• Homeaway makes Asia-Pacific move
Homeaway has acquired a majority stake in Singapore-based Travelmob in an undisclosed, all-cash deal. The deal marks an acceleration of its growth as it competes with home-rental rival Airbnb and appears to be seeking to distance itself from the controversial so-called ‘sharing economy’. The company will now spend USD2m expanding the Travelmob business. The Travelmob
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