Cleartrip, Flipkart | April 16, 2021
Flipkart announced on Thursday that it has agreed to acquire Cleartrip, an online travel and hotel ticketing firm, as the Walmart-owned e-commerce firm seeks to expand its offerings in the world's second-largest internet market.
According to a person familiar with the matter, the deal values 14-year-old Cleartrip, which raised approximately $74 million before the acquisition, at approximately $40 million. Cleartrip, like most other travel companies, is under immense stress as a result of the worldwide pandemic, which has greatly reduced people's desire to travel.
Last month, Indian news outlet MoneyControl announced that the two firms were considering a merger.
Cleartrip is also an Amazon partner in India, powering the American e-commerce giant's ticketing engine. In 2019, the two companies signed an agreement. The American e-commerce company did not react, even though it is currently battling a legal battle to prevent its estranged Indian partner Future Group from selling business to Reliance Retail.
Cleartrip will continue to exist as a standalone brand, with all staff staying, while collaborating with Flipkart to “further create digital innovations to make travel easier for customers,” the two firms announced today.
Flipkart has been reported to be working on adding a flight ticket buying feature on its website for more than a year.
“Through digital commerce, the Flipkart Group is dedicated to improving customer experiences. For many customers, Cleartrip is synonymous with travel, and as we diversify and search for new areas of growth, this investment will further strengthen our diverse portfolio of customer offers. We welcome the Cleartrip team to the Flipkart Group, with their vast industry expertise and technological skills, and look forward to working together to provide greater value and travel experiences for customers,” said Kalyan Krishnamurthy, CEO of Flipkart Group, in a tweet.
Stasher | July 09, 2021
Traveling is one of the most rewarding but also one of the most difficult activities. One challenge is storing things while traveling, but an English startup called Stasher is attempting to change the way people store their luggage.
Stasher links travelers with hotels and shops that can keep luggage secure while users enjoy their time in a city.
Wedderburn-Day developed Stasher as a happy accident when one of his pals wanted to store items with another friend. The friend jokingly suggested charging people for this service. An idea was conceived. They created a platform where people could store items in their homes. The model has subsequently developed, but the fundamental concept has not changed.
“Storage in cities is a real issue,” Wedderburn-Day said. “If you remember, and this is still the case, Airbnb had gone from an interesting concept to a household brand at the time, and everyone was beginning to do it. It was also generating a larger potential in this space.”
What started as a joke is now in over 250 towns worldwide, but they took a hit during the COVID-19 Pandemic. Hotels and businesses advertise their storage space on the site, and tourists can store their things in a safe place. Dandashy, a former concierge, recognized the need for tourists to keep stuff while on the travel.
“The idea has a sort of simplicity to it that makes it great,” Wedderburn-Day said. “It is not reinventing anything, and it is using the sharing-economy concept that has proven to be so successful with taxis and rentals. It is simply making use of existing space.”
Tripadvisor | September 14, 2021
As we are in the midst of travel planning or embarking on a long awaited adventure, Tripadvisor®, the world's largest travel guidance platform*, announced a collaboration with Audible, the leading creator and provider of premium audio storytelling. Together, the collaboration creates the ultimate travel content. Travelers will enjoy Audible's unmatched library of exclusive Originals, audiobooks and podcasts, and "Trip Playlists" created by Tripadvisor Plus that deliver people-powered travel guidance. From inspiring your budding bookworm with spots Tripadvisor travelers love visiting, highlighting international locations, spotlighting boundary-breaking travelers who will inspire you, and celebrating the best of what to see, shop and eat & drink in New York City.
Collaboration Details & Benefits
Now through November, this collaboration makes it easy for travelers to bring their favorite audio playlists with them during their next trip with just a few taps on their mobile device. No more heavy suitcases or cramming books into your carry-on!
All U.S. Audible members and current free trial users: $30 off a year of Tripadvisor Plus*
Tripadvisor Plus members: 90-day free trial to Audible Plus
All Tripadvisor members: 30-day free trial to Audible Premium Plus
"We're thrilled to collaborate with Audible to expand our Tripadvisor Plus member benefits outside of the traditional travel experience, which perfectly aligns with guiding and inspiring our travelers on the go. The ability to unlock unlimited access to thousands of audiobooks and special Audible-curated audio playlists is ideal for all vacation types - whether you're looking for great entertainment to accompany you through the great outdoors or the Big Apple," said Lindsay Nelson, chief brand and experience officer for Tripadvisor.
"Tripadvisor guides travelers to find the perfect getaway and Audible is the destination for people who love quality audio storytelling, so together they're the ideal travel companion. We're so excited to offer Tripadvisor members the opportunity to pair their journeys with stories from some of the best creators and performers in the world drawn from the Audible collection of premium audio originals, audiobooks, and podcasts on their next road trip or plane ride," said Jane Winston, Director, Business Development at Audible.
Tripadvisor, the world's largest travel guidance platform*, helps hundreds of millions of people each month** become better travelers, from planning to booking to taking a trip. Tripadvisor makes planning easy no matter the trip type. The subsidiaries of Tripadvisor, Inc., own and operate a portfolio of online travel brands and businesses.