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Home > Company Index > Media > Internet & Online Content Providers > priceline.com Incorporated
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priceline.com Incorporated |
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NEWS FROM THE WIRES |
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HEADLINE STOCKS-U.S. stocks to watch on Aug 22 Aug 22 2001 04:05 AM PDT
Priceline.com CEO sells 11 pct of his stake Aug 21 2001 02:25 PM PDT
Venezuela mkts slip on holiday doldrums, Argentina Aug 06 2001 02:27 PM PDT
NEWSMAKER-Walker watches from sideline as Priceline rebounds Aug 02 2001 01:05 PM PDT
U.S. stocks set to rally at open, Intel helps Aug 02 2001 05:51 AM PDT
> More WIRE STORIES about this company
NEWS FROM THE STANDARD |
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Priceline Feels Fine
Aug 01 2001 08:04 AM PDT
Priceline Is Finally on the Ascent
Jul 31 2001 04:19 PM PDT
The Russell 3000 Is Changing - Why Do We Care?
Jun 08 2001 12:25 PM PDT
A Fallback Position
Jun 06 2001 09:25 AM PDT
If It's Wednesday, That Must Be Traveling Music
Jun 06 2001 08:20 AM PDT
PROFILE |
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priceline.com would like to name itself the king of e-commerce. At priceline.com's Web site, buyers can "name their own price" for airline tickets, home financing, hotel rooms, new cars (in selected states), rental cars, and telephone long distance. WebHouse Club, which licensed the company's technology to allow buyers to bid on grocery products, shut down in 2000. Founder Jay Walker (who resigned as vice chairman at the end of 2000) owns 18% of the company with plans to reduce his stake further. Other investors include Cheung Kong (Holdings) Limited (15%), Hutchison Whampoa Limited (8%), and General Atlantic Partners (8%). Delta Air Lines holds warrants for 13% of priceline.com.
COMPETITION |
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Cheap Tickets, Inc. (CTIX)
Expedia, Inc. (EXPE)
Travelocity.com Inc. (TVLY)
DEALS |
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Deal: Priceline.com Gets $50 Million From Asian Firms
Date Announced: 02.15.01
Value of transaction (US $Mil): 50
Description: Just as Priceline.com posts a $25 million loss for the 4th quarter of 2000, 2 Asian companies announce a $50 million investment in Priceline. Hutchison Whampoa Limited and Cheung Kong Holdings purchased 24 million shares of Priceline.com common stock.
> Search all deals for this company
TRACKERS |
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Feb. 15, 2001 - LAYOFF TRACKER
33 laid off
Description: Attempting to save on administrative costs, according to a company press release.
Dec. 07, 2000 - LAYOFF TRACKER
48 laid off
Description: Refocusing resources on core business. Postponing business-to-business, cellular and insurance initiatives.
> More LAYOFF NEWS
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 1,235.40
1-Yr. Sales Growth: 156.1%
Employees: 359
Revenue per employee: $3,441,225.63
KEY PEOPLE |
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Richard S. Braddock
CEO
Bob Mylod
CFO
CONTACT INFO |
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800 Connecticut Ave.
Norwalk, CT 06854
US
Phone: 203-299-8000
Fax: 203-299-8948
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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