Travel

Oyo has reportedly been gearing up to file documents for a mega IPO of USD 1–1.2 billion by next week, targeting a valuation of USD 12-14 billion.

Traveloka experienced major turbulence in 2020 due to the pandemic, but the firm said its business is recovering.

Online travel agency ixigo is one among the few internet companies to turn profitable in FY 2021.

Bookaway is now operating in Asia, Latin America, Eastern Europe, the Balkans, and Central America, and it hopes to expand into the North American and Chinese markets.

CEO Daniel Zhang is fortifying Alibaba’s lifestyle services by uniting its mapping, travel booking, and food delivery apps as part of one business unit.

Qinker sells travel experiences and services through livestreamed broadcasts to engage more potential customers than booking platforms.

As domestic travel increases, budget hotel startups are answering staycation and local business travel demand with midscale offerings in Southeast Asia.

To the surprise of many, China’s largest OTA is Meituan, an internet behemoth that’s mostly known as a food delivery giant.