- In addition to making downbeat comments about TripAdvisor's (TRIP -8.5%) summer performance, CEO Steve Kaufer stated Expedia (EXPE -1%) is once more ramping its ad bidding activity on the site, following a Q2 slowdown.
- Expedia took a conservative bidding approach on TripAdvisor in Q2, which in turn took a toll on sales and contributed to Priceline's (PCLN -1%) share gains.
- Deutsche recently reported Expedia regained share from Priceline on TripAdvisor in July.
TripAdvisor CEO: Expedia once more bidding strongly
Aug 14 2013, 14:36 ET