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Search results for “Sequoia”
Meituan-Dianping gets $4 billion funding, backed by Tencent, Priceline
10/19/2017
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1:45:41 PM
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China’s local service platform Meituan-Dianping has received USD 4 billion investment, backed by Tencent and The Priceline Group. It is valued at USD 30 billion after the financing.
Mobike, Ofo in talks to merge China's biggest bike-sharing startups
10/09/2017
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11:38:31 AM
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Mobike and Ofo are in early talks to push China’s two largest bike-sharing startups into a merger, aimed at ending a costly competitive battle and creating a single dominant player in the business.
Budget hotel platform OYO launches asset management to trim losses
08/29/2017
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10:06:14 AM
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With losses of over USD 50.6 million in FY17, OYO launched asset management service to bring losses under control and enhance business growth.
Alibaba-backed Paytm in talks to acquire B2B travel company Via.com
09/28/2017
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11:20:36 AM
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Digital payments major Paytm has entered into discussions to acquire online travel company Via.com. Paytm projected annualised GMV of $2 billion for its travel business by March.
OYO flexes muscles with $250 million raise, looks beyond India
09/08/2017
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1:28:06 PM
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OYO's CEO Agarwal claims that 95% of its inventory is sold direct and the company is looking to develop capabilities to add 10,000 rooms a month to its platform.
Online travel firm Despegar aims to raise $100 million in IPO
08/16/2017
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4:02:15 PM
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Latin American online travel provider Despegar.com Corp on Tuesday filed to raise up to $100 million in IPO. Its primary customer base is travelers from Latin America, and it had $2.1 billion in gross bookings during H1 2017.
Expedia makes minority investment of $350 million in Traveloka
07/28/2017
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1:01:24 PM
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Expedia is investing $350 million in Indonesia-based Traveloka, which has developed a large online flight and hotel booking service. It represents its strategy of investing large amounts in relatively few industry leaders.
Airbnb teams with Sequoia, China Broadband to expand in Chinese market
08/19/2015
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11:20:35 PM
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Airbnb is partnering with Sequoia China and China Broadband Capital, which contributed to a $1.5 billion investment, to find a CEO for its China operations.
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