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Technology
VTOL aircraft startup Odys Aviation raises $12.4M
By Mitra Sorrells
|
February 11, 2022
Odys Aviation is developing a hybrid-electric vertical takeoff and landing aircraft that will carry nine passengers and travel up to 1,000 miles.
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News
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Online
Wander raises $20M to grow its luxury rental inventory
By Mitra Sorrells
|
February 10, 2022
Founded in early 2021, Wander purchases homes and outfits them with extensive work-from-home technology, wellness equipment and a Tesla.
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News
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Online
Uber sees revenue gains, profitability for delivery business
By Jill Menze
|
February 9, 2022
For Q4 2021, Uber revenue climbed 83% to $5.8 billion, while its delivery business reached adjusted EBITDA profitability.
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News
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Online
Israeli shared mobility company GoTo Global to go public
By Mitra Sorrells
|
February 9, 2022
GoTo has more than 450,000 subscribers that book cars, bikes, electric scooters and mopeds in its app.
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News
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Online
Lyft posts first full year of adjusted EBITDA profitability
By Jill Menze
|
February 8, 2022
The ride-hailing app also reports “new COVID records” for Q4 2021.
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Online
NUMA secures $45M to expand tech-led hotel brand
By Kevin May
|
February 8, 2022
The company was previously known as Cosi and had secured, until now, around $35 million in funding over two rounds.
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Startups
Acamp attracts €2.5M, pegs Norway for campsite platform expansion
By Linda Fox
|
February 8, 2022
Acamp launched in 2020 and connects campers to private landowners and companies that want to rent out their land.
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News
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Online
TripActions moves deeper into Europe with Comtravo acquisition
By Jill Menze
|
February 8, 2022
Including the Comtravo acquisition, TripActions has invested more than $400 million in Europe and the U.K. over the past year.
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News
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Startups
Swing attracts $24M, plots expansion of micromobility services to Japan
By Linda Fox
|
February 7, 2022
South Korea-based Swing will use the new funds to increase its fleet of e-scooters, e-bikes and e-mopeds and expand to other countries.
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News
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Technology
Carla brings buy-now-pay-later to car rental
By Kevin May
|
February 3, 2022
Carla is partnering with payment services provider Affirm to give renters the opportunity to choose how they can pay for their vehicle in instalments.
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News
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Technology
Cruise attracts additional investment of $1.35B from SoftBank
By Linda Fox
|
February 3, 2022
SoftBank originally invested $900 million in the General Motors’-owned autonomous driving unit in 2018.
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News
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Online
Headout tops up Series B with another $30M to drive expansion program
By Kevin May
|
February 2, 2022
The tours and activities platform plans to expand to 500 cities with the investment.
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News
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Online
Q&A: Selina on market size, SPACs, nomads and growth
By Linda Fox
|
January 31, 2022
Selina co-founder and CEO Rafael Museri discusses the hospitality brand's digital nomad audience, market opportunity and competition.
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News
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Startups
Brazilian rental startup Tabas raises $14M led by Blueground
By Mitra Sorrells
|
January 20, 2022
Founded in 2020, Tabas has 360 furnished, tech-enabled apartments in São Paulo and Rio de Janeiro that are available for stays of at least one month.
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News
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Online
On the Beach bets on long haul to drive recovery
By Linda Fox
|
January 19, 2022
In full-year 2021 results, On the Beach Group reported revenue of £21.2 million compared with £33.7 million in 2020 and £104 million in £2019.
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Big prospects, few bookings: Travel execs weigh in on personal AI assistants
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Brand loyalty retains influence as personal AI agents take on travel booking
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