Despite wanting to be perceived as a tech startup, OYO is closer to a traditional hospitality company, where there is a linear dependency on staff and infrastructure.
Mondee's TripPro platform has over 45,000 registered agents globally and processes over 50 million daily searches and multi-billion dollars of annual transactional volume.
Expedia Group will stop certain projects and activities, reduce the use of vendors and contractors and eliminate approximately 12% of direct workforce.
Founded in 2019, Hopin allows organizers to host online live events of as many as 100,000 attendees.
A Helloworld spokesperson said the cost of the acquisition is “commercially sensitive, but was not significant”.
The details published include full names, home addresses, phone numbers and emails.
The global airline industry earned US$75.6 billion from the sale of ‘a la carte’ ancillary services in 2019.
Ayenda CEO Sarrazola distanced himself from the OYO, which also obtained financing from SoftBank.
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