Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Hotel Reservation Service Ostrovok.ru Expands Its Business
30.06.2014 11:49
Hotel Reservation Service Ostrovok.ru Expands Its Business
(Source: http://mungojerrie86.livejournal.com)

Hotel reservation service Ostrovok.ru is going to spend 12 million dollars attracted from Vaizra Capital for expansion of the worldwide hotel base and the company's development. 

      "The new investment will allow us to provide "Ostrovok" customers more accommodation facilities at lower prices," the service CEO Sergei Faghe noted in his interview with RBK. To note, Vaizra Capital Foundation belongs to Vyacheslav Mirilashvili and Lev Leviev who were co-founders of VKontakte social network. After the transaction, the Ostrovok.ru board of directors will include one of the venture’s first investors Fritz Demopoulos, who is also a co-founder of Qunar, the largest hotel reservation and ticketing service in China. As the press release notes, in total "Ostrovok.ru" has attracted more than $ 50 million from private and institutional investors. 

      Among those who invested in the company, the service named Yuri Milner. He and Alisher Usmanov own a group of DST Capital funds, which owns shares of the leading Internet companies, including the Chinese online retailer Alibaba Group. Among the investors of Ostrovok.ru were also funds of General Catalyst Partners, Frontier Ventures and Accel Partners. 




Author: Anna Dorozhkina

Tags: VKontakte Ostrovok    

Next Previous


You might also find interesting:

Moscow Authorities have Approved a Pilot River Route for Amphibian Buses
25.02.2019
Scientific and Tourism Centres will Open on the Territory of the Russian Arctic National Park
28.11.2018
BoogelWoogel Carnival will Take Place at the Rosa Khutor Resort for the Fourth Time
17.02.2019
Mountain Resort "Rosa Khutor" Opens the Beach Season
31.05.2019
"The Red Line" Tourist Route in Kaliningrad
29.11.2018







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Russian Aircrafts  Russian Arts and Crafts  Russian artists  Opposition  St. Petersburg  Russian courts  Reconstruction Events  Russian business  Gusinoozyorsk  Moscow sights  Folk Arts  Russian regions  Russian Internet  Guinness Record   Russian sport  Golden Ring  Crimea  Mobile App  Wildberries  Red Square  Russian National Parks  Theatre Festival "History of the Russian State. Homeland and Destinies"  Zvyagintsev  Bolkhov  Moscow Museums  Fyodor Konyukhov   Volgograd  Tolmachevo Airport   Russian tourism  Vladimir Markin  bicycle  Moscow Architecture  Russian tourist destinations  Alexander Rukavishnikov  Mercedes-Benz Fashion Week Russia  travel to Russia  Cowshed Bowling   Installations  Antony Pogorelsky  Altai Republic  WFEST  sanctions  New Films  Russian companies  Russian Cinema  Vera Zvonareva  Festivals in Moscow  Moscow  Exhibitions in Moscow  Concerts in Saint Petersburg 


Travel Blogs
Top Traveling Sites