Venture Capital

What’s Behind Alibaba’s $486 Million Investment in Hotel Tech Giant Shiji

What’s Behind Alibaba’s $486 Million Investment in Hotel Tech Giant Shiji

Sean O'Neill, Skift

Shiji is a Beijing-based company that provides hotels and restaurants with operational software and hardware. It was already on an overseas acquisition spree before this new funding. Global leader Oracle Hospitality should be on guard.

1 week ago

New Skift Research Analyst Session: Venture Investment Trends In Travel

New Skift Research Analyst Session: Venture Investment Trends In Travel

Seth Borko, Skift Research

The travel startup landscape is more dynamic than ever. Not every company will succeed, but travel leaders need to know where these new entrants see cracks in the incumbent armor. Subscribe to Skift Research to learn more.

3 weeks ago

Travel Startups Work With Breakthrough Technologies That Could Threaten Industry Leaders

Travel Startups Work With Breakthrough Technologies That Could Threaten Industry Leaders

Seth Borko, Skift Research

Emerging technologies, like artificial intelligence and blockchain, have yet to make the leap from buzzword to mainstay, but have the potential to disrupt travel incumbents. The big players will have ample opportunity to adapt, though, and leading startups can play a role in helping executives grapple with when and how to implement these technologies.

1 month ago

New Skift Research Report: Venture Investment Trends and Startup Opportunities in Travel 2018

New Skift Research Report: Venture Investment Trends and Startup Opportunities in Travel 2018

Seth Borko, Skift Research

Venture capitalists invested a record amount in travel startups in 2017. The industry is no stranger to disruption, but we may be seeing some of the greatest changes of the last two decades. Our latest research report is a deep dive into these emerging trends with insights for founders, incumbents, and investors.

1 month ago

The Luggage Industry Keeps Adding Tech Gimmicks to Boost Sales

The Luggage Industry Keeps Adding Tech Gimmicks to Boost Sales

Sean O'Neill, Skift

At this year's annual travel goods industry conference, it's obvious that the hot trend among manufacturers is to add USB ports, battery packs, and location-aware beacons to their luggage.

11 months ago

A Data Dive Into European Venture Capital: Top Companies by Funding

A Data Dive Into European Venture Capital: Top Companies by Funding

Dave Montali, Skift

Diving into the data of European VC reveals that while new tech-hubs are emerging, the landscape is still vastly dominated by the traditional trio of well-established tech-hubs. Namely London, Paris, and Berlin.

11 months ago

Europe Is an Excellent Testbed for the Future of Travel, Say Investors and Entrepreneurs

Europe Is an Excellent Testbed for the Future of Travel, Say Investors and Entrepreneurs

Sean O'Neill, Skift

Defying conventional wisdom in the U.S., leading venture capitalist and the founders of two venture-backed companies -- Trainline and GetYourGuide -- believe that Europe is an excellent testbed for creating travel companies that can scale globally. They make their case well.

11 months ago

The Venture Capital Funding Gap in European Travel

The Venture Capital Funding Gap in European Travel

Dave Montali, Skift

Venture capital's returns are usually achieved in the long-term, a great match for pension funds. However, European pension funds are still reluctant to allocate money to VC, considering it a risky venture.

11 months ago

New Skift Research Report: European Venture Investment Trends in the Travel Industry 2017

New Skift Research Report: European Venture Investment Trends in the Travel Industry 2017

Luke Bujarski, Skift

Europe is finally warming up to the American-style, risk big and risk early venture investment culture that has given birth to so many tech megabrands out of Silicon Valley.

11 months ago

OAG Gets Sold Again as it Pushes its Flight Schedule and Forecasting Service

OAG Gets Sold Again as it Pushes its Flight Schedule and Forecasting Service

Sean O'Neill, Skift

OAG was taken over by private equity in 2013, which retrofitted it with a focus on airline data services. But this once legendary brand will face tough competition from FlightGlobal and other players.

1 year ago

5 Travel Startups Rethinking Car Rentals Beyond Sharing

5 Travel Startups Rethinking Car Rentals Beyond Sharing

Sean O'Neill, Skift

A cluster of comparatively under-the-radar startups have caught our notice: Two let travelers book specific cars on lots rather than broad vehicle categories (like "compact"), two are bringing metasearch to car rentals, and one is a hidden jewel of Hawaii's tech scene.

1 year ago

TravelTriangle and Lola Each Raise $10 Million More: Travel Startup Funding This Week

TravelTriangle and Lola Each Raise $10 Million More: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, TravelTriangle, an India-based online marketplace for travelers and agents, receives a fresh round of funding that brings its total raised to $19.9 million, while Lola, Paul English's startup for giving travel agents technological superpowers, has added $10 million to its Series B.

1 year ago