Expedia reported Q1 revenue of $2.21B, down 15% YoY, its first decline in eight years, and adjusted net loss of $285M, up 545% YoY
- Expedia reported its first quarter 2020 earnings after the bell on Wednesday, showing a 15% fall in revenue as coronavirus pandemic has battered the travel industry.
Expedia is raising $3.2B in new capital with $1.2B in equity sale to Silver Lake and Apollo Global Management and $2B in new debt financing
Expedia is raising $3.2 billion in new capital as the coronavirus pandemic has stalled travel around the world. — The company is raising $1.2 billion …
Mobile travel booking app Hopper raises $100M Series D led by OMERS Ventures, sources says at a $780M valuation
Hopper — a mobile-only travel booking app cofounded by a former Expedia executive in Montreal, Canada that uses artificial intelligence to help you search for and book hotels and flights …
Dara Khosrowshahi had $184.4M of unvested Expedia options as of stock's Friday closing price
Khosrowshahi had $184 million of unvested Expedia options — ‘Stratospheric’ pay to lure CEO for turnaround: consultant — Uber Technologies Inc.'s new chief executive officer likely comes …
Expedia leads $400M round for Indonesian travel site Traveloka by contributing $350M; source says Traveloka is now valued at $2B
Expedia (EXPE) is investing $350 million in Traveloka … Eva Yoo / TechNode : [Exclusive] JD and Nielsen announce data cooperation to better understand ad impact in China JD Alois / Crowdfund Insider :...
Expedia leads $400M round for Indonesian travel site Traveloka by contributing $350M; source says Traveloka is now valued at $2B
Expedia (EXPE) is investing $350 million in Traveloka … Michele McDonald / Tnooz : Expedia Inc. makes minority investment of $350 million in Indonesian online agency Sumit Chakraberty / Tech in Asia :...
Expedia and Priceline boost inventory of home-rental options to challenge Airbnb, with Priceline Group's Booking.com upping vacation rental inventory by 50% YoY
Chris Kirkham / Wall Street Journal :
Source: Expedia-owned Trivago raises $287M in IPO, pricing 26.1M shares, instead of planned 28.5M at $11/ADS, below indicated $13-$15 range
Lauren Hirsch / Reuters : Tweets: @gregroumeliotis Tweets: Greg Roumeliotis / @gregroumeliotis : Trivago downgrades IPO reservation from king-sized $13-$15/sh to single-with-no-view $11/sh @LaurenSHi...
Expedia-owned German hotel-booking site Trivago files for $400M IPO in US, reveals net loss of $57.8M on $425.6M revenue in the first nine months of 2016
Alex Barinka / Bloomberg :