Search results for “GIC”
Another big deal sunk by coronavirus: Amex GBT investment deal falls through
05/11/2020|5:18:46 PM|
Carlyle and GIC are believed to argue that coronavirus and the collapse of business travel globally have materially altered the deal’s conditions, and thereby allow them to walk away.
Korean budget hotel platform Yanolja gets $200m from Booking, Singapore’s GIC
06/11/2019|2:47:07 PM|
Yanolja aims to conduct an initial public offering (IPO) as early as next year.
Traveloka bags $420m from Singapore’s GIC, others
04/12/2019|3:37:26 PM|
The fresh funds will help enable Traveloka to become the region’s “travel super app” as it looks to further expand into tours and activities as well as food and lifestyle services.
Booking Holdings-backed Yanolja holds big ambitions to dethrone Oracle in hotel tech
10/09/2020|9:00:12 PM|
Oracle Hospitality’s dominance is in the on-premise side, but the future is in the cloud.
South Korea travel startup MyRealTrip secures USD 36M in new funding
07/31/2020|12:30:53 PM|
MyRealTrip has raised 82.4 billion won (USD 68.6 million) to date.
Traveloka nears fundraising at lower valuation
07/08/2020|6:39:41 PM|
The Jakarta-based firm is in advanced negotiations with investors to secure about USD 250 million.
Accor's Bazin revamps hotel group's focus to Asia and luxury
03/22/2020|11:52:21 PM|
Bazin aims to grow earnings from its loyalty program to more than €100 million.
Carlyle-led group acquires a stake in Amex GBT
12/18/2019|11:44:06 AM|
The deal values GBT at $5 billion, including debt.
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