Outstanding Ordinary Shares as of
March 31, 2018
Name of Beneficial Owner
Number %
% Shareholders:
Tiger Global(1)
30,204,172 43.7
Expedia, Inc.(2)
9,590,623 13.9
General Atlantic Partners(3)
3,175,223 4.6
Outstanding Ordinary Shares as of
March 31, 2019
Name of Beneficial Owner
Number %
% Shareholders:
Funds Affiliated with Tiger Global(1)
12,271,960 17.8
Expedia, Inc.(2)
9,590,623 13.9
Outstanding Ordinary Share
as of March 31, 2020
Name of Beneficial Owner
Number %
% Shareholders:
Funds Affiliated with Tiger Global(1)
9,256,550 13.29
Expedia, Inc.(2)
9,590,623 13.77
Under the first share repurchase program, the Company purchased 1,525,632 shares at a cost of $20.6 million with a weighted average cost per share of $13.54, for the period ended December 31, 2019 and 1,544,475 shares at a cost of $ 26 million with a weighted average cost per share of $16.84, for the period ended December 31, 2018.
Under the new share repurchase program, the Company purchased 1,938,200 shares at a cost of $21.6 million with a weighted average cost per share of $11.13 for the period ended December 31, 2019.
As of December 31, 2019, $78.4 million remained available for repurchase under the current authorization.