Booking Holdings takes $900 million hit to quarterly revenue linked to FTC action

Nov 3: Priceline parent Booking Holdings said on Tuesday it recorded a $900 million reduction in revenue and accrued a loss of $100 million related to an FTC action involving its subsidiary’s connection to deceptive hotel ads. As a result, the online travel agency’s third-quarter revenue declined 1 per cent y

Read full story on Channel Newsasia