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Home > Company Index > Media > Internet & Online Content Providers > priceline.com Incorporated

priceline.com Incorporated
Nasdaq: PCLN
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 NEWS FROM THE WIRES
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
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
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
Cheap Tickets, Inc. (CTIX)
Expedia, Inc. (EXPE)
Travelocity.com Inc. (TVLY)

 DEALS
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
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

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
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
• Richard S. Braddock
    CEO
• Bob Mylod
    CFO

 CONTACT INFO
800 Connecticut Ave.
Norwalk, CT 06854
US
Phone: 203-299-8000
Fax: 203-299-8948
Online: Web Site

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