Articles tagged “cheapflights”

13 Big Winners in Travel Advertising at Cannes Lions 2017

13 Big Winners in Travel Advertising at Cannes Lions 2017

Jesse Desjardins, Skift

The big lesson here is that digital first is the future.

1 year ago

Momondo Group Is Still Spending Big to Fund Expansion

Momondo Group Is Still Spending Big to Fund Expansion

Patrick Whyte, Skift

The Momondo Group knows it has to spend big to catch up with the competition. Its growth caught the attention of the Priceline Group, which will be hoping the acquisition, if approved by regulators, will help boost its European metasearch operation.

1 year ago

Kayak Is Shopping for a Metasearch Acquisition in Europe

Kayak Is Shopping for a Metasearch Acquisition in Europe

Dennis Schaal, Skift

It's clear there is going to be further consolidation in online travel in Europe after Ctrip swooped in and acquired Skyscanner. Momondo would be a nice addition – not a game-changer for Kayak – and a deal could happen if the number-crunchers on both sides have a meeting of the minds.

2 years ago

Momondo Group Makes Changes at Cheapflights Operation

Momondo Group Makes Changes at Cheapflights Operation

Patrick Whyte, Skift

Momondo Group looks like it is working out some of the duplication from the 2011 merger of Cheapflights and its Danish rival, Momondo.

2 years ago

Momondo Group Notches $30 Million in Q1 Revenue, Thinks It’s Entered Top Tier

Momondo Group Notches $30 Million in Q1 Revenue, Thinks It’s Entered Top Tier

Dennis Schaal, Skift

Momondo Group is still a relatively small fish in a big pond when measured against the larger, global metasearch players. Still, the Group, with its dual-brand approach and increased investment, is obtaining some scale -- 95 million visits during the first quarter of 2016 -- and is becoming part of the conversation.

2 years ago

Cheapflights Owner Momondo Group Gets $130 Million in Funding from Great Hill

Cheapflights Owner Momondo Group Gets $130 Million in Funding from Great Hill

Dennis Schaal, Skift

Momondo Group is now controlled by Great Hill Partners, which has a track record in taking companies public. That is a possible exit strategy for Momondo Group, although with Skscanner's valuation dwarfing Momondo's, the latter still has a long way to go.

4 years ago

Cheapflights Parent Momondo Group Hires Banker For Possible Sale

Cheapflights Parent Momondo Group Hires Banker For Possible Sale

Dennis Schaal, Skift

Momondo officials are quick to point out that the Momondo Group is doing well, is seeking an investment, and that retaining strategic advisors is not a sign of weakness, but such a motivation is not out of the question when any company mulls strategic alternatives.

4 years ago

Momondo Raises $8.3 Million for More Online Travel Acquisitions

Momondo Raises $8.3 Million for More Online Travel Acquisitions

Dennis Schaal, Skift

Seems like a small amount of buying anything substantial, if you see startup valuations these days. It may need a lot more if it wants to make a difference against tough competition.

4 years ago

CEO Interview: Cheapflights and Momondo Attempt a Dual-Brand Strategy

CEO Interview: Cheapflights and Momondo Attempt a Dual-Brand Strategy

Dennis Schaal, Skift

The Momondo Group is in the early stages of pursuing a dual brand metasearch strategy with its Cheapflights and Momondo brands. Are they different enough from one another, and will they stand out sufficiently from their rivals to make a real go of it? Other players will be watching to see if any of this makes sense.

4 years ago

CEOs of Russian Booking Sites Are More Worried About the Ruble Than Crimea

CEOs of Russian Booking Sites Are More Worried About the Ruble Than Crimea

Dennis Schaal, Skift

Online travel agencies, hotel booking sites and metasearch players in Russia will survive the turmoil in Ukraine and Crimea, but the ruble crisis will take its toll.

5 years ago