Skyscanner acquired for £1.4 billion by China’s Ctrip

Skyscanner has been acquired for £1.4 billion by Chinese online travel company Ctrip. The Edinburgh-based flight meta search company will continue to operate independently. The deal was mostly in cash and is expected to close before the end of the year. Skyscanner, founded in 2003, compares flights and airlines for travellers and has been popular […]

A rare Scottish unicorn sighting: Skyscanner raises $192 million at a $1.6 billion valuation

Edinburgh, Scotland-based travel metasearch website Skyscanner has raised $192 million at a $1.6 billion valuation. FT has the scoop. The investors are Artemis, Baillie Gifford, Khazanah Nasional Berhad (the investment arm of the Malaysian government), Vitruvian Partners and Yahoo! Japan. Reuters reports that the funds raised include both primary and secondary proceeds, according to Skyscanner, […]

Skyscanner opens three new offices (in London, Sofia and Budapest), nabs former Amazon exec to head up global engineering

Travel search juggernaut and ‘Eunicorn’ Skyscanner has announced three new offices – two engineering hubs in London’s Moorgate and Bulgarian capital Sofia, and a new mobile-focused office in Budapest – as part of “ambitious development plans”. Skyscanner was originally started in 2003 in Edinburgh, Scotland, and has gone through a period of accelerated growth in […]

London’s VenueScanner raises $1.5 million, aims to reunite us all, in style

London-based online venue booking platform VenueScanner has raised $1.5 million in a round led by Rianta Capital and ACF investors. The funding is slated to drive international expansion as well as enhance the technical capabilities of the platform to deliver an end-to-end solution for event planners. Founded long before any pandemic put the brakes on […]