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Search results for “unicorns”
The threat in Ctrip’s internationalization and the opportunity for travel startups
02/05/2019
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8:17:19 AM
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With competitive services, quality control and lower cost, the established players usually gain the greatest traction in user traffic and capital support, and will ultimately dominate the fragmented markets.
Amadeus invests in Asia Pacific technologies before they land in travel
01/22/2019
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9:36:05 AM
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Being heavily reliant on technologies to drive its growth, Amadeus sees both external startup incubating and internal pilot research crucial for long-term prosperity; but the company is not alone in this run.
OYO unlocks homes in Dubai, while facing hotel lobby rails
01/10/2019
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4:35:23 PM
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The Budget Hotel Association of Mumbai has reportedly said that it is planning a city-wide boycott of hospitality unicorn OYO, which has been facing severe criticism from hotel owner associations over its policies.
Home rental startup ZoloStays raises $30 million led by Nexus Venture Partners
01/08/2019
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2:15:51 PM
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ZoloStays’ revenue from operations stood at $3.88 million for FY18 while it incurred a loss of $576.24K. The startup plans to clock $14.4 million in revenue in the next financial year.
Qunar.com sets up RMB 30 million Desert Fund to groom internal startups
12/20/2018
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11:55:45 AM
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Many entrepreneurs are leaving innovation hub Beijing Zhongguancun to join leading enterprises to start their business as an internal division.
Travel industry giant Expedia Group still sees room to grow
12/19/2018
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6:34:09 PM
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Expedia’s first 20 years were all about traffic, the next 25 years about putting the A back in OTA—doing what the travel agent used to do.
Traveloka has bought Indonesian rival Pegipegi, two others for $66.8 million
12/18/2018
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11:33:44 AM
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Traveloka has acquired three online travel agencies (OTAs) – Indonesia’s Pegipegi, Vietnam’s Mytour, and the Philippines’ Travelbook – for USD 66.8 million earlier this year.
Southeast Asia’s online travel to reach $30 billion in 2018, $78 billion in 2025
11/20/2018
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5:37:23 PM
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Southeast Asia’s online economy reached $72 billion in value this year, and is projected to triple to $240 billion by 2025.
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