travel company

travel company

10 Things You Need To Know This Morning

www.businessinsider.com
Good morning! Here's the news: Groupon's stock crashed yesterday after missing on revenue expectations, despite the fact that the company reported a profit for the first time in its recent history. The big red flag for investors was that Groupon's billings declined from last quarter because the company's core business,...
10 Things You Need To Know This Morning

Priceline.com Acquires Kayak For $1.8 Billion

techcrunch.com
Online travel site Priceline.com just announced that it has agreed to acquired the travel search engine Kayak for $1.8 billion. Priceline will pay $40 per share for Kayak. About $500 million of the purchase price will be in cash and the other $1.3 billion in equity and stock options. Kayak...
Priceline.com Acquires Kayak For $1.8 Billion
Play this: 'Pyongyang Racer' is the first game developed in North Korea for Western audiences

CasaHop's Co-Founder Florent Peyre Leaves The 'Airbnb Killer' Just 6 Months After Launch

www.businessinsider.com
Earlier this year, Paul Berry and other ex-Huffington Post executives created SoHo Tech Labs to launch and incubate startups. One of the first startups they launched was CasaHop, which was positioned to threaten home rental company, Airbnb. It raised $1.2 million from investors such as First Round Capital and David...
CasaHop's Co-Founder Florent Peyre Leaves The 'Airbnb Killer' Just 6 Months After Launch

Kayak And Palo Alto IPOs Looking Better Than Facebook's (Whew!)

techcrunch.com
Happy IPO Friday! Two tech startups are making their public debuts today: Palo Alto Networks and Kayak Software, and so far, so good on both. Morgan Stanley, scapegoat for the troubled Facebook IPO brouhaha, is leading both, for what it’s worth. Kayak priced its IPO last night at $26 per...
Kayak And Palo Alto IPOs Looking Better Than Facebook's (Whew!)

Facebook's collateral damage: Kayak's IPO

news.cnet.com
The online travel company is reportedly reconsidering when it wants to go public after watching Facebook's poor performance. [Read more]...
Facebook's collateral damage: Kayak's IPO

DealBook: Priceline.com Agrees to Buy Kayak for $1.8 Billion

dealbook.nytimes.com
Priceline, a travel company from an earlier Internet age, is buying Kayak, its younger rival, for $40 a share, Kayak announced on Thursday....
DealBook: Priceline.com Agrees to Buy Kayak for $1.8 Billion

Kayak Software seeks to raise $87 million in IPO

news.cnet.com
Online travel company, which originally filed to go public in 2010, put its IPO plans on hold in May after Facebook's stock plunge. [Read more]...
Kayak Software seeks to raise $87 million in IPO

TripAdviser files competition complaint against Google

www.guardian.co.uk
Travel website accuses search giant of anti-competitive and unfair behaviour and files complaint with European CommissionGoogle is under growing threat of being charged with stifling competition by the European Commission, after TripAdvisor became the latest in a string of companies to file a complaint against the search giant.TripAdvisor has accused...
TripAdviser files competition complaint against Google

Airbnb Hires Facebook's Mike Curtis as Head of Engineering

allthingsd.com
Airbnb has hired Mike Curtis to fill a new role as its VP of engineering, the peer-to-peer travel company said today. Curtis, who started at Airbnb a week ago, was previously a director of engineering at Facebook, where he had worked on the company’s growth team since 2011. Airbnb now...
Airbnb Hires Facebook's Mike Curtis as Head of Engineering
Palo Alto Networks jumps 31 percent out of the IPO gate

Company Muse Makes Your Job Search Less Sucky

www.fastcompany.com
Typically, you don't know what it feels like to work at a company until you actually start the job. A new website wants to fix that.Kathryn Minshew is one of three founders of the Daily Muse, a career-oriented media site for women that launched in September of 2011. In between...
Company Muse Makes Your Job Search Less Sucky

Here's How Sequoia And Greylock Celebrated Their 45X Return On Palo Alto Networks (PANW, KYAK)

www.businessinsider.com
Officially, as major investors with board seats on companies that just went public, venture-capital firms aren't supposed to talk about their IPO hits. But Sequoia Capital and Greylock Partners are letting their websites do the talking in the case of Palo Alto Networks, a security-hardware firm whose shares closed up...
Here's How Sequoia And Greylock Celebrated Their 45X Return On Palo Alto Networks (PANW, KYAK)

Expedia shares soar 11% as profits beat expectations

www.geekwire.com
Shares of Expedia jumped more than 11 percent as the Bellevue online travel company reported stronger revenue and profits than analysts expected in part buoyed by hotel room sales in Asia-Pacific and Europe. Revenue grew 17 percent to $1.19 billion, while adjusted net income increased four percent to $188 million,...
Expedia shares soar 11% as profits beat expectations
TripAdvisor sets sights on social travel planning with Wanderfly buy

OnTrade debuts a B2B deal marketplace for travel industry professionals

thenextweb.com
OnTrade has launched a new B2B platform, dubbed OnTrade Travel, that allows travel industry professionals to connect, interact and close deals online. Described as a hybrid of social media, lead generation and deal making, OnTrade Travel lets both sides of the equation – buyers and suppliers – set up a...
OnTrade debuts a B2B deal marketplace for travel industry professionals

Travel company sees $25 in bookings for every $1 spent using Facebook Custom Audience targeting

www.insidefacebook.com
Facebook ad optimization company AdParlor says the new “Custom Audience” feature for targeting users by email address has delivered 25x return on investment for one client. AdParlor says it enabled a “large forward-thinking travel company” to run ads directed at Facebook users who had previously stayed at one of its...
Travel company sees $25 in bookings for every $1 spent using Facebook Custom Audience targeting
Utrip debuts new feature that lets food and travel experts plan your vacation
What does it take to turn around a Web company? A look inside the only two we've ever seen
Google Slaps $100M Golden Handcuffs On Wildfire To Retain Employees After $350M Acquisition

Google adds real-time service alerts for the London Underground to Google Maps

thenextweb.com
Continuing to update its Maps service ahead of the 2012 London Olympics, Google has today rolled out real-time service alerts for the London Underground, keeping commuters and travellers notified of any potential disruptions to their journeys. Providing service alerts via the UK Google Maps website and on Android devices, Google...
Google adds real-time service alerts for the London Underground to Google Maps
In Texas, an e-commerce pioneer fights patent on "look and feel" of websites

Kayak's First Public Quarter Returns Record Revenues

allthingsd.com
In its first earnings report as a public company, Kayak reported record revenues to beat analyst expectations. The online travel company said second-quarter revenues totaled $76.9 million, a 36 percent increase over the same period a year earlier. Wall Street was forecasting sales of $75.3 million for the quarter, according...
Kayak's First Public Quarter Returns Record Revenues

Location-Based Tour Guide App Stray Boots Raises $2M As It Looks To Expand Mobile Reach

techcrunch.com
Stray Boots, a New York-based startup that got its start delivering guided tour scavenger hunt games to tourists and city dwellers around the world via SMS, and which recently made the move to mobile apps, today announced a new $2 million Series A funding round, led by Milestone Venture Partners and including...
Location-Based Tour Guide App Stray Boots Raises $2M As It Looks To Expand Mobile Reach

Lerer Ventures Hires An Obama Electioneer to Run Its Incubator

allthingsd.com
If you worked on Barack Obama’s 2012 campaign, you got to spend the end of the year basking in praise for the tech-savvy operation’s exploits. Then you had to get a new job. So Ashley Arenson moved from Chicago, where she spent a year-plus as Obama for America’s “Director of...
Lerer Ventures Hires An Obama Electioneer to Run Its Incubator

Expedia paying $632 million to buy majority share of German travel company Trivago

www.geekwire.com
Expedia is expanding its presence in Europe today with an announcement that it has acquired 61.6 percent of Trivago, a 7-year-old Düsseldorf, Germany-based hotel search company. Bellevue-based Expedia is paying $632 million for the stake, with the deal expected to close in the first half of next year. “We are very...
Expedia paying $632 million to buy majority share of German travel company Trivago
The travel startup fallout is here. Will anyone survive?

As Shares Trade Higher, Kayak CEO Says the IPO Went Exactly as Planned

allthingsd.com
After a long-delayed public offering, Kayak co-founder and CEO Steve Hafner said he wouldn’t have done anything differently. “In terms of the IPO, no,” he said in an interview with AllThingsD after ringing the Nasdaq opening bell. “It went exactly like I wanted it to.” Kayak originally filed to go...
As Shares Trade Higher, Kayak CEO Says the IPO Went Exactly as Planned

Facebook, Twitter, Pinterest, And Social Media Marketing: Three Trends

www.businessinsider.com
Yesterday Orbitz CEO Barney Harford defended his company's targeted pricing -- offering Mac users more expensive hotel options than those offered to PC users -- by using Twitter to send out a clarification.  As Harford's succinct response shows, social media has grown beyond a conversation tool to help companies manage...
Facebook, Twitter, Pinterest, And Social Media Marketing: Three Trends

Startup Spotlight: Utrip aims to take the headache out of travel planning

www.geekwire.com
Planning a vacation can sometimes be more stress than it’s actually worth.  Flight times, tickets, events, hotels, transportation, food — it’s all just a big headache. Seattle’s Utrip wants to do all of that work for you, removing the need for you to spend hours flipping through guide books. The service allows...
Startup Spotlight: Utrip aims to take the headache out of travel planning
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