Saturday, September 7, 2019

Denver-based Hotel Engine, an online hotel booking and management service for business travel, raises $16M Series A at a $150M+ valuation (Sean O'Neill/Skift)

Sean O'Neill / Skift:
Denver-based Hotel Engine, an online hotel booking and management service for business travel, raises $16M Series A at a $150M+ valuation  —  The funding of business travel management startup Hotel Engine underscores how there's a lot of money and energy pouring into the sector.



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Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal : Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third st...