The deal marks Traveloka’s first publicly disclosed investment in a tech startup.
Gillian Tans has been appointed to the role of Chairwoman of Booking.com and Glenn Fogel, CEO of Booking Holdings, will take on an expanded role that includes CEO of Booking.com.
This acquisition brings Getaround into seven European countries.
Add yet another integration to the docket for American Express Global Business Travel. They have plenty of experience with this by now.
Airbnb Luxe will begin adding luxury inventory in major metropolitan cities, starting with the addition of at least 12 cities this year.
Luxembourg is the fastest, with a median time of 15.5 minutes. The slowest is Kansai, outside of Osaka, Japan, with a median time of 80.5 minutes.
But OYO’s market and funding dominance doesn’t mean Jain and investors don’t have other options.
Digital platforms don’t have corporate governance at the local level and inevitably fall short when it comes to health and safety, licenses and insurance.
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