Indonesia-based online travel portal, Traveloka, has picked up $250M in fresh funding to beef up its coronavirus-battered balance sheet. The travel aggregator dubs the capital injection a “stron
Weeks after Facebook invested $5.7 billion in Jio Platforms, India’s top telecom operator, private equity firm Silver Lake is following suit — and is willing to pay a premium for it. Silv
It’s not exactly a secret that the travel industry is in free fall right now as the pandemic has brought the industry to a screeching halt. With nobody moving, travel site Expedia announced that
A move to East Kalimantan would allow for further development in the startup industry, with a focus on ecommerce and sustainability-focused enterprises.
Doctours, a Los Angeles-based online platform for booking trips and treatments for medical and dental care around the world, is expanding its services to 35 countries. Founded by serial travel entrepr
GuestReady, a three-year-old service that lets shared-economy hosts manage their business on Airbnb and other rental sites, has announced a $6 million Series A round. The investment was led by existin
Uber’s chief operating officer Barney Harford and chief marketing officer Rebecca Messina are stepping down as part of an organizational shakeup put into motion just a month after the ride-haili
Canopy, an upscale, profitable developer of co-working spaces, has expanded its footprint in San Francisco to a third location on the heels of a strategic financing round. Co-founded by the product de
Uber finally made its debut Friday on the New York Stock Exchange, ending its decade-long journey from startup to publicly traded company. So far, it’s been a ho-hum beginning, with shares openi
Hotels are convenient but rarely homey. Short-term rentals through Airbnb or HomeAway are often comfy but can be a pain to book and check-in. Business travelers often have to pick the best of two lous
Lightspeed Venture Partners and GIC have co-led the investment in ezCater only 10 months after its $100 million Series D.
The second wave of Internet-era travel companies has captured the attention of venture capitalists.
Travel booking site Expedia wants to better compete with Airbnb.
Only six months ago Barcelona-based TravelPerk bagged a $21 million Series B, off the back of strong momentum for a software as a service platform designed to take a Slack-like chunk out of the admin
It’s almost unheard of to see three unicorns join forces to fund a startup, but that’s exactly what has happened in Indonesia. Ride-hailing company Go-Jek, e-commerce firm Tokopedia and tr
The founding partners of the new Seattle-based venture firm Flying Fish met as angel investors deploying capital in the talent-heavy, cash-light region around Amazon and Microsoft’s corporate h
Since the dawn of the internet, the titans of this industry have fought to win the “starting point” -- the place that users start their online experiences. In other words, the place where they beg
Another day, another breach. Today, online travel agency Orbitz disclosed that hackers managed to get both credit card data and personal information (though no Social Security numbers and passwords) f
Following a big internal meeting at Uber where former Expedia CEO Dara Khosrowshahi announced his plans as the new CEO of Uber, Expedia said today it has named its CFO Mark Okerstrom as its CEO.
Before Uber poached Dara Khosrowshahi to serve as its CEO, he facilitated a $26 million series B round in hotel startup ALICE as CEO of Expedia. The idea with ALICE is to bring technology to the outda