

Darren Huston:
As you know we had a great second quarter a 34% bookings growth 31% net income growth and we think our forecast for the third quarters prudent reflects the fact the euro is down a little bit against the dollar.
We're also making investments though in offline marketing in our open table acquisition and a number of other things but we're feeling really good actually about the health of the busines.
CNBC:
We have two big deals to talk about let's talk about the most recent why are you investing half a billion dollars in the Chinese online player Ctrip to buy that that 10 percent stake what does that do for your business.
Well Simon you know it travels inherently business where you go from somewhere to somewhere and being a global business obviously is very important to a travel business like the Priceline group and china is the next big market for travel by 2020.
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