Priceline Writes Down Value of OpenTable by $941 Million

The video discusses the financial challenges faced by a company after a costly acquisition, highlighting the need for strategic adjustments. It covers Open Table's growth strategy, focusing on international expansion and technology investments. The discussion also touches on stock performance, regional market needs, and competition from emerging companies like Airbnb. The company's efforts to establish a strong market position through acquisitions and network building, particularly in Europe, are also examined.

What were the main challenges faced by the company after their acquisition?

How did the company's post-acquisition strategy impact its growth?

What factors contributed to the company's decision to take a more measured approach to growth?

In what ways does the necessity of using Open Table vary by location?

What advantages did Priceline have in the hotel market compared to Open Table?