Techmeme

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Deanna Ting / Skift:
Airbnb rebrands as Aibiying in China, plans to triple workforce and double investment in the country in 2017, integrates with Alipay and WeChat   —  But the bigger question remains: Can it successfully compete with the reigning “Airbnb of China,” Tujia?  —  Continuing on his global tour of six cities …
Mar 22, 2017, 12:45 AMIn context
Sean O'Neill / Skift:
French house swapping platform GuestToGuest raises $35M, buys US-based rival HomeExchange   —  Selfie by a home-swap enthusiast.  GuestToGuest looks to succeed where Couchsurfing has struggled.  Ashley Schwartau  —  Skift Take: Let's hope that GuestToGuest's bet on home-swapping ends better …
Mar 13, 2017, 5:00 AMIn context
Dennis Schaal / Skift:
Priceline Group buys European travel search firm Momondo for $550M, its largest acquisition since purchasing OpenTable for $2.6B in 2014   —  Momondo Group CEO Hugo Burge in the company's London headquarters.  The Priceline Group acquired the group of metasearch sites in an all-cash deal.  Momondo Group
Feb 8, 2017, 12:30 PMIn context
Dennis Schaal / Skift:
Priceline appoints 16 year company veteran Glenn Fogel as new CEO   —  The Priceline Group named Glenn Fogel, a longtime key executive at the company, as its CEO effective January 1, 2017.  The Priceline Group  —  Skift Take: The selection of Glenn Fogel as CEO is likely one that will please Wall Street …
Dec 18, 2016, 10:05 PMIn context
Dennis Schaal / Skift:
Trivago closes up 7.73% on its first day of trading, valuing company around $4B after raising $287M in an IPO   —  Hotel-search site Trivago will have more to spend on advertising like this after its shares debuted on Nasdaq with a $4 billion market cap at the end of the first day of trading.  Trivago
Dec 16, 2016, 6:00 PMIn context
Dennis Schaal / Skift:
Hopper flight booking app raises $61M Series C after raising $12M in March and growing sales 23X in the past year, to about $1M in gross bookings a day   —  Pictured are representations of Hopper's apps.  Hopper enables consumers to track flights, and counsels them whether to wait or buy now for the best deal.
Dec 16, 2016, 2:30 PMIn context
Dennis Schaal / Skift:
Priceline writes down $941M of OpenTable's value and pares down expansion plans for the service, which it had acquired in 2014   —  SKIFT TAKE  —  There have long been rumblings that the OpenTable acquisition was problematic for the Priceline Group.  Now we learn the depth of the problem — a $941 million impairment charge.
Nov 14, 2016, 7:10 AMIn context
Deanna Ting / Skift:
Airbnb bans hosts in New York and San Francisco from listing multiple homes starting Nov. 1, will update tech to limit NYC listings to one address per person   —  Supporters of Airbnb hold a rally outside City Hall in New York.  Today, Airbnb announced new policies in an attempt to alleviate concerns …
Oct 19, 2016, 11:30 PMIn context
Skift:
SAP's corporate travel firm Concur to buy the consumer flight and hotel search site Hipmunk, which has raised $55M in funding to date   —  Hipmunk rolled out new features in August.  Today the metasearch site was bought by travel giant Concur.  Hipmunk  —  Skift Take: Six years …
Sep 13, 2016, 5:55 PMIn context
Dennis Schaal / Skift:
Interview: Expedia CEO Envisions Direct Competition With Airbnb Over Next Few Years   —  Expedia Inc. CEO Dara Khosrowshahi thinks the competition with Airbnb has been a sideshow but will be increasingly direct in coming years as Expedia and HomeAway build up apartment and home inventory in cities.
Nov 30, 2015, 4:00 AMIn context

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