The price of airfare is an ongoing point of frustration for travelers, especially considering that it feels like airlines find every conceivable opportunity to shake you down for a few more bucks. Many startups and businesses have come and gone trying to find a way to give leisure travelers access to cheaper airfare, as airlines just keep shutting them down. The reason? Airlines make more money… → Read More
Car insurance is a necessary evil for all drivers. Of course, if you don’t happen to be accident prone, paying expensive monthly or annual bills is a headache and seems equivalent to setting your wallet on fire. Of course, insurance companies are great at reminding us that the world is a wild and dangerous place and that more coverage equals better protection from the vagaries of the road and… → Read More
It was just over two months ago that Kayak and Priceline sent ripples through the online travel industry with a blockbuster deal in which Priceline shelled out a whopping $1.8 billion to acquire the recently-public travel search engine. Kayak was able to claim such a hefty premium for a simple reason: By indexing a laundry list of travel sites and airlines to help everyday travelers find the best… → Read More
Over the last few years, the travel industry has begun to undergo significant change, as startups and incumbents have fought to bring the disparate parts of a highly regulated industry online. Much of the attention from consumer web businesses has focused on making travel more “social,” improving discovery and helping travelers figure out what to do at destinations of choice. Today, there’s a… → Read More
Last week, Priceline.com acquired Kayak for $1.8 billion. That’s more than twice what Google paid for ITA back in 2010. Why did Priceline make this move? And why now?
Priceline acquired Kayak for $40 a share, about $500 million in cash, $1 billion in Priceline equity, and about $300 million in stock options. Kayak got a premium price — a 29 percent premium, to be exact — from Priceline… → Read More
Online travel site Priceline.com just announced that it has agreed to acquired the travel search engine Kayak for $1.8 billion. Priceline will pay $40 per share for Kayak. About $500 million of the purchase price will be in cash and the other $1.3 billion in equity and stock options. → Read More
It’s been a long time in coming. After first filing to go public in late 2010, Kayak finally came to market today debuting as a public company on NASDAQ, trading under “KYAK.” The travel bookings company has hit its fair share of bumps along the way, thanks to unsteady market conditions, erratic earnings, and a departing CFO.
All that has been washed away over the last 48 hours (at least for… → Read More
Kayak is expanding into Russia, it seems. Thanks to handy news source LinkedIn (yes, really), one Mr. Andrew Verbitsky changed his profile to read “Managing Director Russia & CIS at KAYAK,” and has apparently held that position since May. The news was spotted by Quintura, which posted details to its blog, also noting that the Kayak.ru domain now forwards to Kayak.com. Verrrry interesting. → Read More
Happy IPO Friday! Two tech startups are making their public debuts today: Palo Alto Networks and Kayak Software, and so far, so good on both. Morgan Stanley, scapegoat for the troubled Facebook IPO brouhaha, is leading both, for what it’s worth. Kayak priced its IPO last night at $26 per share, and is looking to raise $91 million at a valuation of $1 billion. Originally, the travel company was … → Read More
At the end of August, mobile TV and video platform MobiTV filed its S-1 and announced its plans for a $75 million initial public offering. Founded in 1999, the company had been one of the early movers in the movement to bring live and on-demand TV to mobile devices, which led to partnerships with NBC, ESPN, Disney, CBS, and a bunch of other sizable media companies. The company closed over $100… → Read More
Kayak’s perpetually-delayed IPO finally moved forward today, as the company has officially announced it has priced its shares between $22 and $25, and will begin trading on the NASDAQ under the ticker symbol “KYAK.”
In the most recent SEC filing, the company said it’s going to offer 3.5 million shares, in a deal led by Morgan Stanley – Stanley’s first since the Facebook IPO. Other banks… → Read More
Amazon’s Kindle Fire is one of the most popular Android-powered tablets, but it doesn’t feature a GPS chip. Given how important location-based services have become, that’s a bit of a drawback for many developers and quite a few apps that want to access location features on Amazon’s tablet actually crash. To avoid these issues, Kayak teamed up with Skyhook to provide location services for its… → Read More
Travel search giant Kayak just posted new revenue numbers for the fourth quarter and full year 2011 in a new S-1 filing with the SEC. As we heard last September, Kayak put its IPO plans on hold until market conditions improve. Now that the markets are more stabilized, it should be interesting to see when Kayak makes the push to become a public company. For the year Kayak generated $224.5 million… → Read More
After debuting direct booking for hotel reservations, travel search engine Kayak is expanding this option to airline flights. This feature is initially only available for Air Canada but Kayak will be adding more airlines in the future.
Previously if you wanted to book a flight using Kayak’s search engine, you would click-through to the airline or partner site to book the reservation. Kayak… → Read More
Kayak is boosting its hotel search today with the integration of hotel reviews from TripAdvisor into search results. Via an agreement with the reviews giant, Kayak will be integrating all all TripAdvisor reviews into the Kayak Hotel Search. Simply put, when you search for a hotel on Kayak, all of the over 60 million TripAdvisor reviews will be included in the KAYAK search results.
In October… → Read More
After redesigning its iPad app and consolidating the app with its iPhone cousin, travel search company Kayak is updating the UI for its web search portal today. The aim with the redesign is to create a more universal and comprehensive consumer experience across all Kayak platforms: web, mobile web and apps.
One of the biggest changes users will see is that there is considerable more white space… → Read More
Travel search engine Kayak has is announcing a new board member today—HomeAway Founder and CEO Brian Sharples. He joins fellow Kayak board members Michael Moritz, Joel Cutler, Terrell Jones, Hendrik Nelis, and Gregory Stanger
Sharples co-founded vacation rentals giant HomeAway in February 2005 and helped lead the company to a public offering in June 2011. Prior to HomeAway, he was president… → Read More
Kayak is announcing a major update to its iPad app today. The travel search giant has made its iPhone and iPad apps universal, adding a bunch of new features to the tablet version of the app.
The free app has gotten a huge UI makeover, with redesigned flight and hotel search, including an easier to use calendar. The app has been totally redesigned in terms of layout. Kayak has also added car… → Read More
As AllThingsD reported in September, travel search engine Kayak has put its IPO on hold until market conditions improve. Kayak filed its S-1 for a public offering nearly a year ago. Today, the company just filed a new S-1 with its revenue numbers from the third quarter ended September 30, 2011.
During the most recent quarter, Kayak posted $61.16 million in revenue, up 28 percent from the same… → Read More
Most power airfare searchers know that buying two one-way tickets on separate airlines can sometimes be cheaper than buying a roundtrip ticket on the same airline. But on most travel search portals you have to do a little digging to find these one way fares, and sites like Kayak wouldn’t pair two one-way fares from different airlines. Today, Kayak is integrating these fares, which the company has… → Read More
Bubble or not, 2011 may go down as the year of the tech IPO. Not since the last bubble have we seen so many technology companies clamoring to go public. And halfway through the year, we still have many more companies who will be listing on either the NASDAQ or the NYSE in the next six months. Here’s a roundup of the tech companies that have gone public, where they are trading now, and who we can… → Read More
Late last year, travel search engine Kayak filed for an IPO, aiming to raise $50 million. The company just released a new version of its S-1 today, with updated financials. The company will list its stock on the NASDAQ under the symbol “KYAK.”
For the three months ending March 31 of this year, Kayak generated $53 million in revenue, which is up 43 percent from the same period in 2010. Net… → Read More
GroundLink — a New York City transportation technology and travel services business — released a new mobile app this week. The second iPhone app from the company, GroundLink allows users to book a hybrid, electric or otherwise clean-vehicle car, shuttle or limo to get around cities around the world.
Users can also opt to book a ride by lowest price, highest service rating or soonest and… → Read More
Travel search engine Kayak just filed an S-1 statement with the SEC for a proposed initial public offering. The company hopes to raise $50 million, according to the filing.
Here are some interesting stats included in the filing. For the nine months ended September 30, 2010, Kayak generated $128 million in revenues, growing by 48% from last year. For the third quarter ended September 30, Kayak… → Read More
German travel search engine Swoodoo has been acquired by the leading U.S. flight search engine Kayak.
Although Kayak has lots of cash in the bank and is a major player in the US, it is still not well known in Europe, hence its need to make an incursion here. Financial terms of the acquisition have not been disclosed but we hear on the grapevine that T-Venture and Deutsche Telekom were “very happy… → Read More
German travel search engine Swoodoo has been acquired by the leading U.S. flight search engine Kayak.
Although Kayak has lots of cash in the bank and is a major player in the US, it is still not well known in Europe, hence its need to make an incursion here. Financial terms of the acquisition have not been disclosed.
Swoodoo was founded in 2006 in Germany and since then has established its… → Read More
In preparation for the launch of the iPad tomorrow, iPad Apps are live in iTunes and we’re sorting through the best ones as fast as we can. But with more than 2,000 iPad apps in the App Store, the choices are already daunting.
To help you find the best apps at launch, we’ve put together the definitive list below. It includes all the iPad apps reviewed on TechCrunch, as well as other promising… → Read More
Discount travel site Kayak has launched a new version of its popular, free iPhone app. The new app, which is already in App Store, includes a trips management tool, an upgraded user interface and faster search.
New features and upgrades include a two-dimensional desktop-style navigation system, an enhanced flight, hotel and car search design including a new scrolling calendar, faster search and… → Read More
DealBase.com, an online database devoted to aggregating hotel deals and packages, has secured $1 million in Series A funding from angel investors including Russ Siegelman, a partner at Kleiner Perkins Caufield & Byers; Bob Zipp, managing director of Amicus Capital; and Josh Hannah, general partner at Matrix Partners and former CEO of eHow.com.
Launched in November 2008, DealBase crawls the… → Read More
Austin, TX
Seattle, WA
San Diego, CA
Menlo Park, CA
San Francisco
San Francisco, CA
