General situation of lastminute.com company

Lastminute.com is an online travel agency and electronic retailer.

An expert in flights, hotels, cars and vacations.

Go to Lastminute.com to enjoy a great discount.

British online booking company is an online travel company and electronic retailer.

A specialized agency that provides last-minute reservations for flights, hotels, cars and holidays.

Lastminute.com Group, a British online travel giant, bought the india tourism website HolidayIQ at an undisclosed price. Lastminute Group, now renamed LM Holding, announced the deal on Friday.

The acquisition has increased Lastminute.com's existing user-generated content business, and used the powerful local brand HolidayIQ to develop the group's business in fast-growing markets such as India.

The two companies completed the transaction in January. HolidayIQ is regarded as Tripadvisor of Indian tourism. Its investors include Tiger Global Management, Accel and MakeMyTrip. Crunchbase estimates that it raised $20 million in two rounds of financing.

According to the Linkedin recruitment website, Hari Nair, the founder of HolidayIQ, has left his job, and his profile page shows that his status is "exploring new plans". In the annual report released in March, Lastminute.com's net profit increased by 18 1%, totaling * * * 25.6 million USD (23.6 million EUR), and its revenue increased by 20%, totaling * * * 366.2 million USD (337.8 million EUR).

Lastminute.com Group is not only making acquisitions, but also speculation since the beginning of this year shows that it is willing to sell some shares. Italian newspaper Il Sole 24 Ore reported that private equity fund Triton might be interested in this.