Large airlines will become travel platforms catering for more elements of the customer journey with McKinsey estimating a $15 billion investment and $39 billion in value.
The businesses concerned currently employ some 7,100 personnel and generated revenues of around EUR 1.1 billion last year.
Zeus could add a sizable debt facility to cover the risk of filling apartments with employees from clients like Brex, Disney, ServiceTitan and Samsara.
After the integration, restaurants can subscribe to the service and simultaneously update their menus across the web from the TripAdvisor management center.
In 2019, ZoloStays claims to have registered a revenue growth of 200% and 2x user growth, compared to 2018.
The deal brings May Mobility’s funding total funding to date to $84 million
Zoomcar’s co-founder and CEO said that the company was looking to raise $500 Mn to entry into the unicorn club.
The Times of India reported that Amazon is in talks to add hotels and train ticketing.
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