Related News
Airbnb buys Vamo to create better trips
Print Edition
AIRBNB, the peer-to-peer accommodation platform, has acquired trip-planning tool Vamo for an undisclosed amount.
Under the deal, Airbnb will take on the staff and technology of Vamo, but will shut down by October 1 the tool that uses Big Data to help travelers find deals for multi-destination trips.
“So much has changed since we started, but our vision to make travel better has always been the same,” said founder and chief executive Ari Steinberg, who launched Vamo after leaving Facebook.
“That’s why we’re so excited to join the team at Airbnb. Complexities around international multi-city travel continue to exist, but we believe that in the long run we’ll be able to make even more significant improvements to the future of travel by joining Airbnb.”
Airbnb won’t continue the travel tool, which competes with services like Kayak, but will acquire the Vamo team in a deal known in the tech sector as an “aqui-hire.”
“We are thrilled to bring the Vamo team on as a part of Airbnb,” said a spokeswoman for Airbnb.
“While we are shutting down the product, we are excited that both our teams will build the future of travel together.”
California-based Airbnb, which allows property dwellers and owners to rent a room or entire home, earlier this year raised US$1.5 billion in new capital, sending its value up to US$25.5 billion.
Set up in 2008, Airbnb has 40 million users worldwide.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
