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The 5 Travel Companies in the Billion Dollar Startup Club


Skift Take

Considering all the activity in the sector, there's a notable absence of booking sites and tours and activities companies.

This morning the Wall Street Journal published a list of startups valued at $1 billion or greater, and then turned to Twitter to tweet out each entry, one by one.

To save readers the time needed to comb through the list of 70+ entries, we've pulled out the five travel brands included in the list.

The travel entries are dominated by e-hail transport companies, with the U.S.'s Uber at the top -- it ranks only second overall in the Journal's rankings -- and Ola Cabs of India and Grabtaxi of Singapore near the bottom. Uber has had no challenges raising money over the past year. Just yesterday it expanded a round from $600 million to $1 billion in order to accommodate investors eager to take part.

Airbnb is also near the top, overall, sandwiched between Indian e-commerce giant Flipkart and cloud storage provider Dropbox. Also included in the list is Deem, formerly Rearden Commerce. Launched in 1999, Deem manages a platform to sell travel and related services for corporate travel clients including American Express, Carlson Wagonlit Travel, and Travel Leaders, and competes directly with SAS's Concur.

Company Latest Valuation Total Equity Funding Last Valuation
Uber $41.2 billion $2.8 billion December 2014
Airbnb $10 billion $800 million April 2014
Deem $1.4 billion $474 million September 2011
Ola Cabs $1 billion $277 million October 2014
Grabtaxi $1 billion $340 million December 2014

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