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Posts Tagged ‘ Expedia ’

Inder Sharma: This serial entrepreneur builds businesses to sell

Monday, January 2, 2017 | More »

Inder Sharma
When Inder Sharma bought the domain Hotel.com during the Internet boom in 1996, he was very confident that this would become a big business one day. But, rather than running the site, which offered discounted hotel room reservations, he sold it to Expedia for $7 million in 2002. The reason behind se...


Expedia to buy Orbitz for $1.6B

NASDAQ-listed Expedia, Inc is acquiring Orbitz Worldwide, Inc, a rival online travel service provider at an enterprise value of $1.6 billion including around $260 million debt, in a move which would arguably push it just marginally ahead of arch rival Priceline as the top player in the industry. The...

13 February, 2015 | More »


Internet companies, stung by earnings, still look pricey

Expedia Inc can send people to destinations around the world, but it can’t send investors back in time so they can avoid the stock’s massive selloff on Friday. The stock’s 25 per cent fall is its worst in seven years, becoming the latest in what is shaping up as a rough quarter for...

29 July, 2013 | More »


App Tracker: A no-holds-barred look at how the apps of OTAs stack up

Are you a Gen Y traveller, digging up more travel apps than you could possibly use to make sure you have a hassle-free trip? Well, so are we, and hence we are kicking off our weekly coverage of the app universe, with the live apps of online travel agents (OTAs) – available on iOS and […]...

23 April, 2013 | More »


Cleartrip investor Concur launches $150M fund for travel-related startups

Concur Technologies, a NASDAQ-listed travel and expense management solutions provider and key investor in Indian online travel agency Cleartrip.com, has announced the launch of the Concur Perfect Trip Fund. The fund, with a corpus of $150 million, would focus on investing in emerging companies in t...

14 November, 2012 | More »


Vizury raises $9M in Series B from Nokia Growth Partners, existing investors

Bangalore-headquartered digital marketing technology company Vizury Interactive has raised Series B funding of $9 million, led by Nokia Growth Partners, while current investors Ojas Venture Partners and Inventus Capital Partners also took part in the round. Existing angel investors, who led the seed...

25 October, 2012 | More »


Expedia opens R&D centre in India, to hire 300 people by year-end

Online travel agency Expedia is setting up a research & development centre in Gurgaon as part of its overall expansion plan in the country. The company will also hire 300 people by year-end to ramp up its India operations. Edmond Mesrobian, chief technology officer of Expedia, Inc., said, “Ind...

19 October, 2012 | More »

Expedia, redBus tie up to share booking functionality, seat inventory

Online travel agency (OTA) Expedia Inc has partnered with Bangalore-based redBus, a bus ticketing site owned by Pilani Soft Labs. redBus will power bus ticket booking functionality on expedia.co.in, while Expedia will get an access to seat inventory across more than 180,000 bus services of 900 ope...

2 August, 2012 | More »

Expedia, Groupon Create Travel Deal Website

Online coupon service Groupon and online travel agency Expedia Inc have created a website to offer people travel deals and to let travel suppliers expose their brands to shoppers. Groupon Getaways will feature discounts from among the more than 135,000 hotels worldwide that work with Expedia, the co...

2 June, 2011 | More »

Tripadvisor Appoints Nikhil Ganju Country Manager – India

Nikhil Ganju, who was the Marketing Director at Expedia Inc’s online travel forum TripAdvisor.com, has been elevated to the role of Country Manager – India, Alootechie reports. Last month, Tripadvisor split up from its parent company Expedia Inc. The board approved the set up of a separa...

2 May, 2011 | More »

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