Articles tagged “grab”

Online Travel

Grab and Western Superapp Confusion

Grab emerged as a leading superapp because of conditions specific to Southeast Asia. Don't look for U.S. and European copycats to get traction.

Grab and Western Superapp Confusion

Online Travel

Southeast Asia’s Latest Unicorn Taps Travel for Growth and Entrée to U.S.

A $200 million funding round, coupled with new products from its recently acquired travel division, will see the Singapore startup Nium venture into the U.S.

Southeast Asia’s Latest Unicorn Taps Travel for Growth and Entrée to U.S.

Online Travel

Travel and Fintech Are Colliding in New, Exciting Ways

Fintech is trending, and likewise for superapps in certain parts of the world. Getting into travel is too delicious to resist, but the world is not ending for incumbent travel competitors.

Travel and Fintech Are Colliding in New, Exciting Ways

Online Travel

Fintech, Superapps and Subscriptions Will Spur Flurry of Online Travel Copycats

In its rough outlines, Expedia begot Trip.com Group while Kayak and ITA Software begot Google Travel. Get ready for a flurry of clones in fintech, superapps, and subscription services in travel. In fact, it's already happening.

Fintech, Superapps and Subscriptions Will Spur Flurry of Online Travel Copycats

Online Travel

Booking Holdings’ New Fintech Unit Aims to Help Travelers Beat Banks at Their Own Game

Bookings Holdings Fintech boss Daniel Marovitz says payments is arguably the world's largest industry. Across the online travel universe, look for payments to eventually become a line item — and very material to companies' financials.

Booking Holdings’ New Fintech Unit Aims to Help Travelers Beat Banks at Their Own Game

Mergers and Acquisitions

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

In an intensifying superapp rivalry in Southeast Asia, Gojek handed its Thailand business to AirAsia Digital in the face of competition from Grab. While these leading superapps battle, AirAsia Digital is being taken more seriously. After all, it has airplanes and a profitable logistics business to add to the mix.

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

Business Travel

TravelPerk’s Acquisition of a Rival Travel Agency Is Backed by This Secretive Hedge Fund

It's hard to say how far TravelPerk can go buying the UK's Click Travel, as it limits expansion to a mostly domestic market. But then its new investor has a reputation for spotting opportunities earlier than most.

TravelPerk’s Acquisition of a Rival Travel Agency Is Backed by This Secretive Hedge Fund

Hotels

Marriott Leans Into Superapps to Build Up Loyalty

The likes of Alibaba, Grab, and Rakuten have billions of members. If hotels can tap into a just fraction of their users, and convert them to their own loyalty schemes, they'll be mighty happy.

Marriott Leans Into Superapps to Build Up Loyalty

Online Travel

Will Airbnb’s Lackluster Ad Campaign Backfire as a Travel Recovery Picks Up Later This Year?

Airbnb officials fell in love with the perceived artistry of their TV commercials, which don't have a targeted message. That could produce aftershocks later this year if rivals take advantage.

Will Airbnb’s Lackluster Ad Campaign Backfire as a Travel Recovery Picks Up Later This Year?

Online Travel

Southeast Asian Superapp Grab to Go Public With Altimeter at $40 Billion Valuation

The Grab-Altimeter Growth Corp. 2 merger immediately becomes one of the highest profile such transactions in travel. Grab already dominates its superapp sector in Southeast Asia, and the funding infusion should help it get stronger.

Southeast Asian Superapp Grab to Go Public With Altimeter at $40 Billion Valuation