\u65f6\u4ed6\u4eec\u7ee7\u7eed\u589e\u52a0\u5404\u54c1\u724c\u4e4b\u95f4\u7684\u534f\u4f5c\u3001\u5408\u4f5c\u548c\u76f8\u4e92\u4f9d\u8d56\uff0c\u4e3a\u6d88\u8d39\u8005\u63d0\u4f9b\u6700\u5168\u9762\u7684\u670d\u52a1\uff0c\u5e76\u4f7f\u5176\u89c4\u6a21\u6548\u76ca\u6700\u5927\u5316\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Booking.com\u3002 <\/b>\u662f\u4e00\u4e2a\u63d0\u4f9b\u4e00\u7ad9\u5f0f\u670d\u52a1\u548c\u9884\u8ba2\u7684\u54c1\u724c\u3002\u63d0\u4f9b\u9152\u5e97\u3001\u6c7d\u8f66\u65c5\u9986\u3001\u5ea6\u5047\u6751\u3001\u4f4f\u5b85\u3001\u516c\u5bd3\u548c\u5176\u4ed6\u72ec\u7279\u4f4f\u5bbf\u573a\u6240\u7684\u4f4f\u5bbf\u9884\u8ba2\u670d\u52a1\uff0c\u4ee5\u53ca\u51fa\u79df\u8f66\u548c\u9ed1\u8f66\u9884\u8ba2\u670d\u52a1\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Rentalcars.com\u3002<\/b> Rentalcars.com\u4f5c\u4e3aBooking.com\u7684\u4e00\u90e8\u5206\u8fd0\u8425\uff0c\u63d0\u4f9b\u5728\u7ebf\u79df\u8f66\u9884\u8ba2\u670d\u52a1\u3002\u4ed6\u4eec\u8fd8\u63d0\u4f9b\u9884\u5148\u9884\u8ba2\u7684\u51fa\u79df\u8f66\u548c\u9ed1\u8f66\u670d\u52a1\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Priceline\u3002 <\/b>Priceline\u662f\u6298\u6263\u65c5\u6e38\u9884\u8ba2\u4e1a\u52a1\u7684\u9886\u5bfc\u8005\uff0c\u63d0\u4f9b\u5728\u7ebf\u65c5\u6e38\u9884\u8ba2\u670d\u52a1\uff0c\u4e3b\u8981\u96c6\u4e2d\u5728\u5317\u7f8e\u5730\u533a\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Agoda\u3002 <\/b>Agoda\u662f\u4e00\u5bb6\u9886\u5148\u7684\u5728\u7ebf\u4f4f\u5bbf\u9884\u8ba2\u670d\u52a1\uff0c\u4e3b\u8981\u8fce\u5408\u4e9a\u592a\u5730\u533a\u7684\u6d88\u8d39\u8005\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>KAYAK. <\/b>KAYAK\u63d0\u4f9b\u4e86\u4e00\u4e2a\u5728\u7ebf\u4ef7\u683c\u6bd4\u8f83\u670d\u52a1\uff0c\u53ef\u4ee5\u8f7b\u677e\u5730\u641c\u7d22\u548c\u6bd4\u8f83\u65c5\u6e38\u884c\u7a0b\u548c\u4ef7\u683c\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>OpenTable\u3002 <\/b>OpenTable\u662f\u4e00\u4e2a\u9884\u8ba2\u5728\u7ebf\u9910\u5385\u7684\u9886\u5148\u54c1\u724c\u3002<\/li>\n<\/ul>\n<p>\u5176\u4f18\u70b9\u662f\u7b80\u5316\u4e86\u65c5\u6e38\u9884\u8ba2\u8fc7\u7a0b\uff0c\u53d1\u660e\u4e86\u65c5\u6e38\u5957\u9910\uff0c\u8fdb\u4e00\u6b65\u4f18\u5316\u4e86\u65c5\u6e38\u9884\u8ba2\u7684\u641c\u7d22\u8fc7\u7a0b\u3002<\/p>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>\u5168\u7403\u8303\u56f4\u5185\u7684\u7ade\u4e89\u5206\u6790<\/b><\/h3>\n<p>\u6839\u636e\u6700\u8fd1 3 \u5e74\u7684\u5e74\u62a5\u62ab\u9732\uff0c\u8c37\u6b4c\u3001\u82f9\u679c\u3001\u963f\u91cc\u5df4\u5df4\u3001\u817e\u8baf\u3001\u4e9a\u9a6c\u900a\u548c Facebook \u662f\u5f53\u524d\u7684\u4e3b\u8981\u7ade\u4e89\u5bf9\u624b\uff0c\u5b83\u4eec\u5728\u5ba2\u6237\u6216\u7528\u6237\u3001\u6d88\u8d39\u8005\u6570\u636e\u3001\u8d22\u52a1\u548c\u5176\u4ed6\u8d44\u6e90\u65b9\u9762\u90fd\u6bd4 Booking \u591a\u5f97\u591a\u3002<\/p>\n<p>\u8c37\u6b4c\u5df2\u5c06\u4fe1\u606f\u548c\u9884\u8ba2\u4ea7\u54c1\u6574\u5408\u5230\u8c37\u6b4c\u5730\u56fe\u4e2d\uff0c\u540c\u65f6\u8c37\u6b4c\u4e5f\u662f\u9886\u5148\u7684\u4e92\u8054\u7f51\u641c\u7d22\u670d\u52a1\u63d0\u4f9b\u5546\uff0c\u5e76\u5229\u7528\u5176\u641c\u7d22\u77e5\u540d\u5ea6\u63a8\u5e7f\u5176\u65c5\u6e38\u670d\u52a1\uff0c\u964d\u4f4e \"\u5ba2\u6237\u83b7\u53d6\u6210\u672c\"\u3002<\/p>\n<p>\u5728\u4eba\u5458\u65b9\u9762\uff0cbooking \u5728\u6b27\u6d32\u3001\u7f8e\u56fd\u548c\u4e9a\u6d32\u5e02\u573a\u53d6\u5f97\u7684\u6210\u529f\uff0c\u5bfc\u81f4\u7ade\u4e89\u5bf9\u624b\u548c\u5176\u4ed6\u516c\u53f8\u52a0\u5927\u4e86\u96c7\u7528 booking \u5458\u5de5\u7684\u529b\u5ea6\uff0c\u4ece\u800c\u52a0\u5267\u4e86 booking \u7684\u4eba\u624d\u7ade\u4e89\uff0c\u4f7f\u4ed6\u4eec\u4e0d\u5f97\u4e0d\u589e\u52a0\u4eba\u624d\u4eba\u4e8b\u8d39\u7528\uff0c\u4ee5\u5438\u5f15\u548c\u7559\u4f4f\u5173\u952e\u4eba\u624d\u3002\u6b64\u5916\uff0c\u67d0\u4e9b\u516c\u53f8\u8d8a\u6765\u8d8a\u613f\u610f\u63d0\u4f9b\u7075\u6d3b\u548c\u8fdc\u7a0b\u5de5\u4f5c\u653f\u7b56\uff0c\u8fd9\u4e5f\u52a0\u5267\u4e86\u4eba\u624d\u7ade\u4e89\uff0c\u4ece\u800c\u6269\u5927\u4e86\u6211\u4eec\u7684\u7ade\u4e89\u5bf9\u624b\u53ef\u80fd\u5438\u5f15\u4eba\u624d\u7684\u5019\u9009\u4eba\u5e93\u3002<\/p>\n<p>\u5728\u5e02\u573a\u4efd\u989d\u65b9\u9762\uff0c\u6b27\u6d32\u548c\u4e9a\u592a\u5e02\u573a\u4e0e\u7f8e\u56fd\u5e02\u573a\u4e4b\u95f4\u5b58\u5728\u7740\u91cd\u5927\u5dee\u5f02\u3002\u5728\u7f8e\u56fd\uff0c\u9884\u8ba2\u6709\u4e00\u4e2a\u66f4\u5927\u7684\u65c5\u6e38\u5e02\u573a\uff0c\u56e0\u6b64\u66f4\u52a0\u6807\u51c6\u5316\u548c\u96c6\u4e2d\u5316\u3002<\/p>\n<p>\u96c5\u864e\u8d22\u7ecf<\/p>\n<p>\u4e0a\u8868\u663e\u793a\u4e86 2021 \u5e74 Booking \u4e3b\u8981\u7ade\u4e89\u5bf9\u624b\u7684\u603b\u8425\u6536\u3002\u5176\u4e2d\u6bd4\u8f83\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0cExpedia \u7684\u603b\u6536\u5165\u4e3a $85.98\u767e\u4e07\u7f8e\u5143\uff0c\u4e0e\u5176\u4ed6\u7ade\u4e89\u5bf9\u624b\u62c9\u5f00\u4e86\u5f88\u5927\u7684\u5dee\u8ddd\uff0c\u4e0e Booking \u7684\u603b\u6536\u5165\u6700\u4e3a\u63a5\u8fd1\u3002\u6b64\u5916\uff0cExpedia \u8fd8\u662f Booking \u5728\u6b27\u6d32\u5730\u533a\u6700\u5f3a\u52b2\u7684\u7ade\u4e89\u5bf9\u624b\u3002<\/p>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>\u76c8\u4e8f\u5e73\u8861\u5206\u6790<\/b><\/h3>\n<p>\u5728\u672c\u8282\u4e2d\uff0c\u76c8\u4e8f\u5e73\u8861\u5206\u6790\u88ab\u7528\u4f5c\u4e00\u79cd\u8d22\u52a1\u8ba1\u7b97\uff0c\u5b83\u5c06\u4e00\u9879\u65b0\u4e1a\u52a1\u3001\u670d\u52a1\u6216\u4ea7\u54c1\u7684\u6210\u672c\u4e0e\u9500\u552e\u6536\u5165\u8fdb\u884c\u6743\u8861\uff0c\u4ee5\u786e\u5b9a\u76c8\u4e8f\u5e73\u8861\u70b9\u3002\u6362\u53e5\u8bdd\u8bf4\uff0c\u5b83\u63ed\u793a\u4e86Booking Holdings Inc.\u5356\u51fa\u8db3\u591f\u7684\u5355\u4f4d\u6765\u652f\u4ed8\u6240\u6709\u7684\u6210\u672c\u7684\u70b9\u3002<\/p>\n<p>\u4ee5\u4e0b\u662f\u6211\u4eec\u6536\u652f\u5e73\u8861\u5206\u6790\u7684\u7ed3\u679c\u3002<\/p>\n<table>\n<tbody>\n<tr>\n<td><\/td>\n<td>2021<\/td>\n<td>2020<\/td>\n<td>2019<\/td>\n<td>2018<\/td>\n<td>2017<\/td>\n<\/tr>\n<tr>\n<td>\u603b\u6536\u5165<\/td>\n<td>$ 10,958<\/td>\n<td>$ 6,796<\/td>\n<td>$ 15,066<\/td>\n<td>$ 14,527<\/td>\n<td>$ 12,681<\/td>\n<\/tr>\n<tr>\n<td>TVC<\/td>\n<td>881<\/td>\n<td>755<\/td>\n<td>955<\/td>\n<td>830<\/td>\n<td>759<\/td>\n<\/tr>\n<tr>\n<td>\u8d21\u732e\u5229\u6da6\u7387<\/td>\n<td>10,077<\/td>\n<td>6,041<\/td>\n<td>14,111<\/td>\n<td>13,697<\/td>\n<td>11,922<\/td>\n<\/tr>\n<tr>\n<td>TFC<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 7,581<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 6,672<\/td>\n<td>8,766<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 8,356<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 7,384<\/td>\n<\/tr>\n<tr>\n<td>\u76c8\u4e8f\u5e73\u8861\u70b9\uff08\u9500\u552e\u7f8e\u5143\uff09<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.75<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 1.10<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.62<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.61<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.62<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u6211\u4eec\u53ef\u4ee5\u770b\u5230\uff0c\u57282020\u5e74COVID-19\u5f00\u59cb\u7684\u90a3\u4e00\u5e74\uff0c\u6536\u5165\u548c\u6210\u672c\u4e4b\u95f4\u7684\u5e73\u8861\u662f\u76f8\u5bf9\u5371\u9669\u7684\u30022020\u5e74\u4e4b\u540e\uff0c\u968f\u7740\u6536\u5165\u7684\u6500\u5347\uff0c\u8fc5\u901f\u6062\u590d\u5230\u4e0e\u5927\u6d41\u884c\u4e4b\u524d\u7684\u6b63\u5e38\u6c34\u5e73\u76f8\u7b26\u3002\u53e6\u5916\uff0c\u56fa\u5b9a\u6210\u672c\uff08\u52b3\u52a8\u529b\u3001\u5de5\u8d44\u3001\u5e7f\u544a\u7b49\uff09\u548c\u53ef\u53d8\u6210\u672c\u7684\u6c34\u5e73\u5728\u8fd9\u51e0\u5e74\u91cc\u76f8\u5bf9\u7a33\u5b9a\u3002<\/p>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u8d34\u73b0\u73b0\u91d1\u6d41\u6a21\u578b\u9884\u6d4b<\/b><\/h2>\n<p>\u5728\u8fd9\u4e00\u8282\u4e2d\uff0c\u6211\u4eec\u9884\u6d4b\u4e86\u672a\u67655\u5e74\uff082022-2026\uff09\u7684\u65e0\u6760\u6746\u81ea\u7531\u73b0\u91d1\u6d41\u3002<\/p>\n<p>\u6765\u6e90\uff1a\u96c5\u864e\u8d22\u7ecf<\/p>\n<p>\u5728\u63ed\u793a\u7ed3\u679c\u548c\u5206\u6790\u4e4b\u524d\uff0c\u6709\u4e00\u4e9b\u5047\u8bbe\u9700\u8981\u62ab\u9732\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5047\u8bbe\u52302022-2024\u5e74EBITDA\u7684\u589e\u957f\u7387\u4e3a20%\uff0c2025\u5e74\u4e3a4%<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">4%\u7684\u957f\u671f\u589e\u957f\u7387<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">WACC\u4f5c\u4e3a8%\u7684\u8d34\u73b0\u7387<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u8ba1\u7b97\u516c\u5f0fNWC = \u5e93\u5b58 + A\/R - A\/P<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6839\u636eStatista\u76842022\u5e74\u9884\u6d4b\uff0cEBITDA\u500d\u6570\u4e3a17.1\u500d\u3002<\/li>\n<\/ul>\n<p>\u6700\u540e\u4e00\u884c\uff0c5 \u5e74\u73b0\u91d1\u6d41 PV \u4e4b\u548c\u4e3a $12,503MM\u3002\u7136\u540e\uff0c\u6211\u4eec\u7528\u4e24\u79cd\u4e0d\u540c\u7684\u65b9\u6cd5\u8ba1\u7b97\u4e86\u4f01\u4e1a\u4ef7\u503c\uff0c\u9996\u5148\u786e\u5b9a\u4e86 2026 \u5e74\u7684\u7ec8\u503c\uff1a1\uff09\u6c38\u7eed\u589e\u957f\u6cd5\uff1b2\uff09\u606f\u7a0e\u6298\u65e7\u644a\u9500\u524d\u5229\u6da6\u500d\u6570\u6cd5\u3002<\/p>\n<p>1.)\u6c38\u7eed\u589e\u957f\u6cd5<\/p>\n<table>\n<tbody>\n<tr>\n<td>2022-2026\u5e74\u7684PV\u4e4b\u548c<\/td>\n<td>12,503<\/td>\n<\/tr>\n<tr>\n<td>\u957f\u671f\u589e\u957f\u7387<\/td>\n<td>4%<\/td>\n<\/tr>\n<tr>\n<td>2026\u5e74\u7684\u7ec8\u7aef\u4ef7\u503c<\/td>\n<td>105,847<\/td>\n<\/tr>\n<tr>\n<td>\u7535\u89c6\u673a\u7684PV<\/td>\n<td>72,038<\/td>\n<\/tr>\n<tr>\n<td>\u4f01\u4e1a\u4ef7\u503c(EV)<\/td>\n<td>84,541<\/td>\n<\/tr>\n<tr>\n<td>\u80a1\u7968\u4ef7\u503c<\/td>\n<td>$2,126.15<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>2.)EBITDA\u500d\u6570\u6cd5<\/p>\n<table>\n<tbody>\n<tr>\n<td>2022-2026\u5e74\u7684PV\u4e4b\u548c<\/td>\n<td>12,503<\/td>\n<\/tr>\n<tr>\n<td>EBITDA\u500d\u6570<\/td>\n<td>17.1x<\/td>\n<\/tr>\n<tr>\n<td>2026\u5e74\u7684\u7ec8\u7aef\u4ef7\u503c<\/td>\n<td>104,467<\/td>\n<\/tr>\n<tr>\n<td>\u7535\u89c6\u673a\u7684PV<\/td>\n<td>71,098<\/td>\n<\/tr>\n<tr>\n<td>\u4f01\u4e1a\u4ef7\u503c(EV)<\/td>\n<td>83,601<\/td>\n<\/tr>\n<tr>\n<td>\u80a1\u7968\u4ef7\u503c<\/td>\n<td>$2,103.44<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>2022\u5e748\u67084\u65e5\uff0cBooking Holdings Inc.\u7684\u80a1\u4ef7\u4e3a78.32B\uff0c\u80a1\u4ef7\u4e3a$1914.57\u3002\u6b63\u5982\u6211\u4eec\u7684DCF\u6a21\u578b\u6240\u663e\u793a\u7684\uff0cEV\u53ef\u80fd\u4f1a\u8fbe\u523083B\u5de6\u53f3\uff0c\u901a\u8fc7\u5bf9\u5386\u53f2EV\u7684\u7edf\u8ba1\uff0c\u6211\u4eec\u53ef\u4ee5\u770b\u5230\uff0c\u5982\u679cBooking Holding Inc.\u4eceCOVID-19\u4e2d\u6062\u590d\u8fc7\u6765\uff0cEV\u56de\u5230\u5176\u5e73\u5747\u6c34\u5e73\uff0c\u8fd9\u4e2a\u4f30\u8ba1\u662f\u5408\u7406\u7684\u3002<\/p>\n<p>\u4e0e\u7ade\u4e89\u5bf9\u624b\u76f8\u6bd4\uff0cBooking Holdings Inc.\u8fc4\u4eca\u62e5\u6709\u6700\u5927\u7684\u7535\u52a8\u6c7d\u8f66\u3002<\/p>\n<p>\u5173\u4e8e\u80a1\u6743\u4ef7\u503c\uff0c\u6211\u4eec\u9700\u8981\u8003\u8651\u51c0\u503a\u52a1\u3002\u5728\u8fc7\u53bb\u4e94\u4e2a\u8d22\u5e74\u4e2d\uff0cBooking \u7684\u51c0\u503a\u52a1\/\u603b\u8d44\u672c\u4ece 2017 \u5e74\u7684 2.5% \u4e0b\u964d\u5230 2021 \u5e74\u7684-0.6%\u3002\u4f46\u5728 2022 \u5e74 6 \u6708\u8fbe\u5230\u9876\u5cf0\uff0c\u4e3a 11.2%\u3002\u7531\u4e8e\u51c0\u503a\u52a1\u5448\u4e0b\u964d\u8d8b\u52bf\uff0c\u5e76\u5728 2022 \u5e74\u8fbe\u5230\u5cf0\u503c\uff0c\u6211\u4eec\u9700\u8981\u8fdb\u4e00\u6b65\u7814\u7a76 2022 \u5e74\u5cf0\u503c\u80cc\u540e\u7684\u56e0\u7d20\u3002\u5982\u679c\u4e0d\u662f\u957f\u671f\u56e0\u7d20\uff0c\u90a3\u4e48\u80a1\u672c\u4ef7\u503c\u53ef\u80fd\u4f1a\u9ad8\u4e8e\u4e0a\u8868\u6240\u793a\u7684\u5f53\u524d\u80a1\u4ef7\u3002<\/p>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>\u73b0\u91d1\u6d41\u91cf\u8868<\/b><\/h3>\n<p>\u7ecf\u8425\u6d3b\u52a8\u662f\u6765\u81ea\u516c\u53f8\u65e5\u5e38\u4e1a\u52a1\u8fd0\u8425\u7684\u73b0\u91d1\u6d41\u6765\u6e90\uff0c\u56e0\u6b64\u6211\u4eec\u8981\u5173\u6ce8\u7ecf\u8425\u6027\u73b0\u91d1\u6d41\u3002<\/p>\n<p>\u4e0b\u8868\u663e\u793a\u4e86\u51c0\u7ecf\u8425\u73b0\u91d1\u6d41\u53ca\u5176\u589e\u957f\u7387\u3002<\/p>\n<table>\n<tbody>\n<tr>\n<td><\/td>\n<td><b>2017<\/b><\/td>\n<td><b>2018<\/b><\/td>\n<td><b>2019<\/b><\/td>\n<td><b>2020<\/b><\/td>\n<td><b>2021<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>\u51c0\u7ecf\u8425\u73b0\u91d1\u6d41<\/b><\/td>\n<td>4.66B<\/td>\n<td>5.34B<\/td>\n<td>4.87B<\/td>\n<td>85M<\/td>\n<td>2.82B<\/td>\n<\/tr>\n<tr>\n<td><b>\u51c0\u7ecf\u8425\u73b0\u91d1\u6d41\u589e\u957f<\/b><\/td>\n<td>-<\/td>\n<td>14.50%<\/td>\n<td>-8.86%<\/td>\n<td>-98.25%<\/td>\n<td>3,217.65%<\/td>\n<\/tr>\n<tr>\n<td><b>\u51c0\u7ecf\u8425\u73b0\u91d1\u6d41\/\u9500\u552e\u989d<\/b><\/td>\n<td>36.76%<\/td>\n<td>36.75%<\/td>\n<td>32.29%<\/td>\n<td>1.25%<\/td>\n<td>25.73%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u6b63\u5982\u6211\u4eec\u5728\u8fd9\u91cc\u770b\u5230\u7684\uff0c\u7ecf\u8425\u6027\u73b0\u91d1\u6d41\u5df2\u7ecf\u88abCOVID-19\u635f\u574f\uff0c\u4f46\u57282021\u5e74\u5f88\u5feb\u5c31\u653e\u5f03\u4e86\u3002<\/p>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u884c\u4e1a\u5e73\u5747\u500d\u6570<\/b><\/h2>\n<p>\u4e0b\u8868\u663e\u793a\u4e86\u884c\u4e1a\u7684\u5e73\u5747\u500d\u6570\u548cBooking Holding Inc.\u7684\u500d\u6570\u3002\u7efc\u4e0a\u6240\u8ff0\uff0cBooking Holdings Inc.\u4e00\u76f4\u662f\u5728\u7ebf\u65c5\u884c\u793e\uff08Expedia\u3001Airbnb\u3001TripAdvisor\u3001Trip.com\u7b49\uff09\u7684\u9886\u5bfc\u8005\u3002<\/p>\n<table>\n<tbody>\n<tr>\n<td><b>2021\u8d22\u5e74\u7b2c\u56db\u5b63\u5ea6<\/b><\/td>\n<td><b>\u884c\u4e1a\u5e73\u5747\u6c34\u5e73<\/b><\/td>\n<td><b>\u9884\u8ba2\u63a7\u80a1<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>EV\/Revenue<\/b><\/td>\n<td>6.98<\/td>\n<td>8.92<\/td>\n<\/tr>\n<tr>\n<td><b>EV\/EBIT\u00a0<\/b><\/td>\n<td>136.5<\/td>\n<td>37.20<\/td>\n<\/tr>\n<tr>\n<td><b>EV\/EBITDA\u00a0<\/b><\/td>\n<td>26.61<\/td>\n<td>30.00<\/td>\n<\/tr>\n<tr>\n<td><b>\u5e02\u76c8\u7387\u00a0<\/b><\/td>\n<td>56.76<\/td>\n<td>87.70<\/td>\n<\/tr>\n<tr>\n<td><b>\u8d44\u672c\u5316<\/b><\/td>\n<td>50.98 B<\/td>\n<td>97.69 B<\/td>\n<\/tr>\n<tr>\n<td><b>P\/B<\/b><\/td>\n<td>10.84<\/td>\n<td>9.40<\/td>\n<\/tr>\n<tr>\n<td><b>PEG\u6bd4\u503c<\/b><\/td>\n<td>0.24<\/td>\n<td>0.24<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u80a1\u7968\u4ef7\u683c\u5206\u6790<\/b><\/h2>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>IPO\u4ee5\u6765\u7684\u80a1\u4ef7<\/b><\/h3>\n<p><a href=\"https:\/\/www.booking.com\/?aid=355028\" target=\"_blank\" rel=\"noopener\"><strong>\u9884\u8ba2\u63a7\u80a1<\/strong><\/a> 1999\u5e743\u670829\u65e5\u9996\u6b21\u516c\u5f00\u53d1\u884c\uff0c\u6bcf\u80a1\u53d1\u884c$550\u3002\u622a\u81f32022\u5e747\u670818\u65e5\uff0cBooking Holdings\u7684\u6700\u65b0\u6536\u76d8\u80a1\u4ef7\u4e3a$1738.79\u3002<\/p>\n<p>\u6765\u6e90\u4e8eyahoofinance<\/p>\n<p>\u81ea 1999 \u5e74\u4e0a\u5e02\u81f3\u4eca\uff0cBooking Holdings \u7684\u80a1\u4ef7\u4e0a\u6da8\u4e86 68%\u3002\u5728\u8fc7\u53bb\u7684 52 \u5468\u91cc\uff0c\u80a1\u4ef7\u4e0b\u8dcc\u4e86 -17.27%\u3002\u4e0a\u5e02\u65f6\uff0cBooking Holdings \u7684\u5e02\u503c\u4e3a $7.86 \u4ebf\u7f8e\u5143\u3002\u622a\u81f3 2022 \u5e74 7 \u6708 18 \u65e5\uff0cBKNG \u7684\u5e02\u503c\uff08\u51c0\u8d44\u4ea7\uff09\u4e3a $706.4 \u4ebf\u7f8e\u5143\uff0c\u4f01\u4e1a\u4ef7\u503c\u4e3a $702.0 \u4ebf\u7f8e\u5143\u3002\u81ea 1999 \u5e74 3 \u6708 31 \u65e5\u4ee5\u6765\uff0cBooking Holdings \u7684\u5e02\u503c\u5df2\u4ece $78.6 \u4ebf\u7f8e\u5143\u589e\u81f3 $706.4 \u4ebf\u7f8e\u5143\uff0c\u589e\u957f\u4e86 799.06%\u3002\u5e74\u590d\u5408\u589e\u957f\u7387\u4e3a 9.88%\u3002<\/p>\n<p>\u6765\u6e90\u4e8eyahoofinance<\/p>\n<p>2000 \u5e74\uff0c\u80a1\u7968\u4ef7\u683c\u4ee5 $307.4385 \u5f00\u76d8\uff0c\u4ee5 $7.8584 \u6536\u76d8\uff0c\u4e0b\u8dcc\u4e86 -97.24%\u30022001 \u5e74\uff0c\u80a1\u7968\u4ef7\u683c\u4ee5 $8.4583 \u5f00\u76d8\uff0c\u4ee5 $34.9130 \u6536\u76d8\uff0c\u589e\u52a0\u4e86 344.28%\u30022002 \u5e74\uff0c\u80a1\u7968\u5f00\u76d8\u4ef7\u4e3a $35.0930\uff0c\u6536\u76d8\u4ef7\u4e3a $9.5981\uff0c\u8dcc\u5e45\u4e3a -72.51%\u30022006 \u5e74\u81f3 2010 \u5e74\uff0cBookings \u7684\u80a1\u4ef7\u6bcf\u5e74\u90fd\u6709\u5927\u5e45\u589e\u957f\uff0c\u5e73\u5747\u589e\u957f\u7387\u4e3a 100.4%\u30022010 \u5e74\u540e\uff0cBookings \u7684\u80a1\u4ef7\u6301\u7eed\u589e\u957f\uff0c\u5e74\u5e73\u5747\u589e\u957f\u7387\u4e3a 15.5%\u3002<\/p>\n<p>\u8d1d\u5854\u503c\u8861\u91cf\u7684\u662f\u4e0e\u6574\u4e2a\u80a1\u5e02\u76f8\u6bd4\uff0c\u80a1\u7968\u4ef7\u683c\u7684\u6ce2\u52a8\u6027\u3002\u6570\u503c\u5927\u4e8e 1 \u8868\u793a\u6ce2\u52a8\u6027\u66f4\u5927\u3002\u7531\u4e8e\u8d1d\u5854\u7cfb\u6570\u4e3a 1.25\uff0c\u56e0\u6b64 BKNG \u7684\u4ef7\u683c\u6ce2\u52a8\u7387\u4e00\u76f4\u9ad8\u4e8e\u5e02\u573a\u5e73\u5747\u6c34\u5e73\u3002<\/p>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>\u6307\u6570\u8868\u73b0<\/b><\/h3>\n<ul>\n<li aria-level=\"1\">\n<h4><b>\u6570\u636e\u6536\u96c6\u3002\u6301\u6709\u8005\u7684\u6784\u6210<\/b><\/h4>\n<\/li>\n<\/ul>\n<table>\n<tbody>\n<tr>\n<td>0.25%<\/td>\n<td>% \u6240\u6709\u5185\u5e55\u4eba\u58eb\u6240\u6301\u80a1\u4efd\u7684\u6bd4\u4f8b<\/td>\n<\/tr>\n<tr>\n<td>93.48%<\/td>\n<td>% \u673a\u6784\u6301\u6709\u7684\u80a1\u7968<\/td>\n<\/tr>\n<tr>\n<td>93.71%<\/td>\n<td>\u673a\u6784\u6301\u6709\u7684%\u7684\u6d6e\u52a8\u8d44\u91d1<\/td>\n<\/tr>\n<tr>\n<td>1,946<\/td>\n<td>\u6301\u6709\u80a1\u7968\u7684\u673a\u6784\u6570\u91cf<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h4><b>\u4e0e\u7ade\u4e89\u5bf9\u624b\u548c\u6307\u6570\u76f8\u6bd4\u7684\u76f8\u5bf9\u8868\u73b0<\/b><\/h4>\n<p>\u6807\u666e500\u6307\u6570\u7531\u9ec4\u8272\u6807\u7b7e\u8868\u793a\uff0c\u4ece2017\u5e74\u52302022\u5e74\uff0c\u5b83\u7684\u8868\u73b0\u660e\u663e\u8d85\u8fc7\u4e86\u5728\u7ebf\u65c5\u884c\u793e\uff08BNGK\u3001ABNB\u3001TRIP\u3001TCOM\u7b49\uff09\u3002\u5728\u5176\u7ade\u4e89\u5bf9\u624b\u4e2d\uff0cBooking Holdings Inc.\u591a\u5e74\u6765\u7684\u8868\u73b0\u76f8\u5bf9\u7a33\u5b9a\u4e14\u8d85\u51fa\u5e73\u5747\u6c34\u5e73\uff0c\u5982\u84dd\u7ebf\u6240\u793a\u3002<\/p>\n<p>\u6765\u6e90\u4e8ekoyfin.com<\/p>\n<h4><b>\u4e0e\u6807\u51c6\u666e\u5c14500\u6307\u6570\u7684\u6bd4\u8f83\u5206\u6790<\/b><b><\/b><\/h4>\n<p>\u5728\u8fd9\u4e2a\u5206\u6790\u4e2d\uff0c\u6211\u4eec\u5efa\u7acbCAPM\u6a21\u578b\u6765\u8861\u91cf\u5e02\u573a\u56e0\u7d20\u7684\u98ce\u9669\u66b4\u9732\uff0c\u4e5f\u5c31\u662f\u6807\u51c6\u666e\u5c14500\u6307\u6570\u3002\u65e0\u98ce\u9669\u5229\u7387\u753110\u5e74\u671f\u56fd\u503a\u6536\u76ca\u7387\u8868\u793a\u3002\u98ce\u9669\u66b4\u9732\u662f\u8d1d\u5854\u503c\uff0c\u5728\u4e0b\u9762\u7684\u8868\u683c\u4e2d\u5f3a\u8c03\u3002\u6211\u4eec\u53ef\u4ee5\u770b\u5230\uff0c\u5b83\u662f0.24\uff0c\u5bf9\u5e02\u573a\u56de\u62a5\u4e0d\u662f\u5f88\u654f\u611f\u3002<\/p>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u5e02\u573a\u7814\u7a76<\/b><\/h2>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>\u76ee\u6807\u5e02\u573a\u7814\u7a76<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u9884\u8ba2\u7684\u76ee\u6807\u5ba2\u6237\u662f\u90a3\u4e9b\u719f\u6089\u5e76\u80fd\u81ea\u5982\u5730\u4f7f\u7528\u5e94\u7528\u7a0b\u5e8f\u548c\u7f51\u7ad9\u6765\u9884\u8ba2\u9152\u5e97\u3001\u822a\u73ed\uff0c\u5e76\u4ee5\u4f18\u60e0\u7684\u4ef7\u683c\u5728\u7ebf\u8ba1\u5212\u65c5\u884c\u7684\u4eba\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4ed6\u4eec\u901a\u8fc7\u5728\u793e\u4ea4\u5a92\u4f53\u4e0a\u6295\u653e\u5e7f\u544a\u6765\u63a8\u9500\u81ea\u5df1\u7684\u54c1\u724c\uff0c\u4ee5\u663e\u793a\u4eba\u4eec\u53ea\u9700\u5728\u4efb\u4f55\u5730\u65b9\u70b9\u51fb\u8bbe\u5907\u4e0a\u7684\u6309\u94ae\u5c31\u80fd\u4f53\u9a8c\u4e16\u754c\u7684\u60f3\u6cd5\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4ed6\u4eec\u901a\u8fc7\u5411\u76ee\u6807\u516c\u53f8\u63d0\u4f9b\u6700\u4e0b\u8f7d\u7684\u5728\u7ebf\u65c5\u884c\u793e\u5e73\u53f0\u3001\u5de5\u5177\u548c\u6d1e\u5bdf\u529b\uff0c\u4e3a\u5ba2\u6237\u63d0\u4f9b\u5404\u79cd\u9009\u62e9\uff0c\u4ece\u800c\u83b7\u5f97\u76ee\u6807\u516c\u53f8\u3002<\/li>\n<\/ul>\n<p><b>\u54c1\u724c\u5b9a\u4f4d<\/b><\/p>\n<p>\u6765\u6e90\u4e8eBookings.com<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5982\u4eca\uff0cBooking Holdings\u88ab\u63a8\u9500\u4e3a\u6700\u5927\u7684\u5728\u7ebf\u65c5\u6e38\u673a\u6784\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u65e9\u5728 2000 \u5e74\uff0c\u4ed6\u4eec\u5c31\u88ab\u5ba3\u4f20\u4e3a\u4e00\u5bb6\u6280\u672f\u516c\u53f8\uff0c\u5f00\u521b\u4e86\u4e00\u79cd\u88ab\u79f0\u4e3a \"\u9700\u6c42\u6536\u96c6\u7cfb\u7edf \"\u7684\u72ec\u7279\u7535\u5b50\u5546\u52a1\u5b9a\u4ef7\u7cfb\u7edf\uff0c\u4f7f\u6d88\u8d39\u8005\u80fd\u591f\u5229\u7528\u4e92\u8054\u7f51\u8282\u7701\u8d2d\u4e70\u5404\u79cd\u4ea7\u54c1\u548c\u670d\u52a1\u7684\u8d39\u7528\uff0c\u540c\u65f6\u4f7f\u5356\u5bb6\u80fd\u591f\u83b7\u5f97\u589e\u91cf\u6536\u5165\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u57282000\u5e74\u4e0b\u534a\u5e74\uff0c\u4ed6\u4eec\u7ecf\u5386\u4e86\u4e1a\u52a1\u52bf\u5934\u7684\u4e0b\u964d\uff0c\u7136\u540e\u4ed6\u4eec\u5c06\u91cd\u70b9\u8f6c\u79fb\u5230\u65c5\u6e38\u4e1a\u52a1\u4e0a\u3002<\/li>\n<\/ul>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>SWOT\u5206\u6790<\/b><\/h3>\n<p><b>\u5f3a\u5ea6<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4e16\u754c\u4e0a\u6700\u77e5\u540d\u548c\u6700\u5927\u7684\u65c5\u884c\u793e<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2021 \u5e74\uff0cBooking \u7684\u5e94\u7528\u7a0b\u5e8f\u662f\u5168\u7403\u4e0b\u8f7d\u91cf\u6700\u5927\u7684\u5728\u7ebf\u65c5\u6e38\u5e94\u7528\u7a0b\u5e8f\uff0c\u4e0b\u8f7d\u91cf\u8fbe 6300 \u4e07\u6b21\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u79fb\u52a8\u5e94\u7528\u7a0b\u5e8f\u6613\u4e8e\u4f7f\u7528\uff0c\u5177\u6709\u826f\u597d\u7684\u53ef\u89c6\u6027\u548c\u5e94\u7528\u7a0b\u5e8f\u5185\u7684\u822a\u73ed\u3001\u5730\u9762\u4ea4\u901a\u4f53\u9a8c<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6d88\u8d39\u8005\u8fd8\u53ef\u4ee5\u4f7f\u7528\u4ed6\u4eec\u7684\u5143\u641c\u7d22\u670d\u52a1\uff0c\u8f7b\u677e\u5730\u4e00\u6b21\u6027\u6bd4\u8f83\u6570\u767e\u4e2a\u5728\u7ebf\u65c5\u6e38\u5e73\u53f0\u7684\u65c5\u6e38\u9884\u8ba2\u4fe1\u606f\uff0c\u5982\u822a\u73ed\u3001\u9152\u5e97\u548c\u79df\u8f66\u9884\u8ba2\u3002<\/li>\n<\/ul>\n<p><b>\u5f31\u70b9<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u9ad8\u5ea6\u4f9d\u8d56\u4eba\u4eec\u7684\u65c5\u6e38\u610f\u613f\u548c\u653f\u5e9c\u7684\u653f\u7b56\u3002\u5728 2020 \u5e74\u81f3 2022 \u5e74\u7684 COVID-19 \u671f\u95f4\uff0c2020 \u5e74\u65c5\u6e38\u603b\u9884\u8ba2\u91cf\u51cf\u5c11 63%\uff0c2021 \u5e74\u51cf\u5c11 21%\u30022022 \u5e74\u80a1\u4ef7\u4e0b\u964d 27.53%\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5546\u4e1a\u6a21\u5f0f\u7f3a\u4e4f\u591a\u6837\u6027\u3002\u8d85\u8fc760%\u7684\u6536\u5165\u6765\u81ea\u4ee3\u7406\u4e1a\u52a1\u6a21\u5f0f\uff0c\u8be5\u6a21\u5f0f\u5728\u5176\u7f51\u7ad9\u7684\u6bcf\u4e2a\u9884\u8ba2\u4e2d\u8d5a\u53d610%-30%\u4f63\u91d1\u3002<\/li>\n<\/ul>\n<p><b>\u673a\u4f1a<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u901a\u8fc7\u6269\u5927 <a href=\"https:\/\/lions.financial\/zh\/services\/capital-markets-mergers-and-acquisitions\/\" target=\"_blank\" rel=\"noopener\"><strong>\u517c\u5e76\u4e0e\u6536\u8d2d<\/strong><\/a> \u5728\u5728\u7ebf\u65c5\u6e38\u884c\u4e1a<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6295\u8d44\u4e8e\u63d0\u4f9b\u8054\u7f51\u65c5\u884c\u7684\u5148\u8fdb\u6280\u672f<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u65c5\u6e38\u5e02\u573a\u7684\u589e\u957f\u548c\u5728\u7ebf\u6e17\u900f\u5e26\u6765\u7684\u5c3e\u98ce<\/li>\n<\/ul>\n<p><b>\u5a01\u80c1<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">COVID-19\u5927\u6d41\u884c\u75c5\u5bf9\u5176\u4e1a\u52a1\u3001\u8d22\u52a1\u4e1a\u7ee9\u548c\u65c5\u884c\u9700\u6c42\u7684\u4e0d\u5229\u5f71\u54cd\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4e0e\u65c5\u6e38\u670d\u52a1\u4f9b\u5e94\u5546\u548c\u9910\u9986\u53ca\u5176\u4ed6\u6240\u4f9d\u8d56\u7684\u7b2c\u4e09\u65b9\u7684\u5173\u7cfb\u53d1\u751f\u4e0d\u5229\u53d8\u5316<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6211\u4eec\u6709\u80fd\u529b\u5e94\u5bf9\u5e76\u8ddf\u4e0a\u6280\u672f\u548c\u5e02\u573a\u53d8\u5316\u7684\u5feb\u901f\u6b65\u4f10\u3002\u50cf\u8c37\u6b4c\u3001\u82f9\u679c\u8fd9\u6837\u7684\u7ade\u4e89\u8005\u62e5\u6709\u66f4\u591a\u7684\u6d88\u8d39\u8005\uff0c\u5e76\u63d0\u4f9b\u53ef\u4ee5\u4fc3\u8fdb\u4f7f\u7528\u5176\u670d\u52a1\u7684\u8bbe\u5907\u3002<\/li>\n<\/ul>\n<p><b>\u603b\u7ed3<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0\u5728\u7ebf\u65c5\u6e38\u5e02\u573a\u5728\u672a\u6765\u6709\u826f\u597d\u7684\u589e\u957f\u6f5c\u529b\u3002Booking\u63a7\u80a1\u516c\u53f8\u6b63\u9762\u4e34\u7740\u4e00\u4e2a\u7ade\u4e89\u6fc0\u70c8\u7684\u5e02\u573a\u3002\u4e3a\u4e86\u4fdd\u6301\u4ed6\u4eec\u5728\u5e02\u573a\u4e0a\u7684\u9886\u5148\u5730\u4f4d\uff0c\u4ed6\u4eec\u53ef\u4ee5\u5f00\u53d1\u65b0\u7684\u6280\u672f\uff0c\u4ee5\u786e\u4fdd\u76ee\u524d\u7684\u5fe0\u5b9e\u6d88\u8d39\u8005\uff0c\u5e76\u5438\u5f15\u65b0\u7684\u6d88\u8d39\u8005\uff0c\u540c\u65f6\u5c06\u5546\u4e1a\u6a21\u5f0f\u6269\u5c55\u5230\u66f4\u591a\u7684\u65c5\u6e38\u76f8\u5173\u884c\u4e1a\u3002<\/li>\n<\/ul>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u517c\u5e76\u4e0e\u6536\u8d2d<\/b><\/h2>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u63d0\u4f9b\u4ef7\u683c\u6bd4\u8f83\uff08\u901a\u5e38\u79f0\u4e3a \"\u5143\u641c\u7d22\"\uff09\u670d\u52a1\uff0c\u4f7f\u6d88\u8d39\u8005\u80fd\u591f\u641c\u7d22\u548c\u6bd4\u8f83\u65c5\u6e38\u670d\u52a1\u63d0\u4f9b\u5546\u548c\u5728\u7ebf\u65c5\u884c\u793e\uff08\"OTA\"\uff09\u63d0\u4f9b\u7684\u65c5\u6e38\u670d\u52a1\u7684\u4ef7\u683c\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4e3a\u6d88\u8d39\u8005\u63d0\u4f9b\u9910\u5385\u9884\u8ba2\u670d\u52a1\uff0c\u4e3a\u9910\u5385\u63d0\u4f9b\u9884\u8ba2\u7ba1\u7406\u670d\u52a1\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u52a0\u5f3a\u5143\u641c\u7d22\u4e1a\u52a1\u7684\u5168\u7403\u5f71\u54cd\u529b\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4f4d\u4e8e\u6b27\u6d32\u7684\u822a\u73ed\u9884\u8ba2\u4f9b\u5e94\u5546\u3002\u4e3a\u4e86\u6269\u5927\u548c\u52a0\u5f3a\u822a\u73ed\u4ea7\u54c1<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4e3a\u4e86\u52a0\u5f3a\u6211\u4eec\u5bf9\u9152\u5e97\u5408\u4f5c\u4f19\u4f34\u7684\u4f01\u4e1a\u5bf9\u4f01\u4e1a\u7684\u5206\u9500\u80fd\u529b\uff0c\u5e76\u66f4\u6709\u6548\u5730\u652f\u6301\u6211\u4eec\u7684\u4f4f\u5bbf\u8054\u76df\u5408\u4f5c\u4f19\u4f34\uff09\u3002<\/li>\n<\/ol>\n<p><b>\u6d3b\u8dc3\u7684\u9152\u5e97\u3002<\/b><\/p>\n<p>2004 \u5e74 9 \u6708\uff0cBooking Holdings \u4ee5\u7ea6 $1.654 \u4ebf\u7f8e\u5143\u73b0\u91d1\uff08\u5305\u62ec\u4ea4\u6613\u76f8\u5173\u8d39\u7528\uff09\u6536\u8d2d\u4e86 Active Hotels Ltd.(\"Active Hotels\")\uff0c\u8fd9\u662f\u4e00\u5bb6\u603b\u90e8\u4f4d\u4e8e\u82f1\u56fd\u7684\u4e92\u8054\u7f51\u9152\u5e97\u9884\u8ba2\u5206\u9500\u5546\uff0c\u5305\u62ec\u4ea4\u6613\u76f8\u5173\u8d39\u7528\u5728\u5185\uff0c\u73b0\u91d1\u6536\u8d2d\u4ef7\u7ea6\u4e3a $.1654 \u4ebf\u7f8e\u5143\u3002Active Hotels \u4e0e\u82f1\u56fd\u548c\u6574\u4e2a\u6b27\u6d32\u7684 8,500 \u591a\u5bb6\u9152\u5e97\u5408\u4f5c\uff0c\u5176\u4e2d\u5305\u62ec\u56fd\u9645\u8fde\u9501\u9152\u5e97\u548c\u72ec\u7acb\u9152\u5e97\u3002\u5176\u5206\u9500\u7f51\u7edc\u5305\u62ec\u516c\u53f8\u62e5\u6709\u7684\u7f51\u7ad9\uff0c\u5982 activereservations.com\uff0c\u4ee5\u53ca\u5728\u6b27\u6d32\u5404\u5730\u8fd0\u8425\u7684\u8d85\u8fc7 1000 \u4e2a\u9644\u5c5e\u7b2c\u4e09\u65b9\u7f51\u7ad9\u3002<\/p>\n<p><b>\u9884\u8ba2\u3002<\/b><\/p>\n<p>\u6b64\u5916\uff0c2005 \u5e74 7 \u6708\uff0c\u6211\u4eec\u6536\u8d2d\u4e86\u603b\u90e8\u4f4d\u4e8e\u963f\u59c6\u65af\u7279\u4e39\u7684 Bookings B.V.\uff08\"Bookings\"\uff09\uff0c\u5b83\u662f\u6b27\u6d32\u9886\u5148\u7684\u4e92\u8054\u7f51\u9152\u5e97\u9884\u8ba2\u670d\u52a1\u516c\u53f8\u4e4b\u4e00\uff0c\u4e3b\u8981\u5728\u963f\u59c6\u65af\u7279\u4e39\u3001\u5df4\u585e\u7f57\u90a3\u3001\u67cf\u6797\u3001\u5362\u52d2\u3001\u5df4\u9ece\u3001\u7f57\u9a6c\u548c\u6bd4\u8428\u8bbe\u6709\u529e\u4e8b\u5904\u3002Priceline \u4ec5\u4ee5 $.135 \u4ebf\u7f8e\u5143\u7684\u73b0\u91d1\u6536\u8d2d\u4e86 Booking.com\u3002<\/p>\n<p><b>Agoda\u3002<\/b><\/p>\n<p>2007 \u5e74 11 \u6708\uff0c\u6211\u4eec\u6536\u8d2d\u4e86 Agoda Company, Ltd. \uff08\"Agoda\"\uff09\u548c AGIP LLC\uff08\"AGIP\"\uff0c\u4e0e Agoda \u5408\u79f0\u4e3a \"Agoda \u516c\u53f8\"\uff09\u3002(Agoda\"\uff09\u548c AGIP LLC\uff08\"AGIP\"\uff0c\u4e0e Agoda \u5408\u79f0 \"Agoda \u516c\u53f8\"\uff09\uff0c\u8fd9\u662f\u4e00\u5bb6\u5728\u65b0\u52a0\u5761\u548c\u6cf0\u56fd\u5f00\u5c55\u4e1a\u52a1\u7684\u4e92\u8054\u7f51\u9152\u5e97\u5206\u9500\u5546\u3002<\/p>\n<p><b>TravelJigsaw\u3002<\/b><\/p>\n<p>\u901a\u8fc7\u6211\u4eec\u57282010\u5e745\u6708\u6536\u8d2d\u7684TravelJigsaw\uff0c\u6211\u4eec\u5728\u5168\u740380\u4e2a\u56fd\u5bb6\u63d0\u4f9b\u96f6\u552e\u4ef7\u683c\u516c\u5f00\u7684\u79df\u8f66\u9884\u8ba2\u3002<\/p>\n<p><b>KAYAK:<\/b><\/p>\n<p>2013 \u5e74 5 \u6708\uff0c\u6211\u4eec\u6536\u8d2d\u4e86 KAYAK\uff0c\u8be5\u516c\u53f8\u63d0\u4f9b\u4ef7\u683c\u6bd4\u8f83\uff08\u901a\u5e38\u79f0\u4e3a \"\u5143\u641c\u7d22\"\uff09\u670d\u52a1\uff0c\u5141\u8bb8\u6d88\u8d39\u8005\u641c\u7d22\u548c\u6bd4\u8f83\u65c5\u6e38\u670d\u52a1\u63d0\u4f9b\u5546\u548c\u5728\u7ebf\u65c5\u884c\u793e\uff08\"OTA\"\uff09\u63d0\u4f9b\u7684\u65c5\u6e38\u670d\u52a1\u4ef7\u683c\u3002KAYAK \u76ee\u524d\u4e3b\u8981\u5728\u7f8e\u56fd\u8fd0\u8425\uff0c\u4f46\u6253\u7b97\u52a0\u5927\u6295\u8d44\u529b\u5ea6\uff0c\u62d3\u5c55\u56fd\u9645\u4e1a\u52a1\u3002\u6b64\u6b21\u4ea4\u6613\u5bf9 KAYAK \u7684\u4f30\u503c\u4e3a 18 \u4ebf\u53f0\u5e01\uff08\u6263\u9664\u6536\u8d2d\u73b0\u91d1\u540e\u4e3a 16.5 \u4ebf\u53f0\u5e01\uff09\uff0c\u6216\u6bcf\u80a1 KAYAK \u80a1\u7968 40 \u53f0\u5e01\uff08\u53d7\u5236\u4e8e\u4e0b\u6587\u6240\u8ff0\u7684\u9644\u52a0\u6761\u4ef6\uff09\uff0c\u5176\u4e2d\u96c6\u56e2\u4ee5\u73b0\u91d1\u652f\u4ed8\u7ea6 5 \u4ebf\u53f0\u5e01\uff0c\u4ee5\u80a1\u6743\u548c\u5047\u5b9a\u80a1\u7968\u671f\u6743\u652f\u4ed8 13 \u4ebf\u53f0\u5e01\u3002<\/p>\n<p><b>OpenTable\u3002<\/b><\/p>\n<p>2014\u5e747\u6708\uff0c\u6211\u4eec\u6536\u8d2d\u4e86OpenTable\uff0c\u8fd9\u662f\u4e00\u4e2a\u9884\u8ba2\u5728\u7ebf\u9910\u5385\u7684\u9886\u5148\u54c1\u724c\u3002OpenTable\u603b\u90e8\u4f4d\u4e8e\u52a0\u5dde\u65e7\u91d1\u5c71\uff0c\u4e3a\u6d88\u8d39\u8005\u63d0\u4f9b\u5728\u7ebf\u9910\u5385\u9884\u8ba2\u670d\u52a1\uff0c\u4e3a\u9910\u5385\u63d0\u4f9b\u9884\u8ba2\u7ba1\u7406\u670d\u52a1\u3002OpenTable\u4e3b\u8981\u5728\u7f8e\u56fd\u5f00\u5c55\u4e1a\u52a1\uff0c\u5c3d\u7ba1\u5b83\u6253\u7b97\u7ee7\u7eed\u6295\u8d44\u4ee5\u6269\u5927\u5176\u56fd\u9645\u4ea7\u54c1\u3002Priceline\u96c6\u56e2 <a href=\"http:\/\/eater.com\/archives\/2014\/06\/13\/priceline-to-acquire-opentable-for-26-billion-in-cash.php\">\u5ba3\u5e03\u6536\u8d2d<\/a> \u4ee5 16 \u4ebf\u7f8e\u5143\u7684\u4ef7\u683c\u6536\u8d2d\u4e86\u5728\u7ebf\u9910\u5385\u9884\u8ba2\u9886\u5bfc\u8005 OpenTable\u3002\u8fd9\u662f\u4e00\u7b14\u5929\u6587\u6570\u5b57\u3002\u5f53\u7136\uff0c\u8fd9\u5728\u79d1\u6280\u754c\u4e0d\u7b97\u4ec0\u4e48\uff0c\u5728 WhatsApp <a href=\"http:\/\/www.businessweek.com\/articles\/2014-02-19\/facebook-acquires-whatsapp-for-19-billion\">\u5230\u4e86Facebook<\/a> $19\u4ebf\u7f8e\u5143\uff0c\u4f46\u5b83\u4e0e\u8bf8\u5982\u4ee5\u4e0b\u7684\u6536\u8d2d\u6848\u76f8\u8fd1 <a href=\"http:\/\/www.forbes.com\/sites\/aarontilley\/2014\/01\/13\/google-acquires-nest-for-3-2-billion\/\">\u8c37\u6b4c\u4e0e Nest \u7684\u4ea4\u6613<\/a> ($32 \u4ebf\u7f8e\u5143) \u6216\u82f9\u679c\u516c\u53f8\u7684 <a href=\"http:\/\/www.macworld.com\/article\/2190342\/apple-officially-acquires-beats-for-3-billion.html\">\u4e0eBeats\u7684\u4ea4\u6613<\/a> ($3\u4ebf)\u3002<\/p>\n<p><b>PriceMatch\/ Rocketmiles\/ AS Digital\u3002<\/b><\/p>\n<p>2015\u5e74\uff0c\u6536\u8d2d\u5728\u6b27\u6d32\u548c\u7f8e\u56fd\u8bbe\u6709\u529e\u4e8b\u5904\u7684PriceMatch\uff0c\u662f\u5728Priceline\u96c6\u56e2\u6700\u8fd1\u63a8\u51fa\u5176 <a href=\"http:\/\/skift.com\/2015\/04\/29\/booking-com-wasnt-powerful-enough-its-now-getting-more-sway-with-hotels\/\">\u6d1b\u514b\u83f2\u52d2\u516c\u53f8\uff08BookingSuite\uff09\u90e8\u95e8<\/a> \u4ee5\u521b\u5efa\u7f51\u7ad9\u5e76\u4e3a\u9152\u5e97\u63d0\u4f9bBooking.com\u9884\u8ba2\u5f15\u64ce\u3002PriceMatch\u662f\u4e00\u4e2a\u57fa\u4e8e\u4e91\u7684\u89e3\u51b3\u65b9\u6848\uff0c\u65e8\u5728\u4e3a\u9152\u5e97\u63d0\u4f9b\u5206\u6790\u4ee5\u63d0\u9ad8\u4e1a\u7ee9\u3002<\/p>\n<p>\u636e\u300a\u534e\u5c14\u8857\u65e5\u62a5\u300b\u62a5\u9053\uff0cPriceline\u96c6\u56e2\u5c06\u4ee5\u5927\u7ea6$2\u5343\u4e07\u7684\u4ef7\u683c\u6536\u8d2dRocketmiles\u3002<\/p>\n<p>AS Digital\u662f\u4e00\u5bb6\u603b\u90e8\u8bbe\u5728\u6fb3\u5927\u5229\u4e9a\u7684\u9910\u9986\u9910\u684c\u548c\u9884\u8ba2\u7ba1\u7406\u5de5\u5177\u4f9b\u5e94\u5546\u3002\u8be5\u516c\u53f8 <a href=\"http:\/\/www.pricelinegroup.com\/\">Priceline\u96c6\u56e2<\/a> \u5df2\u7ecf\u5411\u9910\u5385\u9884\u8ba2\u9886\u57df\u8fc8\u51fa\u4e86\u53e6\u4e00\u6b65\uff0c\u8fbe\u6210\u4e86\u6536\u8d2d\u9910\u5385\u7684\u4ea4\u6613\u3002 <a href=\"http:\/\/www.asdigital.com\/\">AS\u6570\u7801<\/a>.\u8be5\u516c\u53f8\u5c06\u88ab\u5e76\u5165 <a href=\"http:\/\/www.opentable.com\/\">\u5f00\u653e\u5f0f\u9910\u684c<\/a> \u5728Priceline\u5185\u90e8\u7684\u90e8\u95e8\u3002<\/p>\n<p><b>\u5df4\u897f\u65c5\u6e38\/ Momondo\/ Cheapflights\u3002<\/b><\/p>\n<p><a href=\"https:\/\/www.tnooz.com\/article\/kayak-acquires-brazilian-travel-metasearch-site-mundi\/\">Kayak\u6536\u8d2d\u4e86\u5df4\u897f\u65c5\u6e38\u5143\u641c\u7d22\u7f51\u7ad9Mundi<\/a><\/p>\n<p>2017 \u5e74 7 \u6708\uff0c\u516c\u53f8\u4ee5 $556 \u4e07\u7f8e\u5143\u5b8c\u6210\u4e86\u5bf9 Momondo \u96c6\u56e2\u7684\u6536\u8d2d\uff0c\u8be5\u96c6\u56e2\u8fd0\u8425\u7740\u65c5\u6e38\u5143\u641c\u7d22\u7f51\u7ad9 Momondo \u548c Cheapflights\uff0c\u4f5c\u4e3a\u516c\u53f8 KAYAK \u4e1a\u52a1\u7684\u4e00\u90e8\u5206\u8fdb\u884c\u7ba1\u7406\u3002<\/p>\n<p><b>\u00a0\u7968\u4ef7Harbor\/\u9152\u5e97\u5408\u8ba1\u3002<\/b><\/p>\n<p>2018\u5e744\u6708\uff0c\u6211\u4eec\u652f\u4ed8\u4e86$1.39\u4ebf \uff0c\u6263\u9664\u6536\u8d2d\u7684\u73b0\u91d1\uff0c\u5e76\u53d1\u884c\u4e86\u91d1\u989d\u4e3a$1.1\u4ebf\u7684\u666e\u901a\u80a1\uff0c\u7528\u4e8e\u6536\u8d2dFareHarbor\uff0c\u4e00\u5bb6\u4f01\u4e1a\u5bf9\u4f01\u4e1a\u6d3b\u52a8\u5206\u9500\u670d\u52a1\u7684\u9886\u5148\u4f9b\u5e94\u5546\u30022018\u5e7411\u6708\uff0c\u6211\u4eec\u652f\u4ed8\u4e86$1.34\u4ebf \uff0c\u6263\u9664\u6536\u8d2d\u7684\u73b0\u91d1\uff0c\u4ee5\u5b8c\u6210\u5bf9\u9152\u5e97\u5143\u641c\u7d22\u516c\u53f8HotelsCombined\u7684\u6536\u8d2d\u3002<\/p>\n<p><b>\u6587\u52a0\u3002<\/b><\/p>\n<p>2019\u5e745\u67082\u65e5\u7535 \/\u7f8e\u901a\u793e\/ -- Booking Holdings Inc\uff1a <a href=\"https:\/\/www.prnewswire.com\/news-releases\/booking-holdings-agrees-to-acquire-venga-300842570.html#financial-modal\">BKNG<\/a>\u7f8e\u56fd\u52a0\u5229\u798f\u5c3c\u4e9a\u5dde\u5723\u514b\u62c9\u62c9\u5e02\uff09\u4eca\u5929\u5ba3\u5e03\uff0c\u8be5\u516c\u53f8\u5df2\u5c31\u6536\u8d2d\u9762\u5411\u9910\u9986\u548c\u5176\u4ed6\u4f01\u4e1a\u7684\u5ba2\u4eba\u7ba1\u7406\u5e73\u53f0 Venga \u8fbe\u6210\u534f\u8bae\u3002Venga \u516c\u53f8\u6210\u7acb\u4e8e 2010 \u5e74\uff0c\u603b\u90e8\u4f4d\u4e8e\u534e\u76db\u987f\u7279\u533a\uff0c\u5176 SaaS \u6280\u672f\u53ef\u5e2e\u52a9\u5ba2\u6237\u63d0\u5347\u548c\u4e2a\u6027\u5316\u5ba2\u6237\u4f53\u9a8c\u3002\u6536\u8d2d\u5b8c\u6210\u540e\uff0cVenga \u5c06\u4e0e Booking Holdings \u65d7\u4e0b\u54c1\u724c OpenTable \u7d27\u5bc6\u5408\u4f5c\uff0c\u8fdb\u4e00\u6b65\u6539\u5584\u4e3a\u5176 51,000 \u591a\u5bb6\u9910\u5385\u5408\u4f5c\u4f19\u4f34\u63d0\u4f9b\u7684\u670d\u52a1\u3002<\/p>\n<p><b>Getaroom\/ Etraveli\u3002<\/b><\/p>\n<p>2021\u5e7412\u6708\uff0c\u6211\u4eec\u5b8c\u6210\u4e86\u5bf9Getaroom\u7684\u6536\u8d2d\uff0cGetaroom\u662f\u4e00\u5bb6\u4f01\u4e1a\u5bf9\u4f01\u4e1a\u7684\u9152\u5e97\u5ba2\u623f\u5206\u9500\u5546\uff0c\u4e0e\u6211\u4eec\u7684Priceline\u4e1a\u52a1\u76f8\u7ed3\u5408\uff0c\u6211\u4eec\u5e0c\u671b\u4e3a\u9152\u5e97\u548c\u8054\u76df\u5408\u4f5c\u4f19\u4f34\u589e\u52a0\u4ef7\u503c\uff0c2021\u5e7411\u6708\uff0c\u6211\u4eec\u8fbe\u6210\u4e86\u4e00\u9879\u534f\u8bae\uff0c\u6536\u8d2d\u603b\u90e8\u8bbe\u5728\u6b27\u6d32\u7684\u822a\u73ed\u9884\u8ba2\u4f9b\u5e94\u5546Etraveli\u96c6\u56e2\u3002<\/p>\n<p>2021\u5e7411\u6708\uff0c\u6211\u4eec\u7b7e\u8ba2\u4e86\u4e00\u9879\u534f\u8bae\uff0c\u4ee5\u7ea616\u4ebf\u6b27\u5143\uff08$1.9\u4ebf\uff09\u6536\u8d2d\u5168\u7403\u822a\u73ed\u9884\u8ba2\u4f9b\u5e94\u5546Etraveli\u96c6\u56e2\u3002\u8fd9\u9879\u6536\u8d2d\u7684\u5b8c\u6210\u53d6\u51b3\u4e8e\u67d0\u4e9b\u7ed3\u675f\u6761\u4ef6\uff0c\u5305\u62ec\u76d1\u7ba1\u90e8\u95e8\u7684\u6279\u51c6\u30022021\u5e7412\u6708\uff0c\u6211\u4eec\u652f\u4ed8\u4e8612\u4ebf\u6b27\u5143\uff08\u6263\u9664\u6536\u8d2d\u7684\u73b0\u91d1\uff09\uff0c\u4ee5\u6536\u8d2dGetaroom\uff0c\u4e00\u5bb6\u4f01\u4e1a\u5bf9\u4f01\u4e1a\u7684\u9152\u5e97\u5ba2\u623f\u5206\u9500\u5546<\/p>\n<p>\u72ee\u5b50\u4f1a\u91d1\u878d\u516c\u53f8\u4e0e\u5ba2\u6237\u5408\u4f5c\uff0c\u4e3a\u5176\u63d0\u4f9b\u4f01\u4e1a\u98ce\u9669\u3001......\u98ce\u9669\u7ba1\u7406\u54a8\u8be2\u670d\u52a1\u3002\u98ce\u9669\u7ba1\u7406\u884c\u4e1a\u662f\u4f01\u4e1a\u9762\u4e34\u8bb8\u591a\u98ce\u9669\u7684\u9886\u57df\uff0c\u7ecf\u8425\u8fd9\u4e9b\u516c\u53f8\u7684\u4e2a\u4eba\u4e5f\u662f\u5982\u6b64\u3002\u4e3a\u6210\u529f\u5b9e\u73b0\u516c\u53f8\u76ee\u6807\uff0c\u98ce\u9669\u7ba1\u7406\u5e94\u6210\u4e3a\u89c4\u5212\u7684\u6838\u5fc3\u3002\u98ce\u9669\u662f\u6307\u4e8b\u4ef6\u6216\u6f5c\u5728\u540e\u679c\u7684\u4e0d\u786e\u5b9a\u6027\u3002\u98ce\u9669\u7ba1\u7406\u5c31\u662f\u8bc6\u522b\u3001\u8bc4\u4f30\u548c\u5236\u5b9a\u6218\u7565\u8ba1\u5212\uff0c\u4ee5\u51cf\u5c11\u4e0d\u786e\u5b9a\u6027\u3002\u901a\u8fc7\u98ce\u9669\u7ba1\u7406\u89c4\u5212\uff0c\u53ef\u4ee5\u5e2e\u52a9\u60a8\u66f4\u6709\u6548\u5730\u5206\u914d\u8d44\u4ea7\u3001\u6539\u8fdb\u51b3\u7b56\u5e76\u6700\u5927\u9650\u5ea6\u5730\u964d\u4f4e\u6f5c\u5728\u635f\u5931\u3002\u6211\u4eec\u4e3a\u98ce\u9669\u7ba1\u7406\u884c\u4e1a\u7684\u516c\u53f8\u63d0\u4f9b\u5c3d\u804c\u8c03\u67e5\u3001\u5b9a\u6027\u5206\u6790\u3001\u5b9a\u91cf\u5206\u6790\u3001\u80a1\u4ef7\u5206\u6790\u3001\u5e76\u8d2d\u548c\u5e02\u573a\u8c03\u7814\u7b49\u65b9\u9762\u7684\u652f\u6301\u3002\u5982\u9700\u8fdb\u4e00\u6b65\u4e86\u89e3\u6211\u4eec\u5982\u4f55\u4e3a\u60a8\u63d0\u4f9b\u5e2e\u52a9\uff0c\u8bf7\u8054\u7cfb\u6211\u4eec\u3002<\/p>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u516c\u53f8\u6982\u8ff0\u00a0<\/b><\/h2>\n<p>Booking.com\u4e8e1996\u5e74\u5728\u8377\u5170\u6069\u65af\u8d6b\u5fb7\u6210\u7acb\uff0c\u662f\u4e00\u5bb6\u63d0\u4f9b\u4f4f\u5bbf\u9884\u8ba2\u548c\u5176\u4ed6\u65c5\u6e38\u4ea7\u54c1\u7684\u8377\u5170\u5728\u7ebf\u65c5\u884c\u793e\uff0c\u662fBooking Holdings\uff08\u6bcd\u516c\u53f8\uff09\u7684\u5b50\u516c\u53f8\u3002\u5b83\u7684\u603b\u90e8\u8bbe\u5728\u963f\u59c6\u65af\u7279\u4e39\u3002\u8be5\u7f51\u7ad9\u6709\u8d85\u8fc72800\u4e07\u4e2a\u623f\u6e90\uff0c\u670943\u79cd\u8bed\u8a00\u7248\u672c\uff0c\u8fd9\u610f\u5473\u7740\u5b83\u63d0\u4f9b\u5168\u7403\u670d\u52a1\u3002\u73b0\u5728\uff0cBooking.com\u7684CEO\u662fGleen Fogel\u3002<\/p>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u5b9a\u6027\u5206\u6790<\/b><\/h2>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>\u521b\u59cb\u4eba<\/b><\/h3>\n<p><b>\u00a0<\/b><\/p>\n<p><a href=\"https:\/\/lions.financial\/zh\/contact\/\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone\" title=\"Booking.com \u521b\u59cb\u4eba\" src=\"https:\/\/lions.financial\/wp-content\/uploads\/2022\/12\/founders-of-Booking.com_-1.png\" alt=\"Founders of Booking.com\" width=\"900\" height=\"450\" \/><\/a><\/p>\n<p>Geert-Jan Bruinsma:<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">1994 \u5e74\u6bd5\u4e1a\u4e8e\u5c6f\u7279\u5927\u5b66\uff08\u7406\u5b66\u7855\u58eb\uff09\u3002\u5927\u5b66\u671f\u95f4\uff0c\u4ed6\u662f AIESEC \u7684\u6210\u5458\u3002(AIESEC\u662f\u4e00\u4e2a\u7531\u9752\u5e74\u7ba1\u7406\u7684\u975e\u653f\u5e9c\u975e\u8425\u5229\u6027\u56fd\u9645\u7ec4\u7ec7\uff0c\u4e3a\u5e74\u8f7b\u4eba\u63d0\u4f9b\u9886\u5bfc\u529b\u57f9\u517b\u3001\u8de8\u6587\u5316\u5b9e\u4e60\u548c\u5168\u7403\u5fd7\u613f\u8005\u4ea4\u6d41\u7ecf\u9a8c\uff09\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6bd5\u4e1a\u540e\uff0c\u4ed6\u4e8e1996\u5e74\u6210\u4e3aBookings.nl\uff08\u73b0\u5728\u53ebBooking.com\uff09\u7684\u521b\u59cb\u4eba\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2005 \u5e74\u5c06\u5176\u51fa\u552e\u7ed9 Priceline \u96c6\u56e2\uff08\u73b0\u540d Booking Holdings\uff09\u540e\uff0c\u4ed6\u4e8e 2011 \u5e74\u5728 Booking.com \u7684\u4e1a\u52a1\u53d1\u5c55\u516c\u5bd3\u5de5\u4f5c\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u7136\u540e\uff0c\u4ed6\u79bb\u5f00\u4e86\u5b83\uff0c\u5e76\u57282016\u5e74\u6210\u4e3a \"\u9017\u7559 \"\u7684\u8054\u5408\u521b\u59cb\u4eba\uff0c\u57282109\u5e74\u6210\u4e3a \"\u6ce2\u7279\u4e0e\u66f4\u591a \"\u7684\u521b\u59cb\u4eba\u3002<\/li>\n<\/ul>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>\u8463\u4e8b\u4f1a\u6210\u5458<\/b><\/h3>\n<h4 style=\"font-size: 20px; text-align: center;\">\u6765\u6e90\u4e8eBookings.com<\/h4>\n<p>\u5c0f\u7f57\u4f2f\u7279-J-\u7c73\u6d1b\u5fb7\uff08\u8463\u4e8b\u4f1a\u4e3b\u5e2d\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5c0f\u7f57\u4f2f\u7279-J-\u7c73\u6d1b\u5fb7\u81ea2017\u5e745\u6708\u8d77\u62c5\u4efb\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u81ea2020\u5e746\u6708\u8d77\u62c5\u4efb\u8463\u4e8b\u4f1a\u4e3b\u5e2d\uff0c\u5e76\u4e14\u662f\u85aa\u916c\u59d4\u5458\u4f1a\u7684\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Mylod\u5148\u751f\u662fAnnox\u8d44\u672c\u7ba1\u7406\u516c\u53f8\u7684\u7ba1\u7406\u5408\u4f19\u4eba\uff0c\u8fd9\u662f\u4e00\u5bb6\u4ed6\u57282013\u5e74\u521b\u7acb\u7684\u79c1\u4eba\u6295\u8d44\u516c\u53f8\u3002\u5728\u52a0\u5165\u4e4b\u524d\uff0cMylod\u5148\u751f\u662f\u4e00\u5bb6\u79c1\u52df\u80a1\u6743\u6295\u8d44\u516c\u53f8Stonington Partners\u7684\u8d1f\u8d23\u4eba\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Mylod \u5148\u751f\u76ee\u524d\u662f Redfin \u8463\u4e8b\u4f1a\u6210\u5458\u53ca\u5176\u5ba1\u8ba1\u59d4\u5458\u4f1a\u6210\u5458\uff0c\u4e5f\u662f Dropbox \u8463\u4e8b\u4f1a\u6210\u5458\u53ca\u5176\u5ba1\u8ba1\u548c\u85aa\u916c\u59d4\u5458\u4f1a\u6210\u5458\u3002\u4ed6\u662f Vroom \u516c\u53f8\u8463\u4e8b\u4f1a\u4e3b\u5e2d\uff0c\u5e76\u62c5\u4efb Vroom \u5ba1\u8ba1\u59d4\u5458\u4f1a\u548c\u85aa\u916c\u59d4\u5458\u4f1a\u6210\u5458\u30022015 \u5e74 10 \u6708\u81f3 2017 \u5e74 4 \u6708\u95f4\uff0cMylod \u5148\u751f\u62c5\u4efb Autobytel \u8463\u4e8b\u4f1a\u6210\u5458\uff0cAutobytel \u662f\u4e00\u5bb6\u4fc3\u8fdb\u6c7d\u8f66\u5728\u7ebf\u4e70\u5356\u7684\u516c\u53f8\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Mylod \u5148\u751f\u66fe\u62c5\u4efb EverBank \u8463\u4e8b\u4f1a\u6210\u5458\uff0cEverBank \u662f\u4e00\u5bb6\u7f8e\u56fd\u50a8\u84c4\u94f6\u884c\uff0c\u63d0\u4f9b\u5728\u7ebf\u548c\u79fb\u52a8\u94f6\u884c\u53ca\u91d1\u878d\u670d\u52a1\uff0c2012 \u5e74\u81f3 2017 \u5e74\u62c5\u4efb EverBank \u85aa\u916c\u59d4\u5458\u4f1a\u6210\u5458\u53ca\u63d0\u540d\u548c\u516c\u53f8\u6cbb\u7406\u59d4\u5458\u4f1a\u4e3b\u5e2d\u30022012 \u5e74\u81f3 2017 \u5e74\uff0cMylod \u5148\u751f\u62c5\u4efb\u764c\u75c7\u6cbb\u7597\u516c\u53f8 Novocure \u8463\u4e8b\u4f1a\u6210\u5458\u53ca\u5176\u5ba1\u8ba1\u59d4\u5458\u4f1a\u6210\u5458\uff0c2015 \u5e74\u81f3 2017 \u5e74\u62c5\u4efb\u5176\u63d0\u540d\u548c\u516c\u53f8\u6cbb\u7406\u59d4\u5458\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u5bc6\u6b47\u6839\u5927\u5b66\u83b7\u5f97\u82f1\u8bed\u5b66\u58eb\u5b66\u4f4d\uff0c\u5728\u829d\u52a0\u54e5\u5927\u5b66\u5546\u5b66\u9662\u83b7\u5f97\u5de5\u5546\u7ba1\u7406\u7855\u58eb\u5b66\u4f4d\u3002<\/li>\n<\/ul>\n<p>Gleen D. Fogel\uff08\u9996\u5e2d\u6267\u884c\u5b98\u517c\u8463\u4e8b\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u683c\u4f26-\u798f\u683c\u5c14\u81ea2017\u5e741\u6708\u8d77\u62c5\u4efb\u9996\u5e2d\u6267\u884c\u5b98\u517c\u603b\u88c1\uff0c\u81ea2019\u5e746\u6708\u8d77\u62c5\u4efbBooking.com\u7684\u9996\u5e2d\u6267\u884c\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u6b64\u4e4b\u524d\uff0c\u4ed6\u662f\u4e00\u5bb6\u5168\u7403\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u7684\u4ea4\u6613\u5458\uff0c\u5728\u6b64\u4e4b\u524d\u662f\u4e13\u95e8\u4ece\u4e8b\u822a\u7a7a\u8fd0\u8f93\u4e1a\u7684\u6295\u8d44\u94f6\u884c\u5bb6\u3002Fogel\u5148\u751f\u662f\u7ebd\u7ea6\u5dde\u5f8b\u5e08\u534f\u4f1a\u7684\u6210\u5458\uff08\u5df2\u9000\u4f11\uff09\u3002<\/li>\n<\/ul>\n<p>Timothy (Tim) M. Armstrong\uff08\u4e3b\u4efb\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u8482\u83ab\u897f-\u963f\u59c6\u65af\u7279\u6717\uff08Tim\uff09\u81ea2013\u5e741\u6708\u4ee5\u6765\u4e00\u76f4\u5728\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u662f\u85aa\u916c\u59d4\u5458\u4f1a\u7684\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u963f\u59c6\u65af\u7279\u6717\u5148\u751f\u662fdtx\u516c\u53f8\u7684\u521b\u59cb\u4eba\u517c\u9996\u5e2d\u6267\u884c\u5b98\uff0c\u8be5\u516c\u53f8\u662f\u4ed6\u4e8e2019\u5e74\u6210\u7acb\u7684\u4e00\u5bb6\u76f4\u63a5\u9762\u5411\u6d88\u8d39\u8005\u7684\u8d4b\u80fd\u516c\u53f8\u30022009 \u5e74\u81f3 2018 \u5e74\uff0c\u963f\u59c6\u65af\u7279\u6717\u5148\u751f\u62c5\u4efb\u7f8e\u56fd\u5728\u7ebf\u8463\u4e8b\u957f\u517c\u9996\u5e2d\u6267\u884c\u5b98\uff0c\u5e76\u5728 2015 \u5e74 Verizon \u6536\u8d2d\u7f8e\u56fd\u5728\u7ebf\u540e\u62c5\u4efb Oath\uff08Verizon \u65d7\u4e0b\u5a92\u4f53\u54c1\u724c\u7ec4\u5408\uff0c\u5305\u62ec\u96c5\u864e\u548c\u7f8e\u56fd\u5728\u7ebf\uff09\u9996\u5e2d\u6267\u884c\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2000 \u5e74\u81f3 2009 \u5e74\uff0c\u963f\u59c6\u65af\u7279\u6717\u5148\u751f\u62c5\u4efb\u8c37\u6b4c\u516c\u53f8\u7f8e\u6d32\u8fd0\u8425\u603b\u88c1\u517c\u9ad8\u7ea7\u526f\u603b\u88c1\u3002\u5728\u52a0\u5165\u8c37\u6b4c\u4e4b\u524d\uff0c\u963f\u59c6\u65af\u7279\u6717\u5148\u751f\u66fe\u62c5\u4efb Snowball.com \u7684\u9500\u552e\u548c\u6218\u7565\u5408\u4f5c\u4f19\u4f34\u526f\u603b\u88c1\uff0c\u4ee5\u53ca Starwave's \u548c\u8fea\u65af\u5c3c ABC\/ESPN Internet Ventures \u7684\u7efc\u5408\u9500\u552e\u548c\u8425\u9500\u603b\u76d1\u3002\u963f\u59c6\u65af\u7279\u6717\u5148\u751f\u662f\u822a\u7a7a\u516c\u53f8 Wheels Up 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\u5e74\u62c5\u4efb\u7f8e\u56fd\u7535\u8bdd\u7535\u62a5\u516c\u53f8\u4eba\u529b\u8d44\u6e90\u4e0e\u5458\u5de5\u6c9f\u901a\u90e8\u6267\u884c\u526f\u603b\u88c1\uff0c\u5e76\u4e8e 1999 \u5e74\u81f3 2004 \u5e74\u62c5\u4efb\u8be5\u516c\u53f8\u4eba\u529b\u8d44\u6e90\u90e8\u6267\u884c\u526f\u603b\u88c1\u3002Graddick-Weir \u535a\u58eb\u8d1f\u8d23\u8bbe\u8ba1\u3001\u89c4\u5212\u548c\u7ba1\u7406 AT&amp;T 47,000 \u540d\u5458\u5de5\u7684\u6240\u6709\u4eba\u529b\u8d44\u6e90\u804c\u80fd\uff0c\u5305\u62ec\u85aa\u916c\u3001\u798f\u5229\u3001\u62db\u8058\u548c\u57f9\u8bad\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5979\u4e8e 1981 \u5e74\u52a0\u5165\u7f8e\u56fd\u7535\u8bdd\u7535\u62a5\u516c\u53f8\u3002\u5979\u76ee\u524d\u62c5\u4efb Yum\uff01Brands \u63d0\u540d\u4e0e\u516c\u53f8\u6cbb\u7406\u59d4\u5458\u4f1a\u4e3b\u5e2d\uff0c\u4ee5\u53ca\u7ba1\u7406\u89c4\u5212\u4e0e\u53d1\u5c55\u59d4\u5458\u4f1a\u548c\u6267\u884c\/\u8d22\u52a1\u59d4\u5458\u4f1a\u6210\u5458\u3002<\/li>\n<\/ul>\n<p>\u9b4f\u5408\u66fc\uff08\u5bfc\u6f14\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u9b4f\u5408\u66fc\u81ea2019\u5e746\u6708\u8d77\u5728\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u662f\u63d0\u540d\u548c\u516c\u53f8\u6cbb\u7406\u59d4\u5458\u4f1a\u7684\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u970d\u666e\u66fc\u5973\u58eb\u662fArbor Ventures\u7684\u7ba1\u7406\u5408\u4f19\u4eba\uff0cArbor Ventures\u662f\u4e00\u5bb6\u4e13\u6ce8\u4e8e\u6295\u8d44\u5168\u7403\u91d1\u878d\u79d1\u6280\u516c\u53f8\u7684\u98ce\u9669\u6295\u8d44\u516c\u53f8\uff0c\u5979\u4e8e2014\u5e74\u5171\u540c\u521b\u7acb\u4e86Arbor Ventures\u3002\u4ece2010\u5e74\u52302014\u5e74\uff0c\u970d\u666e\u66fc\u5973\u58eb\u66fe\u62c5\u4efb\u82b1\u65d7\u98ce\u9669\u6295\u8d44\u516c\u53f8\u7684\u8463\u4e8b\u603b\u7ecf\u7406\u548c\u4e9a\u6d32\u533a\u8d1f\u8d23\u4eba\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u52a0\u5165\u82b1\u65d7\u98ce\u9669\u6295\u8d44\u516c\u53f8\u4e4b\u524d\uff0c\u970d\u666e\u66fc\u5973\u58eb\u66fe\u5728\u5176\u4ed6\u5404\u79cd\u94f6\u884c\u548c\u79c1\u52df\u57fa\u91d1\u62c5\u4efb\u8fc7\u804c\u52a1\uff0c\u5305\u62ec\u62c5\u4efb\u6770\u5bcc\u745e\u516c\u53f8\u7684\u9996\u5e2d\u4e2d\u56fd\u4ee3\u8868\u548c\u9ad8\u76db\u96c6\u56e2\u7684\u6280\u672f\u94f6\u884c\u5bb6\u3002<\/li>\n<\/ul>\n<p>\u67e5\u5c14\u65af-H-\u8bfa\u65af\u57fa\uff08\u5bfc\u6f14\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Charles H. Noski \u81ea 2015 \u5e74 3 \u6708\u8d77\u62c5\u4efb\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u81ea 2020 \u5e74 6 \u6708\u8d77\u62c5\u4efb\u9996\u5e2d\u72ec\u7acb\u8463\u4e8b\uff0c\u81ea 2020 \u5e74 6 \u6708\u8d77\u62c5\u4efb\u6211\u4eec\u7684\u5ba1\u8ba1\u59d4\u5458\u4f1a\u6210\u5458\uff0c\u81ea 2020 \u5e74 6 \u6708\u8d77\u62c5\u4efb\u6211\u4eec\u7684\u63d0\u540d\u548c\u516c\u53f8\u6cbb\u7406\u59d4\u5458\u4f1a\u4e3b\u5e2d\uff0c\u6b64\u524d\u66fe\u5728 2016 \u5e74 6 \u6708\u81f3 2020 \u5e74 6 \u6708\u671f\u95f4\u62c5\u4efb\u6211\u4eec\u7684\u5ba1\u8ba1\u59d4\u5458\u4f1a\u4e3b\u5e2d\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a02012 \u5e74\uff0c\u8bfa\u65af\u57fa\u5148\u751f\u4ece\u7f8e\u56fd\u94f6\u884c\u516c\u53f8\u526f\u8463\u4e8b\u957f\u7684\u804c\u4f4d\u4e0a\u9000\u4f11\uff0c\u6b64\u524d\u4ed6\u66fe\u62c5\u4efb\u8be5\u516c\u53f8\u7684\u6267\u884c\u526f\u603b\u88c1\u517c\u9996\u5e2d\u8d22\u52a1\u5b98\u3002\u5728\u6b64\u4e4b\u524d\uff0c\u8bfa\u65af\u57fa\u5148\u751f\u66fe\u62c5\u4efb\u8bfa\u65af\u7f57\u666e-\u683c\u9c81\u66fc\u516c\u53f8\u7684\u9996\u5e2d\u8d22\u52a1\u5b98\u3001\u516c\u53f8\u526f\u603b\u88c1\u548c\u8463\u4e8b\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u52a0\u5165\u8bfa\u65af\u7f57\u666e-\u683c\u9c81\u66fc\u516c\u53f8\u4e4b\u524d\uff0c\u4ed6\u662fAT&amp;T\u516c\u53f8\u7684\u8463\u4e8b\u4f1a\u526f\u4e3b\u5e2d\u548c\u9996\u5e2d\u8d22\u52a1\u5b98\u3002\u5728\u6b64\u4e4b\u524d\uff0cNoski\u5148\u751f\u9886\u5bfc\u4f11\u65af\u7535\u5b50\u516c\u53f8\u62c5\u4efb\u5404\u79cd\u9ad8\u7ea7\u884c\u653f\u804c\u52a1\uff0c\u5305\u62ec\u526f\u4e3b\u5e2d\u548c\u603b\u88c1\u53ca\u9996\u5e2d\u8fd0\u8425\u5b98\u3002\u8bfa\u65af\u57fa\u5148\u751f\u7684\u804c\u4e1a\u751f\u6daf\u59cb\u4e8e\u5fb7\u52e4\u4f1a\u8ba1\u5e08\u4e8b\u52a1\u6240\uff0c\u4ed6\u88ab\u4efb\u547d\u4e3a\u5408\u4f19\u4eba\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2019\u5e74\uff0c\u8bfa\u65af\u57fa\u5148\u751f\u5f53\u9009\u4e3a\u5bcc\u56fd\u94f6\u884c\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u76ee\u524d\u62c5\u4efb\u5bcc\u56fd\u94f6\u884c\u8463\u4e8b\u4f1a\u4e3b\u5e2d\uff0c\u4e3b\u6301\u5176\u5ba1\u8ba1\u59d4\u5458\u4f1a\uff0c\u5e76\u62c5\u4efb\u5176\u6cbb\u7406\u548c\u63d0\u540d\u59d4\u5458\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2020 \u5e74\uff0c\u8bfa\u65af\u57fa\u5148\u751f\u5f53\u9009\u60e0\u666e\u4f01\u4e1a\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u5e76\u62c5\u4efb\u5176\u8d22\u52a1\u548c\u6295\u8d44\u59d4\u5458\u4f1a\u6210\u5458\u30022003 \u5e74\u81f3 2019 \u5e74\uff0c\u8bfa\u65af\u57fa\u5148\u751f\u62c5\u4efb\u5fae\u8f6f\u516c\u53f8\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u5e76\u62c5\u4efb\u5fae\u8f6f\u5ba1\u8ba1\u59d4\u5458\u4f1a\u4e3b\u5e2d\u53ca\u5176\u6cbb\u7406\u548c\u63d0\u540d\u59d4\u5458\u4f1a\u6210\u5458\u3002\u8bfa\u65af\u57fa\u5148\u751f\u8fd8\u66fe\u4e8e 2016 \u5e74\u81f3 2019 \u5e74\u62c5\u4efb\u8d22\u52a1\u4f1a\u8ba1\u57fa\u91d1\u4f1a\u8463\u4e8b\u4f1a\u4e3b\u5e2d\uff0c\u5e76\u66fe\u62c5\u4efb\u5168\u7f8e\u516c\u53f8\u8463\u4e8b\u534f\u4f1a\u8463\u4e8b\u4f1a\u6210\u5458\u3002\u6b64\u5916\uff0c\u8bfa\u65af\u57fa\u5148\u751f\u8fd8\u66fe\u4e8e 2012 \u5e74\u81f3 2018 \u5e74\u62c5\u4efb\u96c5\u82b3\u4ea7\u54c1\u516c\u53f8\u8463\u4e8b\u4f1a\u6210\u5458\u3002<\/li>\n<\/ul>\n<p>\u5c3c\u53e4\u62c9\u65af-J-\u96f7\u5fb7\uff08\u5bfc\u6f14\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Nicholas J. Read\u81ea2018\u5e746\u6708\u4ee5\u6765\u4e00\u76f4\u5728\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u662f\u5ba1\u8ba1\u59d4\u5458\u4f1a\u7684\u6210\u5458\u3002Read\u5148\u751f\u81ea2018\u5e7410\u6708\u8d77\u62c5\u4efb\u6c83\u8fbe\u4e30\u96c6\u56e2\u6709\u9650\u516c\u53f8\u7684\u9996\u5e2d\u6267\u884c\u5b98\uff0c\u81ea2014\u5e74\u8d77\u62c5\u4efb\u5176\u8463\u4e8b\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u6210\u4e3a\u5176\u9996\u5e2d\u6267\u884c\u5b98\u4e4b\u524d\uff0cRead\u5148\u751f\u4e8e2014\u5e744\u6708\u81f32018\u5e747\u6708\u62c5\u4efb\u6c83\u8fbe\u4e30\u96c6\u56e2\u6709\u9650\u516c\u53f8\u7684\u96c6\u56e2\u9996\u5e2d\u8d22\u52a1\u5b98\u3002\u81ea2001\u5e74\u52a0\u5165\u6c83\u8fbe\u4e30\u4ee5\u6765\uff0cRead\u5148\u751f\u66fe\u62c5\u4efb\u8fc7\u5404\u79cd\u9ad8\u7ea7\u804c\u52a1\uff0c\u5305\u62ec\u82f1\u56fd\u8fd0\u8425\u516c\u53f8\u6c83\u8fbe\u4e30\u6709\u9650\u516c\u53f8\u7684\u9996\u5e2d\u8d22\u52a1\u5b98\u548c\u9996\u5e2d\u6267\u884c\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u62c5\u4efb\u96c6\u56e2\u9996\u5e2d\u8d22\u52a1\u5b98\u4e4b\u524d\uff0cRead \u5148\u751f\u66fe\u62c5\u4efb\u975e\u6d32\u3001\u4e2d\u4e1c\u548c\u4e9a\u592a\u5730\u533a\u9996\u5e2d\u6267\u884c\u5b98\u957f\u8fbe\u4e94\u5e74\u4e4b\u4e45\uff0c\u5e76\u66fe\u662f\u6c83\u8fbe\u4e30\u516c\u5f00\u4e0a\u5e02\u5b50\u516c\u53f8 Vodacom\u3001Safaricom \u548c\u6c83\u8fbe\u4e30\u5361\u5854\u5c14\u516c\u53f8\u4ee5\u53ca\u6c83\u8fbe\u4e30\u5728\u6fb3\u5927\u5229\u4e9a\u7684\u5408\u8d44\u4f01\u4e1a VHA \u548c\u5728\u5370\u5ea6\u7684 Indus Towers \u7684\u8463\u4e8b\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u52a0\u5165\u6c83\u8fbe\u4e30\u4e4b\u524d\uff0c\u4ed6\u66fe\u5728United Business Media Plc\u548cFederal Express Worldwide\u62c5\u4efb\u5168\u7403\u9ad8\u7ea7\u8d22\u52a1\u804c\u4f4d\u3002Read\u5148\u751f\u662f\u4e00\u540d\u7279\u8bb8\u7ba1\u7406\u4f1a\u8ba1\u5e08\u548c\u7279\u8bb8\u5168\u7403\u7ba1\u7406\u4f1a\u8ba1\u5e08\uff0c\u62e5\u6709\u4f1a\u8ba1\u548c\u91d1\u878d\u7684\u8363\u8a89\u5b66\u58eb\u5b66\u4f4d\u3002<\/li>\n<\/ul>\n<p>\u6258\u9a6c\u65af-E-\u7f57\u65af\u66fc\uff08\u8463\u4e8b\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6258\u9a6c\u65af-E-\u7f57\u65af\u66fc\u81ea2013\u5e741\u6708\u8d77\u5728\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u62c5\u4efb\u6211\u4eec\u7684\u5ba1\u8ba1\u59d4\u5458\u4f1a\u6210\u5458\u76f4\u81f32020\u5e746\u6708\uff0c\u5e76\u81ea2020\u5e746\u6708\u8d77\u62c5\u4efb\u6211\u4eec\u7684\u63d0\u540d\u548c\u516c\u53f8\u6cbb\u7406\u59d4\u5458\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u7f57\u65af\u66fc\u5148\u751f\u81ea2015\u5e743\u6708\u8d77\u62c5\u4efb\u7d22\u5c3c\u5f71\u89c6\u5a31\u4e50\u7535\u5f71\u96c6\u56e2\u4e3b\u5e2d\uff0c\u8d1f\u8d23\u76d1\u7763\u54e5\u4f26\u6bd4\u4e9a\u7535\u5f71\u516c\u53f8\u3001\u4e09\u661f\u7535\u5f71\u516c\u53f8\u3001Imageworks\u548c\u7d22\u5c3c\u52a8\u753b\u516c\u53f8\u4ee5\u53ca\u5176\u4ed6\u5b9e\u4f53\u3002\u4ece2013\u5e749\u6708\u52302015\u5e742\u6708\uff0c\u7f57\u65af\u66fc\u5148\u751f\u662f\u4e09\u661f\u5236\u7247\u516c\u53f8\u7684\u4e3b\u5e2d\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6b64\u524d\uff0c\u7f57\u65af\u66fc\u5148\u751f\u4e8e 2000 \u5e74\u81f3 2005 \u5e74\u62c5\u4efb\u65b0\u95fb\u96c6\u56e2\u65d7\u4e0b\u5a92\u4f53\u516c\u53f8\u798f\u514b\u65af\u5a31\u4e50\u96c6\u56e2\u516c\u53f8\u8463\u4e8b\u957f\uff0c2005 \u5e74\u81f3 2012 \u5e74\u62c5\u4efb\u8be5\u516c\u53f8\u8463\u4e8b\u957f\u517c\u9996\u5e2d\u6267\u884c\u5b98\u30022000 \u5e74 1 \u6708\u81f3 2000 \u5e74 8 \u6708\uff0c\u7f57\u65af\u66fc\u5148\u751f\u62c5\u4efb\u4e8c\u5341\u4e16\u7eaa\u798f\u514b\u65af\u7535\u5f71\u96c6\u56e2\u603b\u88c1\uff0c1995 \u5e74\u81f3 2000 \u5e74\u62c5\u4efb\u4e8c\u5341\u4e16\u7eaa\u798f\u514b\u65af\u5236\u7247\u516c\u53f8\u603b\u88c1\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">1994\u5e74\uff0c\u7f57\u65af\u66fc\u5148\u751f\u521b\u7acb\u4e86\u798f\u514b\u65af\u63a2\u7167\u706f\u7535\u5f71\u516c\u53f8\u5e76\u62c5\u4efb\u603b\u88c1\u3002\u5728\u6b64\u4e4b\u524d\uff0c\u4ed6\u4e8e1989\u5e74\u81f31994\u5e74\u62c5\u4efbSamuel Goldwyn\u516c\u53f8\u7684\u5168\u7403\u751f\u4ea7\u603b\u88c1\u30021982\u5e74\u81f31987\u5e74\uff0c\u7f57\u65af\u66fc\u5148\u751f\u8fd8\u66fe\u5728\u6cd5\u5170\u514b\u798f\u3001\u5e93\u5c3c\u7279\u3001\u514b\u83b1\u56e0\u548c\u585e\u5c14\u5179\u5f8b\u5e08\u4e8b\u52a1\u6240\u62c5\u4efb\u5f8b\u5e08\uff0c\u540e\u6210\u4e3a\u5408\u4f19\u4eba\u3002\u7f57\u65af\u66fc\u5148\u751f\u662f\u5723\u4e39\u65af\u7814\u7a76\u6240\u548c\u7f8e\u56fd\u7535\u5f71\u534f\u4f1a\u7684\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u4e24\u8005\u90fd\u662f\u8363\u8a89\u8463\u4e8b\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4ed6\u4e5f\u662f\u52a0\u5dde\u827a\u672f\u5b66\u9662\uff08CalArts\uff09\u3001\u5e03\u6717\u5927\u5b66\uff08\u8363\u8a89\uff09\u7684\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u5e76\u88ab\u5965\u5df4\u9a6c\u603b\u7edf\u4efb\u547d\u4e3a\u56fd\u5bb6\u827a\u672f\u59d4\u5458\u4f1a\u7684\u6210\u5458\uff0c\u8be5\u59d4\u5458\u4f1a\u662f\u56fd\u5bb6\u827a\u672f\u57fa\u91d1\u4f1a\u7684\u7ba1\u7406\u673a\u6784\uff0c\u5e76\u5f97\u5230\u7f8e\u56fd\u53c2\u8bae\u9662\u7684\u786e\u8ba4\u3002<\/li>\n<\/ul>\n<p>\u82cf\u7c73\u7279-\u8f9b\u683c\uff08\u5bfc\u6f14\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Sumit Singh \u81ea 2022 \u5e74 6 \u6708\u8d77\u62c5\u4efb\u516c\u53f8\u8463\u4e8b\u4f1a\u6210\u5458\u3002Singh \u5148\u751f\u81ea 2018 \u5e74 3 \u6708\u8d77\u62c5\u4efb Chewy \u9996\u5e2d\u6267\u884c\u5b98\u4e00\u804c\uff0c\u540c\u65f6\u4e5f\u662f\u516c\u53f8\u8463\u4e8b\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2019 \u5e74\uff0c\u4ed6\u5e26\u9886\u516c\u53f8\u5b8c\u6210\u4e86\u9996\u6b21\u516c\u5f00\u52df\u80a1\u3002Singh \u5148\u751f\u968f\u540e\u5165\u9009\u4e86\u300a\u5f6d\u535a\u5546\u4e1a\u5468\u520a\u300b\u8bc4\u9009\u7684 2020 \u5e74 \"\u5f6d\u535a 50 \u4eba \"\u699c\u5355\uff0c\u8be5\u699c\u5355\u662f\u5f6d\u535a\u5546\u4e1a\u5468\u520a\u8bc4\u9009\u7684\u5728\u8fc7\u53bb\u4e00\u5e74\u4e2d\u6539\u53d8\u4e86\u5168\u7403\u5546\u4e1a\u683c\u5c40\u7684\u521b\u65b0\u8005\u3001\u4f01\u4e1a\u5bb6\u548c\u9886\u5bfc\u8005\u7684\u5e74\u5ea6\u699c\u5355\uff0c\u4ed6\u8fd8\u5165\u9009\u4e86 NRF \u57fa\u91d1\u4f1a\u8bc4\u9009\u7684 \"2022 \u5e74\u5f71\u54cd\u96f6\u552e\u4e1a\u672a\u6765\u7684\u4eba\u7269\u699c\u5355 \"\u7b49\u5176\u4ed6\u8457\u540d\u699c\u5355\u3002\u5728\u52a0\u5165 Chewy \u4e4b\u524d\uff0cSingh \u5148\u751f\u66fe\u5728\u4e9a\u9a6c\u900a\u62c5\u4efb\u9ad8\u7ea7\u9886\u5bfc\u804c\u52a1\uff1b\u5728\u52a0\u5165\u4e9a\u9a6c\u900a\u4e4b\u524d\uff0cSingh \u5148\u751f\u66fe\u5728\u6234\u5c14\u79d1\u6280\u516c\u53f8\uff08Dell Technologies Inc.\u4ed6\u5728\u7535\u5b50\u5546\u52a1\u3001\u6280\u672f\u3001\u96f6\u552e\u548c\u7269\u6d41\u9886\u57df\u62e5\u6709 20 \u591a\u5e74\u7684\u5168\u7403\u9886\u5bfc\u7ecf\u9a8c\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4ed6\u62e5\u6709\u65c1\u906e\u666e\u6280\u672f\u5927\u5b66\u6280\u672f\u5b66\u58eb\u5b66\u4f4d\u3001\u5fb7\u514b\u8428\u65af\u5927\u5b66\u5965\u65af\u6c40\u5206\u6821\u5de5\u7a0b\u7855\u58eb\u5b66\u4f4d\u4ee5\u53ca\u829d\u52a0\u54e5\u5927\u5b66\u5e03\u65af\u5546\u5b66\u9662\u5de5\u5546\u7ba1\u7406\u7855\u58eb\u5b66\u4f4d\u3002<\/li>\n<\/ul>\n<p>Lynn M. Vojvodich\uff08\u4e3b\u4efb\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Lynn M. Vojvodich\u81ea2016\u5e741\u6708\u4ee5\u6765\u4e00\u76f4\u5728\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u662f\u63d0\u540d\u548c\u516c\u53f8\u6cbb\u7406\u59d4\u5458\u4f1a\u4ee5\u53ca\u85aa\u916c\u59d4\u5458\u4f1a\u7684\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Vojvodich\u5973\u58eb\u662f\u521d\u521b\u548c\u6210\u957f\u9636\u6bb5\u7684\u6280\u672f\u516c\u53f8\u7684\u987e\u95ee\u30022013\u5e74\u81f32017\u5e742\u6708\uff0c\u5979\u66fe\u62c5\u4efbSalesforce\u7684\u6267\u884c\u526f\u603b\u88c1\u517c\u9996\u5e2d\u8425\u9500\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0\u5728\u52a0\u5165 Salesforce \u4e4b\u524d\uff0cVojvodich \u5973\u58eb\u662f\u9886\u5148\u7684\u98ce\u9669\u6295\u8d44\u516c\u53f8 Andreessen Horowitz \u7684\u5408\u4f19\u4eba\uff0c\u5e2e\u52a9\u516c\u53f8\u5236\u5b9a\u4e0a\u5e02\u6218\u7565\u3002\u5728\u6b64\u4e4b\u524d\uff0c\u5979\u662f Terracotta \u516c\u53f8\u7684\u9996\u5e2d\u8425\u9500\u5b98\uff0c\u8be5\u516c\u53f8\u662f\u5185\u5b58\u548c\u4e91\u6280\u672f\u9886\u57df\u7684\u9886\u5148\u4f01\u4e1a\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Vojvodich\u5973\u58eb\u8fd8\u66fe\u5728\u8d1d\u6069\u516c\u53f8\u548c\u5fae\u8f6f\u7b49\u673a\u6784\u62c5\u4efb\u8fc7\u5404\u79cd\u804c\u52a1\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0Vojvodich \u5973\u58eb\u81ea 2019 \u5e74 4 \u6708\u8d77\u62c5\u4efb\u6234\u5c14\u79d1\u6280\u516c\u53f8\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u81ea 2017 \u5e74 4 \u6708\u8d77\u62c5\u4efb\u798f\u7279\u6c7d\u8f66\u516c\u53f8\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u81ea 2019 \u5e74 12 \u6708\u8d77\u62c5\u4efb\u4e91\u8bbe\u8ba1\u8f6f\u4ef6\u516c\u53f8 Figma \u8463\u4e8b\u4f1a\u6210\u5458\u3002Vojvodich \u5973\u58eb\u7684\u804c\u4e1a\u751f\u6daf\u59cb\u4e8e\u4e00\u540d\u5934\u6234\u786c\u793c\u5e3d\u7684\u673a\u68b0\u5de5\u7a0b\u5e08\uff0c\u4ece\u4e8b\u6e7e\u6d41\u55b7\u6c14\u673a\u548c\u6d77\u4e0a\u77f3\u6cb9\u7ed3\u6784\u7684\u8bbe\u8ba1\u548c\u5efa\u9020\u5de5\u4f5c\u3002<\/li>\n<\/ul>\n<p>Venessa A. Wittmam\uff08\u4e3b\u4efb\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Vanessa A. Wittman\u81ea2019\u5e746\u6708\u4ee5\u6765\u4e00\u76f4\u5728\u6211\u4eec\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u662f\u6211\u4eec\u7684\u5ba1\u8ba1\u59d4\u5458\u4f1a\u4e3b\u5e2d\u3002\u5a01\u7279\u66fc\u5973\u58eb\u81ea2019\u5e744\u6708\u8d77\u62c5\u4efb\u5728\u7ebf\u7f8e\u5bb9\u4ea7\u54c1\u516c\u53f8Glossier\u7684\u9996\u5e2d\u8d22\u52a1\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5979\u66fe\u57282018\u5e74\u671f\u95f4\u62c5\u4efbVerizon\u65d7\u4e0b\u5b50\u516c\u53f8Oath\u7684\u9996\u5e2d\u8d22\u52a1\u5b98\u3002\u5a01\u7279\u66fc\u5973\u58eb\u4e8e2015\u5e74\u81f32016\u5e74\u62c5\u4efbDropbox\u7684\u9996\u5e2d\u8d22\u52a1\u5b98\uff0c\u5e76\u4e8e2012\u5e74\u81f32014\u5e74\u62c5\u4efb\u8c37\u6b4c\u5b50\u516c\u53f8\u6469\u6258\u7f57\u62c9\u79fb\u52a8\u7684\u9996\u5e2d\u8d22\u52a1\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2008\u5e74\u81f32012\u5e74\uff0c\u5a01\u7279\u66fc\u5973\u58eb\u62c5\u4efb\u5168\u7403\u4e13\u4e1a\u670d\u52a1\u516c\u53f8Marsh &amp; McLennan Companies\u7684\u6267\u884c\u526f\u603b\u88c1\u517c\u9996\u5e2d\u8d22\u52a1\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u52a0\u5165Marsh &amp; McLennan\u4e4b\u524d\uff0cWittman\u5973\u58eb\u5728\u5979\u7684\u804c\u4e1a\u751f\u6daf\u4e2d\u8fd8\u62c5\u4efb\u8fc7\u5176\u4ed6\u4e00\u4e9b\u9ad8\u7ea7\u8d22\u52a1\u804c\u52a1\u3002\u5a01\u7279\u66fc\u5973\u58eb\u76ee\u524d\u5728\u53ef\u6301\u7eed\u98df\u54c1\u516c\u53f8Impossible Foods Inc.\u7684\u8463\u4e8b\u4f1a\u4efb\u804c\uff0c\u5e76\u62c5\u4efb\u5ba1\u8ba1\u59d4\u5458\u4f1a\u4e3b\u5e2d\uff0c\u540c\u65f6\u4e5f\u662fOscar Health\u516c\u53f8\u7684\u8463\u4e8b\u4f1a\u6210\u5458\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2014\u5e74\u81f32019\u5e74\uff0c\u5a01\u7279\u66fc\u5973\u58eb\u662f\u5316\u5986\u54c1\u548c\u7f8e\u5bb9\u7528\u54c1\u96f6\u552e\u5546Ulta Beauty\u7684\u8463\u4e8b\u4f1a\u6210\u5458\uff0c\u5e76\u62c5\u4efb\u5176\u5ba1\u8ba1\u59d4\u5458\u4f1a\u6210\u5458\u30022011\u5e74\u81f32018\u5e74\uff0c\u5979\u8fd8\u62c5\u4efb\u4e86Sirius XM\u63a7\u80a1\u516c\u53f8\u7684\u8463\u4e8b\u4f1a\u6210\u5458\u3002<\/li>\n<\/ul>\n<h4>\u6765\u6e90\u4e8eBookings.com<\/h4>\n<p>\u4ece2022\u5e74\u7684\u4ee3\u7406\u58f0\u660e\u6765\u770b\uff0c\u5148\u950b\u96c6\u56e2\u548c\u8d1d\u83b1\u5fb7\u516c\u53f8\u5728Booking Holdings\u4e2d\u626e\u6f14\u7740\u91cd\u8981\u89d2\u8272\u3002\u4ed6\u4eec\u5206\u522b\u6301\u67097.7%\u548c6.4%\u7684\u80a1\u4efd\u3002<\/p>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u6267\u884c\u56e2\u961f<\/b><\/h2>\n<h4>\u6765\u6e90\u4e8eBookings.com<\/h4>\n<p>Peter J. Milliones, Jr.\uff08\u6267\u884c\u526f\u603b\u88c1\u517c\u603b\u987e\u95ee\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Peter J. Millones Jr<i>.<\/i> \u81ea2001\u5e741\u6708\u8d77\u62c5\u4efb\u603b\u6cd5\u5f8b\u987e\u95ee\uff0c\u81ea2003\u5e744\u6708\u8d77\u62c5\u4efb\u6267\u884c\u526f\u603b\u88c1\u3002\u4ed6\u66fe\u4e8e2000\u5e743\u6708\u81f32001\u5e741\u6708\u62c5\u4efb\u526f\u603b\u88c1\u517c\u526f\u603b\u6cd5\u5f8b\u987e\u95ee\uff0c2001\u5e741\u6708\u81f32018\u5e744\u6708\u62c5\u4efb\u6211\u4eec\u7684\u516c\u53f8\u79d8\u4e66\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u6b64\u4e4b\u524d\uff0cMillones\u5148\u751f\u66fe\u5728Latham &amp; Watkins LLP\u5f8b\u5e08\u4e8b\u52a1\u6240\u5de5\u4f5c\u3002\u4f5c\u4e3a\u5176\u804c\u8d23\u7684\u4e00\u90e8\u5206\uff0c\u7c73\u6d1b\u5185\u65af\u5148\u751f\u8d1f\u8d23\u76d1\u7763\u6211\u4eec\u7684\u9ad8\u7ba1\u85aa\u916c\u8ba1\u5212\u3002<\/li>\n<\/ul>\n<p>David I. Goulden\uff08\u6267\u884c\u526f\u603b\u88c1\u517c\u9996\u5e2d\u8d22\u52a1\u5b98\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">David I. Goulden\u57282018\u5e742\u6708\u79bb\u5f00\u6234\u5c14\u79d1\u6280\u516c\u53f8\u540e\u4e8e2018\u5e743\u67081\u65e5\u52a0\u5165\u6211\u4eec\uff0c\u662f\u6211\u4eec\u7684\u6267\u884c\u526f\u603b\u88c1\u517c\u9996\u5e2d\u8d22\u52a1\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0\u5728\u52a0\u5165 Booking Holdings \u4e4b\u524d\uff0cGoulden \u5148\u751f\u66fe\u5148\u540e\u5728 EMC \u516c\u53f8\u548c\u6234\u5c14\u79d1\u6280\u516c\u53f8\uff08EMC \u88ab\u6234\u5c14\u6536\u8d2d\u540e\uff09\u62c5\u4efb\u591a\u4e2a\u9ad8\u7ea7\u7ba1\u7406\u804c\u4f4d\uff0c\u5305\u62ec\u6234\u5c14\u57fa\u7840\u8bbe\u65bd\u89e3\u51b3\u65b9\u6848\u96c6\u56e2\u603b\u88c1\uff082016 \u5e74\u5f00\u59cb\uff09\u3001EMC \u4fe1\u606f\u57fa\u7840\u8bbe\u65bd\u9996\u5e2d\u6267\u884c\u5b98\uff082014-2016 \u5e74\uff09\u3001EMC \u603b\u88c1\u517c\u9996\u5e2d\u8fd0\u8425\u5b98\uff082012-2014 \u5e74\uff09\u548c EMC \u9996\u5e2d\u8d22\u52a1\u5b98\uff082006-2014 \u5e74\uff09\u3002<\/li>\n<\/ul>\n<p>\u4fdd\u7f57-\u76ae\u8428\u8bfa\uff08\u9996\u5e2d\u4eba\u529b\u8d44\u6e90\u5b98\uff09\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4fdd\u7f57-\u76ae\u8428\u8bfa\u62c5\u4efbBooking Holdings Inc.\u7684\u9996\u5e2d\u4eba\u529b\u8d44\u6e90\u5b98\uff0c\u5e76\u62c5\u4efbBooking.com\u7684\u9ad8\u7ea7\u526f\u603b\u88c1\u517c\u9996\u5e2d\u4eba\u4e8b\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u57282020\u5e74\u521d\u52a0\u5165Booking.com\u4e4b\u524d\uff0c\u4fdd\u7f57\u662f\u5168\u7403\u7efc\u5408\u80fd\u6e90\u516c\u53f8Galp\u7684\u9996\u5e2d\u4eba\u4e8b\u5b98\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u6b64\u4e4b\u524d\uff0c\u4ed6\u66fe\u62c5\u4efb\u57f9\u751f\u516c\u53f8\u7684\u9ad8\u7ea7\u526f\u603b\u88c1\u548c\u9996\u5e2d\u4eba\u624d\u5b98\uff0c\u6b64\u524d\u4ed6\u66fe\u5728\u5df4\u514b\u83b1\u94f6\u884c\u62c5\u4efb\u7ec4\u7ec7\u6548\u7387\u4e3b\u7ba1\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0\u4fdd\u7f57\u62e5\u6709\u6b27\u6d32\u5de5\u5546\u7ba1\u7406\u5b66\u9662\uff08INSEAD\uff09\u7684MBA\u5b66\u4f4d\uff0c\u5e76\u901a\u8fc7\u300a\u91d1\u878d\u65f6\u62a5\u300b\u83b7\u5f97\u4e86NED\u6587\u51ed\u3002<\/li>\n<\/ul>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u4ea7\u54c1\u5b9a\u4f4d<\/b><\/h2>\n<p>Booking Holding Inc.\u662f\u4e00\u5bb6\u5728\u7ebf\u65c5\u884c\u793e\uff08OTA\uff09\u3002\u62e5\u6709\u591a\u4e2a\u54c1\u724c\u3002\u5b83\u901a\u8fc7\u516d\u4e2a\u4e3b\u8981\u9762\u5411\u6d88\u8d39\u8005\u7684\u54c1\u724c\u63d0\u4f9b\u8fd9\u4e9b\u670d\u52a1\u3002Booking.com, Priceline, agoda, Rentalcars.com, KAYAK, \u548cOpenTable\u3002\u540c\u65f6\u4ed6\u4eec\u7ee7\u7eed\u589e\u52a0\u5404\u54c1\u724c\u4e4b\u95f4\u7684\u534f\u4f5c\u3001\u5408\u4f5c\u548c\u76f8\u4e92\u4f9d\u8d56\uff0c\u4e3a\u6d88\u8d39\u8005\u63d0\u4f9b\u6700\u5168\u9762\u7684\u670d\u52a1\uff0c\u5e76\u4f7f\u5176\u89c4\u6a21\u6548\u76ca\u6700\u5927\u5316\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Booking.com\u3002 <\/b>\u662f\u4e00\u4e2a\u63d0\u4f9b\u4e00\u7ad9\u5f0f\u670d\u52a1\u548c\u9884\u8ba2\u7684\u54c1\u724c\u3002\u63d0\u4f9b\u9152\u5e97\u3001\u6c7d\u8f66\u65c5\u9986\u3001\u5ea6\u5047\u6751\u3001\u4f4f\u5b85\u3001\u516c\u5bd3\u548c\u5176\u4ed6\u72ec\u7279\u4f4f\u5bbf\u573a\u6240\u7684\u4f4f\u5bbf\u9884\u8ba2\u670d\u52a1\uff0c\u4ee5\u53ca\u51fa\u79df\u8f66\u548c\u9ed1\u8f66\u9884\u8ba2\u670d\u52a1\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Rentalcars.com\u3002<\/b> Rentalcars.com\u4f5c\u4e3aBooking.com\u7684\u4e00\u90e8\u5206\u8fd0\u8425\uff0c\u63d0\u4f9b\u5728\u7ebf\u79df\u8f66\u9884\u8ba2\u670d\u52a1\u3002\u4ed6\u4eec\u8fd8\u63d0\u4f9b\u9884\u5148\u9884\u8ba2\u7684\u51fa\u79df\u8f66\u548c\u9ed1\u8f66\u670d\u52a1\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Priceline\u3002 <\/b>Priceline\u662f\u6298\u6263\u65c5\u6e38\u9884\u8ba2\u4e1a\u52a1\u7684\u9886\u5bfc\u8005\uff0c\u63d0\u4f9b\u5728\u7ebf\u65c5\u6e38\u9884\u8ba2\u670d\u52a1\uff0c\u4e3b\u8981\u96c6\u4e2d\u5728\u5317\u7f8e\u5730\u533a\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Agoda\u3002 <\/b>Agoda\u662f\u4e00\u5bb6\u9886\u5148\u7684\u5728\u7ebf\u4f4f\u5bbf\u9884\u8ba2\u670d\u52a1\uff0c\u4e3b\u8981\u8fce\u5408\u4e9a\u592a\u5730\u533a\u7684\u6d88\u8d39\u8005\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>KAYAK. <\/b>KAYAK\u63d0\u4f9b\u4e86\u4e00\u4e2a\u5728\u7ebf\u4ef7\u683c\u6bd4\u8f83\u670d\u52a1\uff0c\u53ef\u4ee5\u8f7b\u677e\u5730\u641c\u7d22\u548c\u6bd4\u8f83\u65c5\u6e38\u884c\u7a0b\u548c\u4ef7\u683c\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>OpenTable\u3002 <\/b>OpenTable\u662f\u4e00\u4e2a\u9884\u8ba2\u5728\u7ebf\u9910\u5385\u7684\u9886\u5148\u54c1\u724c\u3002<\/li>\n<\/ul>\n<p>\u5176\u4f18\u70b9\u662f\u7b80\u5316\u4e86\u65c5\u6e38\u9884\u8ba2\u8fc7\u7a0b\uff0c\u53d1\u660e\u4e86\u65c5\u6e38\u5957\u9910\uff0c\u8fdb\u4e00\u6b65\u4f18\u5316\u4e86\u65c5\u6e38\u9884\u8ba2\u7684\u641c\u7d22\u8fc7\u7a0b\u3002<\/p>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>\u5168\u7403\u8303\u56f4\u5185\u7684\u7ade\u4e89\u5206\u6790<\/b><\/h3>\n<p>\u6839\u636e\u6700\u8fd1 3 \u5e74\u7684\u5e74\u62a5\u62ab\u9732\uff0c\u8c37\u6b4c\u3001\u82f9\u679c\u3001\u963f\u91cc\u5df4\u5df4\u3001\u817e\u8baf\u3001\u4e9a\u9a6c\u900a\u548c Facebook \u662f\u5f53\u524d\u7684\u4e3b\u8981\u7ade\u4e89\u5bf9\u624b\uff0c\u5b83\u4eec\u5728\u5ba2\u6237\u6216\u7528\u6237\u3001\u6d88\u8d39\u8005\u6570\u636e\u3001\u8d22\u52a1\u548c\u5176\u4ed6\u8d44\u6e90\u65b9\u9762\u90fd\u6bd4 Booking \u591a\u5f97\u591a\u3002<\/p>\n<p>\u8c37\u6b4c\u5df2\u5c06\u4fe1\u606f\u548c\u9884\u8ba2\u4ea7\u54c1\u6574\u5408\u5230\u8c37\u6b4c\u5730\u56fe\u4e2d\uff0c\u540c\u65f6\u8c37\u6b4c\u4e5f\u662f\u9886\u5148\u7684\u4e92\u8054\u7f51\u641c\u7d22\u670d\u52a1\u63d0\u4f9b\u5546\uff0c\u5e76\u5229\u7528\u5176\u641c\u7d22\u77e5\u540d\u5ea6\u63a8\u5e7f\u5176\u65c5\u6e38\u670d\u52a1\uff0c\u964d\u4f4e \"\u5ba2\u6237\u83b7\u53d6\u6210\u672c\"\u3002<\/p>\n<p>\u5728\u4eba\u5458\u65b9\u9762\uff0cbooking \u5728\u6b27\u6d32\u3001\u7f8e\u56fd\u548c\u4e9a\u6d32\u5e02\u573a\u53d6\u5f97\u7684\u6210\u529f\uff0c\u5bfc\u81f4\u7ade\u4e89\u5bf9\u624b\u548c\u5176\u4ed6\u516c\u53f8\u52a0\u5927\u4e86\u96c7\u7528 booking \u5458\u5de5\u7684\u529b\u5ea6\uff0c\u4ece\u800c\u52a0\u5267\u4e86 booking \u7684\u4eba\u624d\u7ade\u4e89\uff0c\u4f7f\u4ed6\u4eec\u4e0d\u5f97\u4e0d\u589e\u52a0\u4eba\u624d\u4eba\u4e8b\u8d39\u7528\uff0c\u4ee5\u5438\u5f15\u548c\u7559\u4f4f\u5173\u952e\u4eba\u624d\u3002\u6b64\u5916\uff0c\u67d0\u4e9b\u516c\u53f8\u8d8a\u6765\u8d8a\u613f\u610f\u63d0\u4f9b\u7075\u6d3b\u548c\u8fdc\u7a0b\u5de5\u4f5c\u653f\u7b56\uff0c\u8fd9\u4e5f\u52a0\u5267\u4e86\u4eba\u624d\u7ade\u4e89\uff0c\u4ece\u800c\u6269\u5927\u4e86\u6211\u4eec\u7684\u7ade\u4e89\u5bf9\u624b\u53ef\u80fd\u5438\u5f15\u4eba\u624d\u7684\u5019\u9009\u4eba\u5e93\u3002<\/p>\n<p>\u5728\u5e02\u573a\u4efd\u989d\u65b9\u9762\uff0c\u6b27\u6d32\u548c\u4e9a\u592a\u5e02\u573a\u4e0e\u7f8e\u56fd\u5e02\u573a\u4e4b\u95f4\u5b58\u5728\u7740\u91cd\u5927\u5dee\u5f02\u3002\u5728\u7f8e\u56fd\uff0c\u9884\u8ba2\u6709\u4e00\u4e2a\u66f4\u5927\u7684\u65c5\u6e38\u5e02\u573a\uff0c\u56e0\u6b64\u66f4\u52a0\u6807\u51c6\u5316\u548c\u96c6\u4e2d\u5316\u3002<\/p>\n<p>\u96c5\u864e\u8d22\u7ecf<\/p>\n<p>\u4e0a\u8868\u663e\u793a\u4e86 2021 \u5e74 Booking \u4e3b\u8981\u7ade\u4e89\u5bf9\u624b\u7684\u603b\u8425\u6536\u3002\u5176\u4e2d\u6bd4\u8f83\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0cExpedia \u7684\u603b\u6536\u5165\u4e3a $85.98\u767e\u4e07\u7f8e\u5143\uff0c\u4e0e\u5176\u4ed6\u7ade\u4e89\u5bf9\u624b\u62c9\u5f00\u4e86\u5f88\u5927\u7684\u5dee\u8ddd\uff0c\u4e0e Booking \u7684\u603b\u6536\u5165\u6700\u4e3a\u63a5\u8fd1\u3002\u6b64\u5916\uff0cExpedia \u8fd8\u662f Booking \u5728\u6b27\u6d32\u5730\u533a\u6700\u5f3a\u52b2\u7684\u7ade\u4e89\u5bf9\u624b\u3002<\/p>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>\u76c8\u4e8f\u5e73\u8861\u5206\u6790<\/b><\/h3>\n<p>\u5728\u672c\u8282\u4e2d\uff0c\u76c8\u4e8f\u5e73\u8861\u5206\u6790\u88ab\u7528\u4f5c\u4e00\u79cd\u8d22\u52a1\u8ba1\u7b97\uff0c\u5b83\u5c06\u4e00\u9879\u65b0\u4e1a\u52a1\u3001\u670d\u52a1\u6216\u4ea7\u54c1\u7684\u6210\u672c\u4e0e\u9500\u552e\u6536\u5165\u8fdb\u884c\u6743\u8861\uff0c\u4ee5\u786e\u5b9a\u76c8\u4e8f\u5e73\u8861\u70b9\u3002\u6362\u53e5\u8bdd\u8bf4\uff0c\u5b83\u63ed\u793a\u4e86Booking Holdings Inc.\u5356\u51fa\u8db3\u591f\u7684\u5355\u4f4d\u6765\u652f\u4ed8\u6240\u6709\u7684\u6210\u672c\u7684\u70b9\u3002<\/p>\n<p>\u4ee5\u4e0b\u662f\u6211\u4eec\u6536\u652f\u5e73\u8861\u5206\u6790\u7684\u7ed3\u679c\u3002<\/p>\n<table>\n<tbody>\n<tr>\n<td><\/td>\n<td>2021<\/td>\n<td>2020<\/td>\n<td>2019<\/td>\n<td>2018<\/td>\n<td>2017<\/td>\n<\/tr>\n<tr>\n<td>\u603b\u6536\u5165<\/td>\n<td>$ 10,958<\/td>\n<td>$ 6,796<\/td>\n<td>$ 15,066<\/td>\n<td>$ 14,527<\/td>\n<td>$ 12,681<\/td>\n<\/tr>\n<tr>\n<td>TVC<\/td>\n<td>881<\/td>\n<td>755<\/td>\n<td>955<\/td>\n<td>830<\/td>\n<td>759<\/td>\n<\/tr>\n<tr>\n<td>\u8d21\u732e\u5229\u6da6\u7387<\/td>\n<td>10,077<\/td>\n<td>6,041<\/td>\n<td>14,111<\/td>\n<td>13,697<\/td>\n<td>11,922<\/td>\n<\/tr>\n<tr>\n<td>TFC<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 7,581<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 6,672<\/td>\n<td>&nbsp;<\/p>\n<p>8,766<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 8,356<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 7,384<\/td>\n<\/tr>\n<tr>\n<td>\u76c8\u4e8f\u5e73\u8861\u70b9\uff08\u9500\u552e\u7f8e\u5143\uff09<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.75<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 1.10<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.62<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.61<\/td>\n<td>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.62<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u6211\u4eec\u53ef\u4ee5\u770b\u5230\uff0c\u57282020\u5e74COVID-19\u5f00\u59cb\u7684\u90a3\u4e00\u5e74\uff0c\u6536\u5165\u548c\u6210\u672c\u4e4b\u95f4\u7684\u5e73\u8861\u662f\u76f8\u5bf9\u5371\u9669\u7684\u30022020\u5e74\u4e4b\u540e\uff0c\u968f\u7740\u6536\u5165\u7684\u6500\u5347\uff0c\u8fc5\u901f\u6062\u590d\u5230\u4e0e\u5927\u6d41\u884c\u4e4b\u524d\u7684\u6b63\u5e38\u6c34\u5e73\u76f8\u7b26\u3002\u53e6\u5916\uff0c\u56fa\u5b9a\u6210\u672c\uff08\u52b3\u52a8\u529b\u3001\u5de5\u8d44\u3001\u5e7f\u544a\u7b49\uff09\u548c\u53ef\u53d8\u6210\u672c\u7684\u6c34\u5e73\u5728\u8fd9\u51e0\u5e74\u91cc\u76f8\u5bf9\u7a33\u5b9a\u3002<\/p>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u8d34\u73b0\u73b0\u91d1\u6d41\u6a21\u578b\u9884\u6d4b<\/b><\/h2>\n<p><b>\u00a0<\/b><\/p>\n<p>\u5728\u8fd9\u4e00\u8282\u4e2d\uff0c\u6211\u4eec\u9884\u6d4b\u4e86\u672a\u67655\u5e74\uff082022-2026\uff09\u7684\u65e0\u6760\u6746\u81ea\u7531\u73b0\u91d1\u6d41\u3002<\/p>\n<p>\u6765\u6e90\uff1a\u96c5\u864e\u8d22\u7ecf<\/p>\n<p>\u5728\u63ed\u793a\u7ed3\u679c\u548c\u5206\u6790\u4e4b\u524d\uff0c\u6709\u4e00\u4e9b\u5047\u8bbe\u9700\u8981\u62ab\u9732\u3002<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5047\u8bbe\u52302022-2024\u5e74EBITDA\u7684\u589e\u957f\u7387\u4e3a20%\uff0c2025\u5e74\u4e3a4%<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">4%\u7684\u957f\u671f\u589e\u957f\u7387<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">WACC\u4f5c\u4e3a8%\u7684\u8d34\u73b0\u7387<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u8ba1\u7b97\u516c\u5f0fNWC = \u5e93\u5b58 + A\/R - A\/P<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6839\u636eStatista\u76842022\u5e74\u9884\u6d4b\uff0cEBITDA\u500d\u6570\u4e3a17.1\u500d\u3002<\/li>\n<\/ul>\n<p>\u6700\u540e\u4e00\u884c\uff0c5 \u5e74\u73b0\u91d1\u6d41 PV \u4e4b\u548c\u4e3a $12,503MM\u3002\u7136\u540e\uff0c\u6211\u4eec\u7528\u4e24\u79cd\u4e0d\u540c\u7684\u65b9\u6cd5\u8ba1\u7b97\u4e86\u4f01\u4e1a\u4ef7\u503c\uff0c\u9996\u5148\u786e\u5b9a\u4e86 2026 \u5e74\u7684\u7ec8\u503c\uff1a1\uff09\u6c38\u7eed\u589e\u957f\u6cd5\uff1b2\uff09\u606f\u7a0e\u6298\u65e7\u644a\u9500\u524d\u5229\u6da6\u500d\u6570\u6cd5\u3002<\/p>\n<p>1.)\u6c38\u7eed\u589e\u957f\u6cd5<\/p>\n<table>\n<tbody>\n<tr>\n<td>2022-2026\u5e74\u7684PV\u4e4b\u548c<\/td>\n<td>12,503<\/td>\n<\/tr>\n<tr>\n<td>\u957f\u671f\u589e\u957f\u7387<\/td>\n<td>4%<\/td>\n<\/tr>\n<tr>\n<td>2026\u5e74\u7684\u7ec8\u7aef\u4ef7\u503c<\/td>\n<td>105,847<\/td>\n<\/tr>\n<tr>\n<td>\u7535\u89c6\u673a\u7684PV<\/td>\n<td>72,038<\/td>\n<\/tr>\n<tr>\n<td>\u4f01\u4e1a\u4ef7\u503c(EV)<\/td>\n<td>84,541<\/td>\n<\/tr>\n<tr>\n<td>\u80a1\u7968\u4ef7\u503c<\/td>\n<td>$2,126.15<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>2.)EBITDA\u500d\u6570\u6cd5<\/p>\n<table>\n<tbody>\n<tr>\n<td>2022-2026\u5e74\u7684PV\u4e4b\u548c<\/td>\n<td>12,503<\/td>\n<\/tr>\n<tr>\n<td>EBITDA\u500d\u6570<\/td>\n<td>17.1x<\/td>\n<\/tr>\n<tr>\n<td>2026\u5e74\u7684\u7ec8\u7aef\u4ef7\u503c<\/td>\n<td>104,467<\/td>\n<\/tr>\n<tr>\n<td>\u7535\u89c6\u673a\u7684PV<\/td>\n<td>71,098<\/td>\n<\/tr>\n<tr>\n<td>\u4f01\u4e1a\u4ef7\u503c(EV)<\/td>\n<td>83,601<\/td>\n<\/tr>\n<tr>\n<td>\u80a1\u7968\u4ef7\u503c<\/td>\n<td>$2,103.44<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>2022\u5e748\u67084\u65e5\uff0cBooking Holdings Inc.\u7684\u80a1\u4ef7\u4e3a78.32B\uff0c\u80a1\u4ef7\u4e3a$1914.57\u3002\u6b63\u5982\u6211\u4eec\u7684DCF\u6a21\u578b\u6240\u663e\u793a\u7684\uff0cEV\u53ef\u80fd\u4f1a\u8fbe\u523083B\u5de6\u53f3\uff0c\u901a\u8fc7\u5bf9\u5386\u53f2EV\u7684\u7edf\u8ba1\uff0c\u6211\u4eec\u53ef\u4ee5\u770b\u5230\uff0c\u5982\u679cBooking Holding Inc.\u4eceCOVID-19\u4e2d\u6062\u590d\u8fc7\u6765\uff0cEV\u56de\u5230\u5176\u5e73\u5747\u6c34\u5e73\uff0c\u8fd9\u4e2a\u4f30\u8ba1\u662f\u5408\u7406\u7684\u3002<\/p>\n<p>\u4e0e\u7ade\u4e89\u5bf9\u624b\u76f8\u6bd4\uff0cBooking Holdings Inc.\u8fc4\u4eca\u62e5\u6709\u6700\u5927\u7684\u7535\u52a8\u6c7d\u8f66\u3002<\/p>\n<p>\u5173\u4e8e\u80a1\u6743\u4ef7\u503c\uff0c\u6211\u4eec\u9700\u8981\u8003\u8651\u51c0\u503a\u52a1\u3002\u5728\u8fc7\u53bb\u4e94\u4e2a\u8d22\u5e74\u4e2d\uff0cBooking \u7684\u51c0\u503a\u52a1\/\u603b\u8d44\u672c\u4ece 2017 \u5e74\u7684 2.5% \u4e0b\u964d\u5230 2021 \u5e74\u7684-0.6%\u3002\u4f46\u5728 2022 \u5e74 6 \u6708\u8fbe\u5230\u9876\u5cf0\uff0c\u4e3a 11.2%\u3002\u7531\u4e8e\u51c0\u503a\u52a1\u5448\u4e0b\u964d\u8d8b\u52bf\uff0c\u5e76\u5728 2022 \u5e74\u8fbe\u5230\u5cf0\u503c\uff0c\u6211\u4eec\u9700\u8981\u8fdb\u4e00\u6b65\u7814\u7a76 2022 \u5e74\u5cf0\u503c\u80cc\u540e\u7684\u56e0\u7d20\u3002\u5982\u679c\u4e0d\u662f\u957f\u671f\u56e0\u7d20\uff0c\u90a3\u4e48\u80a1\u672c\u4ef7\u503c\u53ef\u80fd\u4f1a\u9ad8\u4e8e\u4e0a\u8868\u6240\u793a\u7684\u5f53\u524d\u80a1\u4ef7\u3002<\/p>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>\u73b0\u91d1\u6d41\u91cf\u8868<\/b><\/h3>\n<p><b>\u00a0<\/b><\/p>\n<p>\u7ecf\u8425\u6d3b\u52a8\u662f\u6765\u81ea\u516c\u53f8\u65e5\u5e38\u4e1a\u52a1\u8fd0\u8425\u7684\u73b0\u91d1\u6d41\u6765\u6e90\uff0c\u56e0\u6b64\u6211\u4eec\u8981\u5173\u6ce8\u7ecf\u8425\u6027\u73b0\u91d1\u6d41\u3002<\/p>\n<p>\u4e0b\u8868\u663e\u793a\u4e86\u51c0\u7ecf\u8425\u73b0\u91d1\u6d41\u53ca\u5176\u589e\u957f\u7387\u3002<\/p>\n<table>\n<tbody>\n<tr>\n<td><\/td>\n<td><b>2017<\/b><\/td>\n<td><b>2018<\/b><\/td>\n<td><b>2019<\/b><\/td>\n<td><b>2020<\/b><\/td>\n<td><b>2021<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>\u51c0\u7ecf\u8425\u73b0\u91d1\u6d41<\/b><\/td>\n<td>4.66B<\/td>\n<td>5.34B<\/td>\n<td>4.87B<\/td>\n<td>85M<\/td>\n<td>2.82B<\/td>\n<\/tr>\n<tr>\n<td><b>\u51c0\u7ecf\u8425\u73b0\u91d1\u6d41\u589e\u957f<\/b><\/td>\n<td>-<\/td>\n<td>14.50%<\/td>\n<td>-8.86%<\/td>\n<td>-98.25%<\/td>\n<td>3,217.65%<\/td>\n<\/tr>\n<tr>\n<td><b>\u51c0\u7ecf\u8425\u73b0\u91d1\u6d41\/\u9500\u552e\u989d<\/b><\/td>\n<td>36.76%<\/td>\n<td>36.75%<\/td>\n<td>32.29%<\/td>\n<td>1.25%<\/td>\n<td>25.73%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u6b63\u5982\u6211\u4eec\u5728\u8fd9\u91cc\u770b\u5230\u7684\uff0c\u7ecf\u8425\u6027\u73b0\u91d1\u6d41\u5df2\u7ecf\u88abCOVID-19\u635f\u574f\uff0c\u4f46\u57282021\u5e74\u5f88\u5feb\u5c31\u653e\u5f03\u4e86\u3002<\/p>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u884c\u4e1a\u5e73\u5747\u500d\u6570<\/b><\/h2>\n<p><b>\u00a0<\/b><\/p>\n<p>\u4e0b\u8868\u663e\u793a\u4e86\u884c\u4e1a\u7684\u5e73\u5747\u500d\u6570\u548cBooking Holding Inc.\u7684\u500d\u6570\u3002\u7efc\u4e0a\u6240\u8ff0\uff0cBooking Holdings Inc.\u4e00\u76f4\u662f\u5728\u7ebf\u65c5\u884c\u793e\uff08Expedia\u3001Airbnb\u3001TripAdvisor\u3001Trip.com\u7b49\uff09\u7684\u9886\u5bfc\u8005\u3002<\/p>\n<table>\n<tbody>\n<tr>\n<td><b>2021\u8d22\u5e74\u7b2c\u56db\u5b63\u5ea6<\/b><\/td>\n<td><b>\u884c\u4e1a\u5e73\u5747\u6c34\u5e73<\/b><\/td>\n<td><b>\u9884\u8ba2\u63a7\u80a1<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>EV\/Revenue<\/b><\/td>\n<td>6.98<\/td>\n<td>8.92<\/td>\n<\/tr>\n<tr>\n<td><b>EV\/EBIT\u00a0<\/b><\/td>\n<td>136.5<\/td>\n<td>37.20<\/td>\n<\/tr>\n<tr>\n<td><b>EV\/EBITDA\u00a0<\/b><\/td>\n<td>26.61<\/td>\n<td>30.00<\/td>\n<\/tr>\n<tr>\n<td><b>\u5e02\u76c8\u7387\u00a0<\/b><\/td>\n<td>56.76<\/td>\n<td>87.70<\/td>\n<\/tr>\n<tr>\n<td><b>\u8d44\u672c\u5316<\/b><\/td>\n<td>50.98 B<\/td>\n<td>97.69 B<\/td>\n<\/tr>\n<tr>\n<td><b>P\/B<\/b><\/td>\n<td>10.84<\/td>\n<td>9.40<\/td>\n<\/tr>\n<tr>\n<td><b>PEG\u6bd4\u503c<\/b><\/td>\n<td>0.24<\/td>\n<td>0.24<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u80a1\u7968\u4ef7\u683c\u5206\u6790<\/b><\/h2>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>IPO\u4ee5\u6765\u7684\u80a1\u4ef7<\/b><\/h3>\n<p><a href=\"https:\/\/www.booking.com\/?aid=355028\" target=\"_blank\" rel=\"noopener\"><strong>\u9884\u8ba2\u63a7\u80a1<\/strong><\/a> 1999\u5e743\u670829\u65e5\u9996\u6b21\u516c\u5f00\u53d1\u884c\uff0c\u6bcf\u80a1\u53d1\u884c$550\u3002\u622a\u81f32022\u5e747\u670818\u65e5\uff0cBooking Holdings\u7684\u6700\u65b0\u6536\u76d8\u80a1\u4ef7\u4e3a$1738.79\u3002<\/p>\n<p>\u6765\u6e90\u4e8eyahoofinance<\/p>\n<p>\u81ea 1999 \u5e74\u4e0a\u5e02\u81f3\u4eca\uff0cBooking Holdings \u7684\u80a1\u4ef7\u4e0a\u6da8\u4e86 68%\u3002\u5728\u8fc7\u53bb\u7684 52 \u5468\u91cc\uff0c\u80a1\u4ef7\u4e0b\u8dcc\u4e86 -17.27%\u3002\u4e0a\u5e02\u65f6\uff0cBooking Holdings \u7684\u5e02\u503c\u4e3a $7.86 \u4ebf\u7f8e\u5143\u3002\u622a\u81f3 2022 \u5e74 7 \u6708 18 \u65e5\uff0cBKNG \u7684\u5e02\u503c\uff08\u51c0\u8d44\u4ea7\uff09\u4e3a $706.4 \u4ebf\u7f8e\u5143\uff0c\u4f01\u4e1a\u4ef7\u503c\u4e3a $702.0 \u4ebf\u7f8e\u5143\u3002\u81ea 1999 \u5e74 3 \u6708 31 \u65e5\u4ee5\u6765\uff0cBooking Holdings \u7684\u5e02\u503c\u5df2\u4ece $78.6 \u4ebf\u7f8e\u5143\u589e\u81f3 $706.4 \u4ebf\u7f8e\u5143\uff0c\u589e\u957f\u4e86 799.06%\u3002\u5e74\u590d\u5408\u589e\u957f\u7387\u4e3a 9.88%\u3002<\/p>\n<p>\u6765\u6e90\u4e8eyahoofinance<\/p>\n<p>2000 \u5e74\uff0c\u80a1\u7968\u4ef7\u683c\u4ee5 $307.4385 \u5f00\u76d8\uff0c\u4ee5 $7.8584 \u6536\u76d8\uff0c\u4e0b\u8dcc\u4e86 -97.24%\u30022001 \u5e74\uff0c\u80a1\u7968\u4ef7\u683c\u4ee5 $8.4583 \u5f00\u76d8\uff0c\u4ee5 $34.9130 \u6536\u76d8\uff0c\u589e\u52a0\u4e86 344.28%\u30022002 \u5e74\uff0c\u80a1\u7968\u5f00\u76d8\u4ef7\u4e3a $35.0930\uff0c\u6536\u76d8\u4ef7\u4e3a $9.5981\uff0c\u8dcc\u5e45\u4e3a -72.51%\u30022006 \u5e74\u81f3 2010 \u5e74\uff0cBookings \u7684\u80a1\u4ef7\u6bcf\u5e74\u90fd\u6709\u5927\u5e45\u589e\u957f\uff0c\u5e73\u5747\u589e\u957f\u7387\u4e3a 100.4%\u30022010 \u5e74\u540e\uff0cBookings \u7684\u80a1\u4ef7\u6301\u7eed\u589e\u957f\uff0c\u5e74\u5e73\u5747\u589e\u957f\u7387\u4e3a 15.5%\u3002<\/p>\n<p>\u8d1d\u5854\u503c\u8861\u91cf\u7684\u662f\u4e0e\u6574\u4e2a\u80a1\u5e02\u76f8\u6bd4\uff0c\u80a1\u7968\u4ef7\u683c\u7684\u6ce2\u52a8\u6027\u3002\u6570\u503c\u5927\u4e8e 1 \u8868\u793a\u6ce2\u52a8\u6027\u66f4\u5927\u3002\u7531\u4e8e\u8d1d\u5854\u7cfb\u6570\u4e3a 1.25\uff0c\u56e0\u6b64 BKNG \u7684\u4ef7\u683c\u6ce2\u52a8\u7387\u4e00\u76f4\u9ad8\u4e8e\u5e02\u573a\u5e73\u5747\u6c34\u5e73\u3002<\/p>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>\u6307\u6570\u8868\u73b0<\/b><\/h3>\n<ul>\n<li aria-level=\"1\">\n<h4><b>\u6570\u636e\u6536\u96c6\u3002\u6301\u6709\u8005\u7684\u6784\u6210<\/b><\/h4>\n<\/li>\n<\/ul>\n<table>\n<tbody>\n<tr>\n<td>0.25%<\/td>\n<td>% \u6240\u6709\u5185\u5e55\u4eba\u58eb\u6240\u6301\u80a1\u4efd\u7684\u6bd4\u4f8b<\/td>\n<\/tr>\n<tr>\n<td>93.48%<\/td>\n<td>% \u673a\u6784\u6301\u6709\u7684\u80a1\u7968<\/td>\n<\/tr>\n<tr>\n<td>93.71%<\/td>\n<td>\u673a\u6784\u6301\u6709\u7684%\u7684\u6d6e\u52a8\u8d44\u91d1<\/td>\n<\/tr>\n<tr>\n<td>1,946<\/td>\n<td>\u6301\u6709\u80a1\u7968\u7684\u673a\u6784\u6570\u91cf<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h4><b>\u4e0e\u7ade\u4e89\u5bf9\u624b\u548c\u6307\u6570\u76f8\u6bd4\u7684\u76f8\u5bf9\u8868\u73b0<\/b><\/h4>\n<p><b>\u00a0<\/b><\/p>\n<p>\u6807\u666e500\u6307\u6570\u7531\u9ec4\u8272\u6807\u7b7e\u8868\u793a\uff0c\u4ece2017\u5e74\u52302022\u5e74\uff0c\u5b83\u7684\u8868\u73b0\u660e\u663e\u8d85\u8fc7\u4e86\u5728\u7ebf\u65c5\u884c\u793e\uff08BNGK\u3001ABNB\u3001TRIP\u3001TCOM\u7b49\uff09\u3002\u5728\u5176\u7ade\u4e89\u5bf9\u624b\u4e2d\uff0cBooking Holdings Inc.\u591a\u5e74\u6765\u7684\u8868\u73b0\u76f8\u5bf9\u7a33\u5b9a\u4e14\u8d85\u51fa\u5e73\u5747\u6c34\u5e73\uff0c\u5982\u84dd\u7ebf\u6240\u793a\u3002<\/p>\n<p>\u6765\u6e90\u4e8ekoyfin.com<\/p>\n<h4><b>\u4e0e\u6807\u51c6\u666e\u5c14500\u6307\u6570\u7684\u6bd4\u8f83\u5206\u6790<\/b><b><\/b><\/h4>\n<p><b>\u00a0<\/b><\/p>\n<p>\u5728\u8fd9\u4e2a\u5206\u6790\u4e2d\uff0c\u6211\u4eec\u5efa\u7acbCAPM\u6a21\u578b\u6765\u8861\u91cf\u5e02\u573a\u56e0\u7d20\u7684\u98ce\u9669\u66b4\u9732\uff0c\u4e5f\u5c31\u662f\u6807\u51c6\u666e\u5c14500\u6307\u6570\u3002\u65e0\u98ce\u9669\u5229\u7387\u753110\u5e74\u671f\u56fd\u503a\u6536\u76ca\u7387\u8868\u793a\u3002\u98ce\u9669\u66b4\u9732\u662f\u8d1d\u5854\u503c\uff0c\u5728\u4e0b\u9762\u7684\u8868\u683c\u4e2d\u5f3a\u8c03\u3002\u6211\u4eec\u53ef\u4ee5\u770b\u5230\uff0c\u5b83\u662f0.24\uff0c\u5bf9\u5e02\u573a\u56de\u62a5\u4e0d\u662f\u5f88\u654f\u611f\u3002<\/p>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u5e02\u573a\u7814\u7a76<\/b><\/h2>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>\u76ee\u6807\u5e02\u573a\u7814\u7a76<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u9884\u8ba2\u7684\u76ee\u6807\u5ba2\u6237\u662f\u90a3\u4e9b\u719f\u6089\u5e76\u80fd\u81ea\u5982\u5730\u4f7f\u7528\u5e94\u7528\u7a0b\u5e8f\u548c\u7f51\u7ad9\u6765\u9884\u8ba2\u9152\u5e97\u3001\u822a\u73ed\uff0c\u5e76\u4ee5\u4f18\u60e0\u7684\u4ef7\u683c\u5728\u7ebf\u8ba1\u5212\u65c5\u884c\u7684\u4eba\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4ed6\u4eec\u901a\u8fc7\u5728\u793e\u4ea4\u5a92\u4f53\u4e0a\u6295\u653e\u5e7f\u544a\u6765\u63a8\u9500\u81ea\u5df1\u7684\u54c1\u724c\uff0c\u4ee5\u663e\u793a\u4eba\u4eec\u53ea\u9700\u5728\u4efb\u4f55\u5730\u65b9\u70b9\u51fb\u8bbe\u5907\u4e0a\u7684\u6309\u94ae\u5c31\u80fd\u4f53\u9a8c\u4e16\u754c\u7684\u60f3\u6cd5\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4ed6\u4eec\u901a\u8fc7\u5411\u76ee\u6807\u516c\u53f8\u63d0\u4f9b\u6700\u4e0b\u8f7d\u7684\u5728\u7ebf\u65c5\u884c\u793e\u5e73\u53f0\u3001\u5de5\u5177\u548c\u6d1e\u5bdf\u529b\uff0c\u4e3a\u5ba2\u6237\u63d0\u4f9b\u5404\u79cd\u9009\u62e9\uff0c\u4ece\u800c\u83b7\u5f97\u76ee\u6807\u516c\u53f8\u3002<\/li>\n<\/ul>\n<p><b>\u54c1\u724c\u5b9a\u4f4d<\/b><\/p>\n<p>\u6765\u6e90\u4e8eBookings.com<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5982\u4eca\uff0cBooking Holdings\u88ab\u63a8\u9500\u4e3a\u6700\u5927\u7684\u5728\u7ebf\u65c5\u6e38\u673a\u6784\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u65e9\u5728 2000 \u5e74\uff0c\u4ed6\u4eec\u5c31\u88ab\u5ba3\u4f20\u4e3a\u4e00\u5bb6\u6280\u672f\u516c\u53f8\uff0c\u5f00\u521b\u4e86\u4e00\u79cd\u88ab\u79f0\u4e3a \"\u9700\u6c42\u6536\u96c6\u7cfb\u7edf \"\u7684\u72ec\u7279\u7535\u5b50\u5546\u52a1\u5b9a\u4ef7\u7cfb\u7edf\uff0c\u4f7f\u6d88\u8d39\u8005\u80fd\u591f\u5229\u7528\u4e92\u8054\u7f51\u8282\u7701\u8d2d\u4e70\u5404\u79cd\u4ea7\u54c1\u548c\u670d\u52a1\u7684\u8d39\u7528\uff0c\u540c\u65f6\u4f7f\u5356\u5bb6\u80fd\u591f\u83b7\u5f97\u589e\u91cf\u6536\u5165\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u57282000\u5e74\u4e0b\u534a\u5e74\uff0c\u4ed6\u4eec\u7ecf\u5386\u4e86\u4e1a\u52a1\u52bf\u5934\u7684\u4e0b\u964d\uff0c\u7136\u540e\u4ed6\u4eec\u5c06\u91cd\u70b9\u8f6c\u79fb\u5230\u65c5\u6e38\u4e1a\u52a1\u4e0a\u3002<\/li>\n<\/ul>\n<h3 style=\"font-size: 22px; text-align: center;\"><b>SWOT\u5206\u6790<\/b><\/h3>\n<p><b>\u5f3a\u5ea6<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4e16\u754c\u4e0a\u6700\u77e5\u540d\u548c\u6700\u5927\u7684\u65c5\u884c\u793e<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">2021 \u5e74\uff0cBooking \u7684\u5e94\u7528\u7a0b\u5e8f\u662f\u5168\u7403\u4e0b\u8f7d\u91cf\u6700\u5927\u7684\u5728\u7ebf\u65c5\u6e38\u5e94\u7528\u7a0b\u5e8f\uff0c\u4e0b\u8f7d\u91cf\u8fbe 6300 \u4e07\u6b21\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u79fb\u52a8\u5e94\u7528\u7a0b\u5e8f\u6613\u4e8e\u4f7f\u7528\uff0c\u5177\u6709\u826f\u597d\u7684\u53ef\u89c6\u6027\u548c\u5e94\u7528\u7a0b\u5e8f\u5185\u7684\u822a\u73ed\u3001\u5730\u9762\u4ea4\u901a\u4f53\u9a8c<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6d88\u8d39\u8005\u8fd8\u53ef\u4ee5\u4f7f\u7528\u4ed6\u4eec\u7684\u5143\u641c\u7d22\u670d\u52a1\uff0c\u8f7b\u677e\u5730\u4e00\u6b21\u6027\u6bd4\u8f83\u6570\u767e\u4e2a\u5728\u7ebf\u65c5\u6e38\u5e73\u53f0\u7684\u65c5\u6e38\u9884\u8ba2\u4fe1\u606f\uff0c\u5982\u822a\u73ed\u3001\u9152\u5e97\u548c\u79df\u8f66\u9884\u8ba2\u3002<\/li>\n<\/ul>\n<p><b>\u5f31\u70b9<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u9ad8\u5ea6\u4f9d\u8d56\u4eba\u4eec\u7684\u65c5\u6e38\u610f\u613f\u548c\u653f\u5e9c\u7684\u653f\u7b56\u3002\u5728 2020 \u5e74\u81f3 2022 \u5e74\u7684 COVID-19 \u671f\u95f4\uff0c2020 \u5e74\u65c5\u6e38\u603b\u9884\u8ba2\u91cf\u51cf\u5c11 63%\uff0c2021 \u5e74\u51cf\u5c11 21%\u30022022 \u5e74\u80a1\u4ef7\u4e0b\u964d 27.53%\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5546\u4e1a\u6a21\u5f0f\u7f3a\u4e4f\u591a\u6837\u6027\u3002\u8d85\u8fc760%\u7684\u6536\u5165\u6765\u81ea\u4ee3\u7406\u4e1a\u52a1\u6a21\u5f0f\uff0c\u8be5\u6a21\u5f0f\u5728\u5176\u7f51\u7ad9\u7684\u6bcf\u4e2a\u9884\u8ba2\u4e2d\u8d5a\u53d610%-30%\u4f63\u91d1\u3002<\/li>\n<\/ul>\n<p><b>\u673a\u4f1a<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u901a\u8fc7\u6269\u5927 <a href=\"https:\/\/lions.financial\/zh\/services\/capital-markets-mergers-and-acquisitions\/\" target=\"_blank\" rel=\"noopener\"><strong>\u517c\u5e76\u4e0e\u6536\u8d2d<\/strong><\/a> \u5728\u5728\u7ebf\u65c5\u6e38\u884c\u4e1a<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6295\u8d44\u4e8e\u63d0\u4f9b\u8054\u7f51\u65c5\u884c\u7684\u5148\u8fdb\u6280\u672f<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u65c5\u6e38\u5e02\u573a\u7684\u589e\u957f\u548c\u5728\u7ebf\u6e17\u900f\u5e26\u6765\u7684\u5c3e\u98ce<\/li>\n<\/ul>\n<p><b>\u5a01\u80c1<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">COVID-19\u5927\u6d41\u884c\u75c5\u5bf9\u5176\u4e1a\u52a1\u3001\u8d22\u52a1\u4e1a\u7ee9\u548c\u65c5\u884c\u9700\u6c42\u7684\u4e0d\u5229\u5f71\u54cd\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4e0e\u65c5\u6e38\u670d\u52a1\u4f9b\u5e94\u5546\u548c\u9910\u9986\u53ca\u5176\u4ed6\u6240\u4f9d\u8d56\u7684\u7b2c\u4e09\u65b9\u7684\u5173\u7cfb\u53d1\u751f\u4e0d\u5229\u53d8\u5316<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6211\u4eec\u6709\u80fd\u529b\u5e94\u5bf9\u5e76\u8ddf\u4e0a\u6280\u672f\u548c\u5e02\u573a\u53d8\u5316\u7684\u5feb\u901f\u6b65\u4f10\u3002\u50cf\u8c37\u6b4c\u3001\u82f9\u679c\u8fd9\u6837\u7684\u7ade\u4e89\u8005\u62e5\u6709\u66f4\u591a\u7684\u6d88\u8d39\u8005\uff0c\u5e76\u63d0\u4f9b\u53ef\u4ee5\u4fc3\u8fdb\u4f7f\u7528\u5176\u670d\u52a1\u7684\u8bbe\u5907\u3002<\/li>\n<\/ul>\n<p><b>\u603b\u7ed3<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u5728\u7ebf\u65c5\u6e38\u5e02\u573a\u5728\u672a\u6765\u6709\u826f\u597d\u7684\u589e\u957f\u6f5c\u529b\u3002Booking\u63a7\u80a1\u516c\u53f8\u6b63\u9762\u4e34\u7740\u4e00\u4e2a\u7ade\u4e89\u6fc0\u70c8\u7684\u5e02\u573a\u3002\u4e3a\u4e86\u4fdd\u6301\u4ed6\u4eec\u5728\u5e02\u573a\u4e0a\u7684\u9886\u5148\u5730\u4f4d\uff0c\u4ed6\u4eec\u53ef\u4ee5\u5f00\u53d1\u65b0\u7684\u6280\u672f\uff0c\u4ee5\u786e\u4fdd\u76ee\u524d\u7684\u5fe0\u5b9e\u6d88\u8d39\u8005\uff0c\u5e76\u5438\u5f15\u65b0\u7684\u6d88\u8d39\u8005\uff0c\u540c\u65f6\u5c06\u5546\u4e1a\u6a21\u5f0f\u6269\u5c55\u5230\u66f4\u591a\u7684\u65c5\u6e38\u76f8\u5173\u884c\u4e1a\u3002<\/li>\n<\/ul>\n<h2 style=\"font-size: 25px; text-align: center;\"><b>\u517c\u5e76\u4e0e\u6536\u8d2d<\/b><\/h2>\n<p><b>\u00a0<\/b><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u63d0\u4f9b\u4ef7\u683c\u6bd4\u8f83\uff08\u901a\u5e38\u79f0\u4e3a \"\u5143\u641c\u7d22\"\uff09\u670d\u52a1\uff0c\u4f7f\u6d88\u8d39\u8005\u80fd\u591f\u641c\u7d22\u548c\u6bd4\u8f83\u65c5\u6e38\u670d\u52a1\u63d0\u4f9b\u5546\u548c\u5728\u7ebf\u65c5\u884c\u793e\uff08\"OTA\"\uff09\u63d0\u4f9b\u7684\u65c5\u6e38\u670d\u52a1\u7684\u4ef7\u683c\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4e3a\u6d88\u8d39\u8005\u63d0\u4f9b\u9910\u5385\u9884\u8ba2\u670d\u52a1\uff0c\u4e3a\u9910\u5385\u63d0\u4f9b\u9884\u8ba2\u7ba1\u7406\u670d\u52a1\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u52a0\u5f3a\u5143\u641c\u7d22\u4e1a\u52a1\u7684\u5168\u7403\u5f71\u54cd\u529b\u3002<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4f4d\u4e8e\u6b27\u6d32\u7684\u822a\u73ed\u9884\u8ba2\u4f9b\u5e94\u5546\u3002\u4e3a\u4e86\u6269\u5927\u548c\u52a0\u5f3a\u822a\u73ed\u4ea7\u54c1<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4e3a\u4e86\u52a0\u5f3a\u6211\u4eec\u5bf9\u9152\u5e97\u5408\u4f5c\u4f19\u4f34\u7684\u4f01\u4e1a\u5bf9\u4f01\u4e1a\u7684\u5206\u9500\u80fd\u529b\uff0c\u5e76\u66f4\u6709\u6548\u5730\u652f\u6301\u6211\u4eec\u7684\u4f4f\u5bbf\u8054\u76df\u5408\u4f5c\u4f19\u4f34\uff09\u3002<\/li>\n<\/ol>\n<p><b>\u6d3b\u8dc3\u7684\u9152\u5e97\u3002<\/b><\/p>\n<p>2004 \u5e74 9 \u6708\uff0cBooking Holdings \u4ee5\u7ea6 $1.654 \u4ebf\u7f8e\u5143\u73b0\u91d1\uff08\u5305\u62ec\u4ea4\u6613\u76f8\u5173\u8d39\u7528\uff09\u6536\u8d2d\u4e86 Active Hotels Ltd.(\"Active Hotels\")\uff0c\u8fd9\u662f\u4e00\u5bb6\u603b\u90e8\u4f4d\u4e8e\u82f1\u56fd\u7684\u4e92\u8054\u7f51\u9152\u5e97\u9884\u8ba2\u5206\u9500\u5546\uff0c\u5305\u62ec\u4ea4\u6613\u76f8\u5173\u8d39\u7528\u5728\u5185\uff0c\u73b0\u91d1\u6536\u8d2d\u4ef7\u7ea6\u4e3a $.1654 \u4ebf\u7f8e\u5143\u3002Active Hotels \u4e0e\u82f1\u56fd\u548c\u6574\u4e2a\u6b27\u6d32\u7684 8,500 \u591a\u5bb6\u9152\u5e97\u5408\u4f5c\uff0c\u5176\u4e2d\u5305\u62ec\u56fd\u9645\u8fde\u9501\u9152\u5e97\u548c\u72ec\u7acb\u9152\u5e97\u3002\u5176\u5206\u9500\u7f51\u7edc\u5305\u62ec\u516c\u53f8\u62e5\u6709\u7684\u7f51\u7ad9\uff0c\u5982 activereservations.com\uff0c\u4ee5\u53ca\u5728\u6b27\u6d32\u5404\u5730\u8fd0\u8425\u7684\u8d85\u8fc7 1000 \u4e2a\u9644\u5c5e\u7b2c\u4e09\u65b9\u7f51\u7ad9\u3002<\/p>\n<p><b>\u9884\u8ba2\u3002<\/b><\/p>\n<p>\u6b64\u5916\uff0c2005 \u5e74 7 \u6708\uff0c\u6211\u4eec\u6536\u8d2d\u4e86\u603b\u90e8\u4f4d\u4e8e\u963f\u59c6\u65af\u7279\u4e39\u7684 Bookings B.V.\uff08\"Bookings\"\uff09\uff0c\u5b83\u662f\u6b27\u6d32\u9886\u5148\u7684\u4e92\u8054\u7f51\u9152\u5e97\u9884\u8ba2\u670d\u52a1\u516c\u53f8\u4e4b\u4e00\uff0c\u4e3b\u8981\u5728\u963f\u59c6\u65af\u7279\u4e39\u3001\u5df4\u585e\u7f57\u90a3\u3001\u67cf\u6797\u3001\u5362\u52d2\u3001\u5df4\u9ece\u3001\u7f57\u9a6c\u548c\u6bd4\u8428\u8bbe\u6709\u529e\u4e8b\u5904\u3002Priceline \u4ec5\u4ee5 $.135 \u4ebf\u7f8e\u5143\u7684\u73b0\u91d1\u6536\u8d2d\u4e86 Booking.com\u3002<\/p>\n<p><b>Agoda\u3002<\/b><\/p>\n<p>2007 \u5e74 11 \u6708\uff0c\u6211\u4eec\u6536\u8d2d\u4e86 Agoda Company, Ltd. \uff08\"Agoda\"\uff09\u548c AGIP LLC\uff08\"AGIP\"\uff0c\u4e0e Agoda \u5408\u79f0\u4e3a \"Agoda \u516c\u53f8\"\uff09\u3002(Agoda\"\uff09\u548c AGIP LLC\uff08\"AGIP\"\uff0c\u4e0e Agoda \u5408\u79f0 \"Agoda \u516c\u53f8\"\uff09\uff0c\u8fd9\u662f\u4e00\u5bb6\u5728\u65b0\u52a0\u5761\u548c\u6cf0\u56fd\u5f00\u5c55\u4e1a\u52a1\u7684\u4e92\u8054\u7f51\u9152\u5e97\u5206\u9500\u5546\u3002<\/p>\n<p><b>TravelJigsaw\u3002<\/b><\/p>\n<p>\u901a\u8fc7\u6211\u4eec\u57282010\u5e745\u6708\u6536\u8d2d\u7684TravelJigsaw\uff0c\u6211\u4eec\u5728\u5168\u740380\u4e2a\u56fd\u5bb6\u63d0\u4f9b\u96f6\u552e\u4ef7\u683c\u516c\u5f00\u7684\u79df\u8f66\u9884\u8ba2\u3002<\/p>\n<p><b>KAYAK:<\/b><\/p>\n<p>2013 \u5e74 5 \u6708\uff0c\u6211\u4eec\u6536\u8d2d\u4e86 KAYAK\uff0c\u8be5\u516c\u53f8\u63d0\u4f9b\u4ef7\u683c\u6bd4\u8f83\uff08\u901a\u5e38\u79f0\u4e3a \"\u5143\u641c\u7d22\"\uff09\u670d\u52a1\uff0c\u5141\u8bb8\u6d88\u8d39\u8005\u641c\u7d22\u548c\u6bd4\u8f83\u65c5\u6e38\u670d\u52a1\u63d0\u4f9b\u5546\u548c\u5728\u7ebf\u65c5\u884c\u793e\uff08\"OTA\"\uff09\u63d0\u4f9b\u7684\u65c5\u6e38\u670d\u52a1\u4ef7\u683c\u3002KAYAK \u76ee\u524d\u4e3b\u8981\u5728\u7f8e\u56fd\u8fd0\u8425\uff0c\u4f46\u6253\u7b97\u52a0\u5927\u6295\u8d44\u529b\u5ea6\uff0c\u62d3\u5c55\u56fd\u9645\u4e1a\u52a1\u3002\u6b64\u6b21\u4ea4\u6613\u5bf9 KAYAK \u7684\u4f30\u503c\u4e3a 18 \u4ebf\u53f0\u5e01\uff08\u6263\u9664\u6536\u8d2d\u73b0\u91d1\u540e\u4e3a 16.5 \u4ebf\u53f0\u5e01\uff09\uff0c\u6216\u6bcf\u80a1 KAYAK \u80a1\u7968 40 \u53f0\u5e01\uff08\u53d7\u5236\u4e8e\u4e0b\u6587\u6240\u8ff0\u7684\u9644\u52a0\u6761\u4ef6\uff09\uff0c\u5176\u4e2d\u96c6\u56e2\u4ee5\u73b0\u91d1\u652f\u4ed8\u7ea6 5 \u4ebf\u53f0\u5e01\uff0c\u4ee5\u80a1\u6743\u548c\u5047\u5b9a\u80a1\u7968\u671f\u6743\u652f\u4ed8 13 \u4ebf\u53f0\u5e01\u3002<\/p>\n<p><b>OpenTable\u3002<\/b><\/p>\n<p>2014\u5e747\u6708\uff0c\u6211\u4eec\u6536\u8d2d\u4e86OpenTable\uff0c\u8fd9\u662f\u4e00\u4e2a\u9884\u8ba2\u5728\u7ebf\u9910\u5385\u7684\u9886\u5148\u54c1\u724c\u3002OpenTable\u603b\u90e8\u4f4d\u4e8e\u52a0\u5dde\u65e7\u91d1\u5c71\uff0c\u4e3a\u6d88\u8d39\u8005\u63d0\u4f9b\u5728\u7ebf\u9910\u5385\u9884\u8ba2\u670d\u52a1\uff0c\u4e3a\u9910\u5385\u63d0\u4f9b\u9884\u8ba2\u7ba1\u7406\u670d\u52a1\u3002OpenTable\u4e3b\u8981\u5728\u7f8e\u56fd\u5f00\u5c55\u4e1a\u52a1\uff0c\u5c3d\u7ba1\u5b83\u6253\u7b97\u7ee7\u7eed\u6295\u8d44\u4ee5\u6269\u5927\u5176\u56fd\u9645\u4ea7\u54c1\u3002Priceline\u96c6\u56e2 <a style=\"font-size: 16px; font-family: var( --e-global-typography-text-font-family ), Sans-serif; background-color: #ffffff;\" href=\"http:\/\/eater.com\/archives\/2014\/06\/13\/priceline-to-acquire-opentable-for-26-billion-in-cash.php\">\u5ba3\u5e03\u6536\u8d2d<\/a> \u4ee5 16 \u4ebf\u7f8e\u5143\u7684\u4ef7\u683c\u6536\u8d2d\u4e86\u5728\u7ebf\u9910\u5385\u9884\u8ba2\u9886\u5bfc\u8005 OpenTable\u3002\u8fd9\u662f\u4e00\u7b14\u5929\u6587\u6570\u5b57\u3002\u5f53\u7136\uff0c\u8fd9\u5728\u79d1\u6280\u754c\u4e0d\u7b97\u4ec0\u4e48\uff0c\u5728 WhatsApp <a style=\"font-size: 16px; font-family: var( --e-global-typography-text-font-family ), Sans-serif; background-color: #ffffff;\" href=\"http:\/\/www.businessweek.com\/articles\/2014-02-19\/facebook-acquires-whatsapp-for-19-billion\">\u5230\u4e86Facebook<\/a> $19\u4ebf\u7f8e\u5143\uff0c\u4f46\u5b83\u4e0e\u8bf8\u5982\u4ee5\u4e0b\u7684\u6536\u8d2d\u6848\u76f8\u8fd1 <a style=\"font-size: 16px; font-family: var( --e-global-typography-text-font-family ), Sans-serif; background-color: #ffffff;\" href=\"http:\/\/www.forbes.com\/sites\/aarontilley\/2014\/01\/13\/google-acquires-nest-for-3-2-billion\/\">\u8c37\u6b4c\u4e0e Nest \u7684\u4ea4\u6613<\/a> ($32 \u4ebf\u7f8e\u5143) \u6216\u82f9\u679c\u516c\u53f8\u7684 <a style=\"font-size: 16px; font-family: var( --e-global-typography-text-font-family ), Sans-serif; background-color: #ffffff;\" href=\"http:\/\/www.macworld.com\/article\/2190342\/apple-officially-acquires-beats-for-3-billion.html\">\u4e0eBeats\u7684\u4ea4\u6613<\/a> ($3\u4ebf)\u3002<\/p>\n<p><b>PriceMatch\/ Rocketmiles\/ AS Digital\u3002<\/b><\/p>\n<p>2015\u5e74\uff0c\u6536\u8d2d\u5728\u6b27\u6d32\u548c\u7f8e\u56fd\u8bbe\u6709\u529e\u4e8b\u5904\u7684PriceMatch\uff0c\u662f\u5728Priceline\u96c6\u56e2\u6700\u8fd1\u63a8\u51fa\u5176 <a href=\"http:\/\/skift.com\/2015\/04\/29\/booking-com-wasnt-powerful-enough-its-now-getting-more-sway-with-hotels\/\">\u6d1b\u514b\u83f2\u52d2\u516c\u53f8\uff08BookingSuite\uff09\u90e8\u95e8<\/a> \u4ee5\u521b\u5efa\u7f51\u7ad9\u5e76\u4e3a\u9152\u5e97\u63d0\u4f9bBooking.com\u9884\u8ba2\u5f15\u64ce\u3002PriceMatch\u662f\u4e00\u4e2a\u57fa\u4e8e\u4e91\u7684\u89e3\u51b3\u65b9\u6848\uff0c\u65e8\u5728\u4e3a\u9152\u5e97\u63d0\u4f9b\u5206\u6790\u4ee5\u63d0\u9ad8\u4e1a\u7ee9\u3002<\/p>\n<p>\u636e\u300a\u534e\u5c14\u8857\u65e5\u62a5\u300b\u62a5\u9053\uff0cPriceline\u96c6\u56e2\u5c06\u4ee5\u5927\u7ea6$2\u5343\u4e07\u7684\u4ef7\u683c\u6536\u8d2dRocketmiles\u3002<\/p>\n<p>AS Digital\u662f\u4e00\u5bb6\u603b\u90e8\u8bbe\u5728\u6fb3\u5927\u5229\u4e9a\u7684\u9910\u9986\u9910\u684c\u548c\u9884\u8ba2\u7ba1\u7406\u5de5\u5177\u4f9b\u5e94\u5546\u3002\u8be5\u516c\u53f8 <a href=\"http:\/\/www.pricelinegroup.com\/\">Priceline\u96c6\u56e2<\/a> \u5df2\u7ecf\u5411\u9910\u5385\u9884\u8ba2\u9886\u57df\u8fc8\u51fa\u4e86\u53e6\u4e00\u6b65\uff0c\u8fbe\u6210\u4e86\u6536\u8d2d\u9910\u5385\u7684\u4ea4\u6613\u3002 <a href=\"http:\/\/www.asdigital.com\/\">AS\u6570\u7801<\/a>.\u8be5\u516c\u53f8\u5c06\u88ab\u5e76\u5165 <a href=\"http:\/\/www.opentable.com\/\">\u5f00\u653e\u5f0f\u9910\u684c<\/a> \u5728Priceline\u5185\u90e8\u7684\u90e8\u95e8\u3002<\/p>\n<p><b>\u5df4\u897f\u65c5\u6e38\/ Momondo\/ Cheapflights\u3002<\/b><\/p>\n<p><a href=\"https:\/\/www.tnooz.com\/article\/kayak-acquires-brazilian-travel-metasearch-site-mundi\/\">Kayak\u6536\u8d2d\u4e86\u5df4\u897f\u65c5\u6e38\u5143\u641c\u7d22\u7f51\u7ad9Mundi<\/a><\/p>\n<p>2017 \u5e74 7 \u6708\uff0c\u516c\u53f8\u4ee5 $556 \u4e07\u7f8e\u5143\u5b8c\u6210\u4e86\u5bf9 Momondo \u96c6\u56e2\u7684\u6536\u8d2d\uff0c\u8be5\u96c6\u56e2\u8fd0\u8425\u7740\u65c5\u6e38\u5143\u641c\u7d22\u7f51\u7ad9 Momondo \u548c Cheapflights\uff0c\u4f5c\u4e3a\u516c\u53f8 KAYAK \u4e1a\u52a1\u7684\u4e00\u90e8\u5206\u8fdb\u884c\u7ba1\u7406\u3002<\/p>\n<p><b>\u00a0\u7968\u4ef7Harbor\/\u9152\u5e97\u5408\u8ba1\u3002<\/b><\/p>\n<p>2018\u5e744\u6708\uff0c\u6211\u4eec\u652f\u4ed8\u4e86$1.39\u4ebf \uff0c\u6263\u9664\u6536\u8d2d\u7684\u73b0\u91d1\uff0c\u5e76\u53d1\u884c\u4e86\u91d1\u989d\u4e3a$1.1\u4ebf\u7684\u666e\u901a\u80a1\uff0c\u7528\u4e8e\u6536\u8d2dFareHarbor\uff0c\u4e00\u5bb6\u4f01\u4e1a\u5bf9\u4f01\u4e1a\u6d3b\u52a8\u5206\u9500\u670d\u52a1\u7684\u9886\u5148\u4f9b\u5e94\u5546\u30022018\u5e7411\u6708\uff0c\u6211\u4eec\u652f\u4ed8\u4e86$1.34\u4ebf \uff0c\u6263\u9664\u6536\u8d2d\u7684\u73b0\u91d1\uff0c\u4ee5\u5b8c\u6210\u5bf9\u9152\u5e97\u5143\u641c\u7d22\u516c\u53f8HotelsCombined\u7684\u6536\u8d2d\u3002<\/p>\n<p><b>\u6587\u52a0\u3002<\/b><\/p>\n<p>2019\u5e745\u67082\u65e5\u7535 \/\u7f8e\u901a\u793e\/ -- Booking Holdings Inc\uff1a <a href=\"https:\/\/www.prnewswire.com\/news-releases\/booking-holdings-agrees-to-acquire-venga-300842570.html#financial-modal\">BKNG<\/a>\u7f8e\u56fd\u52a0\u5229\u798f\u5c3c\u4e9a\u5dde\u5723\u514b\u62c9\u62c9\u5e02\uff09\u4eca\u5929\u5ba3\u5e03\uff0c\u8be5\u516c\u53f8\u5df2\u5c31\u6536\u8d2d\u9762\u5411\u9910\u9986\u548c\u5176\u4ed6\u4f01\u4e1a\u7684\u5ba2\u4eba\u7ba1\u7406\u5e73\u53f0 Venga \u8fbe\u6210\u534f\u8bae\u3002Venga \u516c\u53f8\u6210\u7acb\u4e8e 2010 \u5e74\uff0c\u603b\u90e8\u4f4d\u4e8e\u534e\u76db\u987f\u7279\u533a\uff0c\u5176 SaaS \u6280\u672f\u53ef\u5e2e\u52a9\u5ba2\u6237\u63d0\u5347\u548c\u4e2a\u6027\u5316\u5ba2\u6237\u4f53\u9a8c\u3002\u6536\u8d2d\u5b8c\u6210\u540e\uff0cVenga \u5c06\u4e0e Booking Holdings \u65d7\u4e0b\u54c1\u724c OpenTable \u7d27\u5bc6\u5408\u4f5c\uff0c\u8fdb\u4e00\u6b65\u6539\u5584\u4e3a\u5176 51,000 \u591a\u5bb6\u9910\u5385\u5408\u4f5c\u4f19\u4f34\u63d0\u4f9b\u7684\u670d\u52a1\u3002<\/p>\n<p><b>Getaroom\/ Etraveli\u3002<\/b><\/p>\n<p>2021\u5e7412\u6708\uff0c\u6211\u4eec\u5b8c\u6210\u4e86\u5bf9Getaroom\u7684\u6536\u8d2d\uff0cGetaroom\u662f\u4e00\u5bb6\u4f01\u4e1a\u5bf9\u4f01\u4e1a\u7684\u9152\u5e97\u5ba2\u623f\u5206\u9500\u5546\uff0c\u4e0e\u6211\u4eec\u7684Priceline\u4e1a\u52a1\u76f8\u7ed3\u5408\uff0c\u6211\u4eec\u5e0c\u671b\u4e3a\u9152\u5e97\u548c\u8054\u76df\u5408\u4f5c\u4f19\u4f34\u589e\u52a0\u4ef7\u503c\uff0c2021\u5e7411\u6708\uff0c\u6211\u4eec\u8fbe\u6210\u4e86\u4e00\u9879\u534f\u8bae\uff0c\u6536\u8d2d\u603b\u90e8\u8bbe\u5728\u6b27\u6d32\u7684\u822a\u73ed\u9884\u8ba2\u4f9b\u5e94\u5546Etraveli\u96c6\u56e2\u3002<\/p>\n<p>2021\u5e7411\u6708\uff0c\u6211\u4eec\u7b7e\u8ba2\u4e86\u4e00\u9879\u534f\u8bae\uff0c\u4ee5\u7ea616\u4ebf\u6b27\u5143\uff08$1.9\u4ebf\uff09\u6536\u8d2d\u5168\u7403\u822a\u73ed\u9884\u8ba2\u4f9b\u5e94\u5546Etraveli\u96c6\u56e2\u3002\u8fd9\u9879\u6536\u8d2d\u7684\u5b8c\u6210\u53d6\u51b3\u4e8e\u67d0\u4e9b\u7ed3\u675f\u6761\u4ef6\uff0c\u5305\u62ec\u76d1\u7ba1\u90e8\u95e8\u7684\u6279\u51c6\u30022021\u5e7412\u6708\uff0c\u6211\u4eec\u652f\u4ed8\u4e8612\u4ebf\u6b27\u5143\uff08\u6263\u9664\u6536\u8d2d\u7684\u73b0\u91d1\uff09\uff0c\u4ee5\u6536\u8d2dGetaroom\uff0c\u4e00\u5bb6\u4f01\u4e1a\u5bf9\u4f01\u4e1a\u7684\u9152\u5e97\u5ba2\u623f\u5206\u9500\u5546<\/p>\n<p>\u72ee\u5b50\u4f1a\u91d1\u878d\u516c\u53f8\u4e0e\u5ba2\u6237\u5408\u4f5c\uff0c\u4e3a\u5176\u63d0\u4f9b\u4f01\u4e1a\u98ce\u9669\u3001......\u98ce\u9669\u7ba1\u7406\u54a8\u8be2\u670d\u52a1\u3002\u98ce\u9669\u7ba1\u7406\u884c\u4e1a\u662f\u4f01\u4e1a\u9762\u4e34\u8bb8\u591a\u98ce\u9669\u7684\u9886\u57df\uff0c\u7ecf\u8425\u8fd9\u4e9b\u516c\u53f8\u7684\u4e2a\u4eba\u4e5f\u662f\u5982\u6b64\u3002\u4e3a\u6210\u529f\u5b9e\u73b0\u516c\u53f8\u76ee\u6807\uff0c\u98ce\u9669\u7ba1\u7406\u5e94\u6210\u4e3a\u89c4\u5212\u7684\u6838\u5fc3\u3002\u98ce\u9669\u662f\u6307\u4e8b\u4ef6\u6216\u6f5c\u5728\u540e\u679c\u7684\u4e0d\u786e\u5b9a\u6027\u3002\u98ce\u9669\u7ba1\u7406\u5c31\u662f\u8bc6\u522b\u3001\u8bc4\u4f30\u548c\u5236\u5b9a\u6218\u7565\u8ba1\u5212\uff0c\u4ee5\u51cf\u5c11\u4e0d\u786e\u5b9a\u6027\u3002\u901a\u8fc7\u98ce\u9669\u7ba1\u7406\u89c4\u5212\uff0c\u53ef\u4ee5\u5e2e\u52a9\u60a8\u66f4\u6709\u6548\u5730\u5206\u914d\u8d44\u4ea7\u3001\u6539\u8fdb\u51b3\u7b56\u5e76\u6700\u5927\u9650\u5ea6\u5730\u964d\u4f4e\u6f5c\u5728\u635f\u5931\u3002\u6211\u4eec\u4e3a\u98ce\u9669\u7ba1\u7406\u884c\u4e1a\u7684\u516c\u53f8\u63d0\u4f9b\u5c3d\u804c\u8c03\u67e5\u3001\u5b9a\u6027\u5206\u6790\u3001\u5b9a\u91cf\u5206\u6790\u3001\u80a1\u4ef7\u5206\u6790\u3001\u5e76\u8d2d\u548c\u5e02\u573a\u8c03\u7814\u7b49\u65b9\u9762\u7684\u652f\u6301\u3002\u5982\u9700\u8fdb\u4e00\u6b65\u4e86\u89e3\u6211\u4eec\u5982\u4f55\u4e3a\u60a8\u63d0\u4f9b\u5e2e\u52a9\uff0c\u8bf7\u8054\u7cfb\u6211\u4eec\u3002<\/p>","protected":false},"excerpt":{"rendered":"<p>Company Overview\u00a0 Booking.com, founded in Enschede, Netherlands, in 1996, is a Dutch online travel agency for lodging reservations &amp; other travel products and a subsidiary [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":11237,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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