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9flats Acquires iStopOver To Put The Heat On Airbnb, Doubles Its Rentals Capacity
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As Airbnb continues to ramp up its international expansion, 9flats, which claims to be leader in Europe, is expanding the other way: Today, the private short-term rentals provider (or Airbnb-clone), has announced the acquisition of North American iStopOver. A move that will see the Berlin-headquartered company get a hub in Toronto and benefit from iStopOver’s customer-base and inventory, bringing 9lats offering to over 100,000 beds globally. Based on that metric, this puts 9flats much closer to its US rival.
source: http://feedproxy.google.com/~r/Techcrunch/~3/z2rc6766CMg/
2012-08-06 03:53:55
Source: http://someit.com/2012/08/06/9flats-acquires-istopover-to-p/
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