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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.Darren Huston: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.Watch Full Video @
