Expedia

  • Expedia invests $350M in Traveloka to create Southeast Asia’s newest unicorn

    Expedia invests $350M in Traveloka to create Southeast Asia’s newest unicorn

    Expedia is deepening its focus on Southeast Asia after it invested $350 million in Traveloka, an online travel portal based out of Indonesia. A source close to the deal confirmed that the investment values Traveloka at more than $1 billion. That means the startup has joined the likes of Grab, Sea (formerly Garena), Go-Jek and Lazada in the region’s unicorn club. Expedia said it has picked… Read More

  • Amazon, Expedia and Microsoft to support Washington state lawsuit on Trump immigration order

    Amazon, Expedia and Microsoft to support Washington state lawsuit on Trump immigration order

    Washington Attorney General Bob Ferguson announced Monday that he’s filing suit in federal court against Trump, the Department of Homeland Security and select senior Trump administration officials, seeking a declaration that key portions of Trump’s Executive Order on immigration be declared unconstitutional.  Alongside the lawsuit, Washington-based tech companies Amazon and… Read More

  • Trivago closes up 8% in public debut

    Trivago closes up 8% in public debut

    Hotel search site Trivago went public on Friday, after separating from Expedia. The company priced its shares at $11 and closed the day at $11.85, up 7.73 percent. But this was after pricing at $11 per share, below the $13 to $15 range that had been forecast. The company raised $287 million in the offering and plans to use the capital to focus on growth and potentially make strategic… Read More

  • Trivago files to raise up to $428 million in IPO

    Trivago files to raise up to $428 million in IPO

    German hotel booking site Trivago updated its plans for a U.S. IPO in a filing that came out on Monday. The company expects to price its shares between $13 to $15, a $428 million offering at the top end of the range. Officially named Travel B.V., the company will change its name to Trivago to match its popular web property, before completing the IPO later this month. Expedia will still own… Read More

  • Expedia acquires travel photography community Trover

    Expedia acquires travel photography community Trover

    Online travel agency Expedia has acquired Trover, an app and website where people share their travel photos. The terms of the deal were not disclosed. “At Expedia, it’s fair to say we believe in the power of travel,” an Expedia spokesperson wrote in an email to TechCrunch. “It can transform people. So an important part of our job is to inspire travelers. One way we… Read More

  • TravelPerk gets $7M Series A to take the pain out of booking business travel

    TravelPerk gets $7M Series A to take the pain out of booking business travel

    Barcelona based TravelPerk, a business travel booking platform founded last year by a team of ex-Booking.com employees, has closed a $7 million Series A round of financing led by Spark Capital. Read More

  • Affirm is partnering with Expedia and Eventbrite so you can pay for experiences over time

    Affirm is partnering with Expedia and Eventbrite so you can pay for experiences over time

    Affirm has made it no secret that its success will hinge on its ability to offer customers a wide range of retail partners where they can frequently use Affirm to pay. While the lending startup originally launched with niche partners like Casper mattresses and Boosted Boards, they have expanded partnerships to over 700 retail merchants with the hopes of tempting a more diverse range of… Read More

  • Making The Southeast Asian Travel Connection Crunch Network

    Making The Southeast Asian Travel Connection

    According to Phocuswright, an independent travel and tourism research firm, the global travel market was worth US$1.3 trillion in 2015. The cut in Asia Pacific (APAC) was US$367 billion; of that, the online travel segment was 32 percent of the pie, which totals around US$117 billion. Read More

  • Hospitality Platform ALICE Raises $9.5M Series A Led By Expedia

    Hospitality Platform ALICE Raises $9.5M Series A Led By Expedia

    ALICE, which allows hotels to manage and complete guest requests across various service departments with ease thanks to its intuitive host of mobile suite products, announced today that it had closed a $9.5 million Series A funding round. The round was led by Expedia with participation from Laconia, 645 Ventures, and Neuehouse founders as well. The company has raised $13 million to… Read More