Stay on Top of Enterprise Technology Trends
Get updates impacting your industry from our GigaOm Research Community
In an effort to expand its travel business, Groupon (s GRPN) announced Monday that it had acquired Blink, a European travel app that offers same-day hotel bookings.
Much like HotelTonight, which recently landed a $45 million round of venture funding, Madrid-based Blink lets travelers find last-minute deals on hotel rooms from their smartphones. The companies declined to disclose financial details but said the new service would be re-branded “Blink by Groupon” and operate as a separate team.
Groupon said the acquisition would boost its Getaways travel business and complement its existing packages, especially those for Europe.
Blink, which has raised $2.5 million in venture capital, says it works with more than 2,000 hotel partners in eight European countries.