Sean O'Neill, Skift
An exclusive first look at Ixigo's fiscal year financials reveals that the travel price-comparison startup is growing rapidly. Its story suggests how business models that originated in Western markets sometimes need to adapt to local needs to succeed in emerging markets.
3 weeks ago
Tom Lowry, Skift
Agoda has been an online travel leader in Asia for more than a decade. CEO John Brown doesn't doubt that it will stay the same, but the new competition sure indicates winter is coming.
3 weeks ago
Sean O'Neill, Skift
The more Ctrip internationalizes its sources of revenue, the more it will cross swords with global players like Booking Holdings, which owns a small stake, and Expedia Group. It already claims to process more transaction volume than both of them, and a third of its revenue comes from outside mainland China.
4 weeks ago
Lulu Yilun Chen, Bloomberg
Mafengwo’s latest funding comes as the online site signs a deal with Tongcheng-Elong to build a one-stop shop for users to book hotels and flights faster on its platform. The competition is heating up.
4 weeks ago
Sean O'Neill, Skift
Online travel agencies have been late to the airline sector push to sell airfares and other products in more modern ways. Travix has reached a milestone, though, with the help of tech firm Amadeus, and its story suggests the outline of future trends.
4 weeks ago
Dennis Schaal and Danni Santana, Skift
The Singapore-based online travel agency is focused on expanding outside of Asia through the marketing of non-hotel accommodations on its site. This strategy could work well as homesharing continues to grow in popularity.
4 weeks ago
Dennis Schaal, Skift
Amazon's deal with Cleartrip using Amazon Pay for India domestic flights could be a forerunner of similar moves in other emerging markets where payment systems are being disrupted. This time around in travel, Amazon has decided to partner rather than build its own offering — a very reasonable way to get back into the game.
4 weeks ago
Dennis Schaal, Skift
Amazon wants to be a superapp, the mobile tool of choice to book flights, buy books, and make payments. In travel, flights are only the beginning.
1 month ago
Seth Borko and Dennis Schaal, Skift
The same rules that apply to run-of-the-mill travel sellers do not necessarily apply to Amazon. While cash back on flights in India may seem loss-generating and unsustainable, for Amazon it could be a winning strategy.
1 month ago
Dennis Schaal, Skift
A shoe just dropped. Amazon is stepping into travel again. It may offer travel products in all sizes once it really gets going.
1 month ago
Sean O'Neill, Skift
MakeMyTrip Group has impressively diversified enough that it forecasts only a minor hit to revenue during the coming year due to the collapse of Jet Airways, a major carrier in India. No wonder Ctrip decided last month to become the company's largest shareholder.
1 month ago
Sean O'Neill, Skift
SoftBank has upended the sales of tours and attractions by investing record-breaking sums in GetYourGuide and Klook. That's boosted valuations to such lofty levels that it may leave only a few options: Merge or go public.
1 month ago