Categories: विज्ञान

Starboard's Jeff Smith says TripAdvisor should consider selling its restaurant booking platform

By Svea Herbst-Bayliss NEW YORK (Reuters) -Starboard Value CEO Jeff Smith said Tuesday TripAdvisor should consider selling its restaurant booking platform TheFork. Smith, who was speaking at an invite-only conference in New York, said TripAdvisor had an "amazing" brand, but "there is a huge opportunity to transform and reimagine the user experience to improve revenue growth." His hedge fund is pressing for change at the travel booking site after building a 9% stake in the company earlier this year.  "TripAdvisor is too cheap for a company that is growing," he said.  (Reporting by Svea Herbst. Editing by Dawn Kopecki and Chizu Nomiyama )

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Inkhabar webdesk

Share
Published by Inkhabar webdesk

Recent Posts

Conviction overturned for one man found guilty in Jam Master Jay's murder

(This December 19 story has been repeated without any changes to the text.) By Steve…

2 hours ago

Golden, juicy, done in minutes: How to nail your first jiaozi

Berlin (dpa) - They are considered the oldest dumplings in China and have inspired similar…

5 hours ago

How does Santa do it all? Quantum physics, that's how, says scientist

To deliver that many presents, Santa Claus would be burned up at the sheer speed…

5 hours ago

Third 'Avatar' film lights up global box offices

By Lisa Richwine Dec 21 (Reuters) - Director James Cameron's third "Avatar" movie kicked off…

18 hours ago

Third 'Avatar' film lights up global box offices

Dec 21 (Reuters) - Director James Cameron's third "Avatar" movie adventure racked up roughly $345…

20 hours ago

Third 'Avatar' film lights up box offices with $345 million opening

Dec 21 (Reuters) - Director James Cameron's third "Avatar" movie adventure racked up roughly $345…

20 hours ago