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Wego Acquires Travelstop To Expand Into Business Travel

PRIVATESep 12, 2023

Acquiring Company

Wego

Acquired Company

Travelstop

LeisureTravelE CommerceMarketplaceTravel

Description

Wego, the largest online travel marketplace in the Middle East and North Africa (MENA) acquired Travelstop, a revolutionary platform that simplifies business travel and expense management for companies globally. This strategic move will expand Wego's reach into business travel and expense management.

Quick answer

Wego is acquiring Travelstop, announced September 12, 2023.

How much did Wego pay for Travelstop?
The deal value was not disclosed.
What does Wego do?
Wego provides award-winning travel search websites and top-ranked mobile apps for travelers living in the Asia Pacific and the Middle East regions.

Source: Fundz verified event record.

Other recent acquisitions in Leisure and Travel

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Wego

About

Wego provides award-winning travel search websites and top-ranked mobile apps for travelers living in the Asia Pacific and the Middle East regions. Wego harnesses powerful yet simple to use technology that automates the process of searching and comparing results from hundreds of airlines, hotels, and online travel agency websites. Wego presents an unbiased comparison of all travel products and prices offered in the marketplace by merchants, both local and global, and enables shoppers to quickly find the best deal and place to book whether it is from an airline or hotel directly or with a third-party aggregator website. Wego was founded in 2005 and is headquartered in Dubai and Singapore with regional operations in Bangalore, Riyadh, Cairo, Lahore, and Kuala Lumpur.

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Frequently asked

Who acquired Travelstop?

Travelstop was acquired by Wego. The deal was reported on September 12, 2023. Wego provides award-winning travel search websites and top-ranked mobile apps for travelers living in the Asia Pacific and the Middle East regions. Wego is privately held and operates in Leisure.

When did Wego acquire Travelstop?

Wego's acquisition of Travelstop was reported on September 12, 2023. Wego, the largest online travel marketplace in the Middle East and North Africa (MENA) acquired Travelstop, a revolutionary platform that simplifies business travel and expense management for companies globally. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Travelstop do?

Travelstop is a revolutionary platform aimed at modernising and simplifying business travel. Travelstop builds tools to help growing businesses manage their business travel and expenses more efficiently. It is privately held, operating in Travel.

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