Hints and tips:
...Vestager this year threatened to break up Google, and the EU is set to block Booking’s acquisition of Etraveli as regulators take a closer look at tech deals....
...There has been “an explosion of the supply” across holiday rental platforms including Airbnb, Abritel and Booking.com, according to Lycaon Immo co-founder Stéphane Daumillare, who says there are currently...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Reserving judgment on inflation Markets took yesterday’s hotter-than-expected CPI inflation report hard....
...But Thomas Monteiro, an analyst at Investing.com, said Uber was “too dependent on user growth” that was naturally limited, and that he would be watching for how the company planned to innovate for efficiency...
...Other multinational technology companies have also struck tax deals with Italian authorities in recent years, including Booking.com, Amazon and Meta....
...Final Whistlehttps://twitter.com/HarryMaguire93/status/1727364500519518349 Remember when Harry Maguire was struggling for form?...
...chloe.cornish@ft.com...
...Westminster also wants people who rent properties through booking platforms, such as Booking.com and Airbnb to be registered, making it easier for the council to track down and fine any landlords who breach...
...Large short positions in Airbnb, which has rallied 70 per cent year to date, and Booking.com, which is up 44 per cent, have also inflicted big losses....
...richard.waters@ft.com...
...A year later, with co-founder Nate Blecharczyk, they launched Airbedandbreakfast.com, soon shortened to Airbnb....
...Enjoy the rest of your week, Elaine Moore Deputy head of Lex Lexfeedback@ft.com...
...eleanor.olcott@ft.com...
...Trials and subscriptions are available at ignites.com....
...Then came the first government lockdowns and the chief executive of Booking.com, the hotel reservation service, was left in no doubt. No travel meant no demand, no demand meant no earnings....
...Booking.com will report its earnings on Wednesday, with Expedia scheduled for Thursday....
...Booking, whose properties include Priceline and Kayak, reported $27bn in gross bookings during the first quarter. That is more than double the year-ago period and is the best quarter on record....
...gary.silverman@ft.com...
...Volcano Engine, or Volcengine, counts JD.com, Vivo and Geely among its customers....
...Priv URL: gopriv.com Location: Across much of the USA USP: This is a longstanding US favourite....
...Take the mammoth $22bn iShares ESG Aware MSCI USA ETF. Its top holdings are Apple, Microsoft, Amazon, Tesla and Alphabet. Part of the reason for this is that ESG funds are often simply exclusionary....
...Take Booking.com, a far larger competitor. Airbnb has 6m listings while Booking.com has more than 28m. But Booking.com is known for hotels, not private rentals....
...brooke.masters@ft.com Follow Brooke Masters with myFT and on Twitter...
...Expedia’s rival Booking.com had higher profits and half the fixed cost base....
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