Hotel Engine Achieves $2.1B Valuation With $140M Permira Investment [Yahoo! Finance Canada]
Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) (YMM)
Company Research
Source: Yahoo! Finance Canada
In October, Hotel Engine will rebrand as Engine and launch new options for flight and rental car booking DENVER, Sept. 17, 2024 (GLOBE NEWSWIRE) -- With new products and a new brand on the horizon, travel technology leader Hotel Engine today announced a $140M Series C growth investment led by Permira Growth Opportunities II, a fund advised by global private equity firm Permira. Hotel Engine will use the funding to support ongoing product development, including the launch of flight and rental car bookings to its platform. The new booking options will go live in October, making Hotel Engine an all-in-one solution for business travel. Alongside the new product release, Hotel Engine will change its name to "Engine" to reflect its expanded focus. “Hotel bookings will always be in our DNA, but we're out to transform the entire travel experience,” said Hotel Engine CEO Elia Wallen. “We want to become the engine of business travel. Our new name will reflect that, and with Permira's l
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- Full Truck Alliance (YMM) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
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YMM
Earnings
- 11/20/24 - Beat
YMM
Sec Filings
- 11/21/24 - Form 144
- 11/20/24 - Form 6-K
- 11/12/24 - Form SC
- YMM's page on the SEC website