Priceline is an online travel agency. Priceline helps users purchase air tickets, book hotels, accommodations, and provide travel guides and other information. Priceline is not a supplier of travel services, but a distributor. Priceline is headquartered in Norwalk, Connecticut, USA. Hong Kong Cheung Kong Holdings Limited acquired most of Priceline’s stock.
In November 2012, Priceline announced that Priceline had acquired Kayak for US$500 million in cash and US$1.3 billion in stock. Kayak will continue to operate independently as a subsidiary of Priceline. Priceline was founded in 1997. In 2011, Priceline had 3,400 employees.
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