Tag: travel startups
Business trip platform TravelPerk buys YC-backed rival NexTravel
Barcelona-based TravelPerk has scooped up US-based rival NexTravel as the pandemic drives consolidation in one of the sector’s hardest hit by COVID-19. It’s not disclosing how much it’s shelling out for NexTravel, which has some 700 customers globally and has processed around 300,000 trips since being founded back in 2013,…
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Why is Eugene Kaspersky funding a travel accelerator during COVID-19?
Eugene Kaspersky made a name for himself in cybersecurity as CEO of Kaspersky Labs, but the Russian security expert has a new passion project: he’s funding an online accelerator that aims to support entrepreneurs who are building travel and tourism startups. Businesses that apply must have a focus on Russia,…
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Google under fire for squeezing travel startups hit by coronavirus refunds
Google is facing anger from the German startup ecosystem for refusing to restructure ad payments linked to travel and transport bookings that were subsequently wiped out by the coronavirus crisis. TechCrunch has seen a letter addressed to Google that’s co-signed by eight travel industry startups in which the tech giant…
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TripActions reportedly lays off hundreds amid COVID-19 travel freeze
The coronavirus demand crunch has taken another bite: Palo Alto-based corporate travel-focused unicorn, TripActions, reportedly laid off hundreds of staff yesterday. Per this post on Blind — written by someone with a verified TripActions email address — the company fired 350 people. Business Insider reported the same figure yesterday. While…
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