Articles tagged “etraveli”

Lastminute.com Group Speeds Pivot With Purchase of Germany’s Weg.de

Lastminute.com Group Speeds Pivot With Purchase of Germany’s Weg.de

Patrick Whyte, Skift

Lastminute.com Group's attempt to wean itself off low margin flight-ticket sales gets accelerated with this deal. The relatively low purchase price makes it a relatively risk-free acquisition.

1 year ago

Etraveli Gets New Owner in Push to Dominate European Online Booking

Etraveli Gets New Owner in Push to Dominate European Online Booking

Hannah Sampson , Skift

Etraveli was sold for more than twice what it fetched just a year and a half ago. That's an impressive trajectory — and it looks like all parties are invested in continuing that kind of growth.

2 years ago

Ctrip and Others Mull Buying Etraveli and Other Travel Brands

Ctrip and Others Mull Buying Etraveli and Other Travel Brands

Jonathan Browning, Sarah Syed, David Ramli, and Stefan Nicola, Bloomberg

Ctrip could do a much better job of boosting the margins from Etraveli, a profitable online agency in Sweden, than its current owner, German media group ProSiebenSat.1. That said, a deal is still conjecture today.

2 years ago

Swedish Online Booking Site Etraveli Bought by ProSiebenSat.1 for $270 Million

Swedish Online Booking Site Etraveli Bought by ProSiebenSat.1 for $270 Million

Stefan Nicola, Bloomberg

Worth noting that this is only slightly less than Expedia paid for Travelocity earlier this year.

3 years ago