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9flats.com
Privately held company
Founded2010; 11 years ago, Launch: March 2011; 9 years ago
HeadquartersSingapore[1]
OwnereVentures, Redpoint, T-Ventures, Founders
Founder(s)Stephan Uhrenbacher
Roman Bach
Key peopleStephan Uhrenbacher, Chairman
IndustryLodging
URLwww.9flats.com
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9flats is an online marketplace enabling people to lease or rent short-term lodging. The company does not own any lodging; it is merely a broker and receives commissions from both guests and hosts in conjunction with every booking.[2]

The site competes with Airbnb.[3]

It has over 50,000 members and 30,000 hosts in 104 countries.[4]

History[edit]

9flats was launched by German internet entrepreneur Stephan Uhrenbacher – founder of Qype, and former head of northern European operations for lastminute.com.[5]

The founders secured funding from venture capital fund E.ventures (CityDeal/Groupon) and launched 9flats.com in February 2011 with an inventory of 5,000 places.[6]

In May 2011, 9flats secured another round of investment from venture capital funds Redpoint Ventures (HomeAway), ProFounder (ex-lastminute.com) and Greycroft Partners, bringing the total funding to US$10 million.[7][8][9]

In late 2011, 9flats became the first well-known European or North American company in the social travel space to open an Asian office in Singapore, led by VP of Asia Ng Wei Leen, establishing a presence ahead of global competitors like Airbnb.[10][11]

In January 2012, 9flats completed a round of funding led by T-Venture, the venture capital arm of Deutsche Telekom AG. This round included Redpoint Ventures and E-Venture Capital Partners (Hamburg).[12]

In August 2012, 9flats acquired Toronto-based competitor iStopOver, extending its service to North America and growing its property base to 100.000 apartments.[13][14][15]

In August 2012, Wired ranked the company 6th on its list of hottest startups in Berlin.[16]

In March 2013, 9flats introduced bitcoin as payment method.[17][18]

In February 2014, Roman Bach was named CEO; he vacated that post in April 2016. Uhrenbacher moved to the advisory board.[5]

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In 2014, 9flats announced that it is the first profitable player in the social travel industry.[5]

In November 2014, 9flats made prepayment optional and allowed user to pay with cash.[19]

In October 2016, 9flats acquired Wimdu.[20][21]

In December 2016, 9flats sold Wimdu to the Novasol brand of Wyndham Destinations.[22]

References[edit]

  1. ^'9FLATS: Legal info'. 9flats.
  2. ^Couts, Andrew (23 May 2011). 'Travel hotel-free by finding unique lodging online'. Digital Trends.
  3. ^Palmer, Maija (28 October 2011). 'Berlin emerges as technology challenger'. Financial Times.
  4. ^'9flats.com'. 9flats LinkedIn page. LinkedIn.
  5. ^ abcO'Hear, Steve (February 20, 2014). '9flats Founder Steps Down From CEO As Hamburg-Based Airbnb Competitor Breaks Even'. TechCrunch.
  6. ^Seiderer, Sophia (16 March 2012). 'Schlafplatzvermittlung im Internet: Von Sofa bis Penthouse'. Die Welt.
  7. ^Bradshaw, Tim (31 May 2011). 'Airbnb moves 'aggressively' into Europe'. Financial Times.
  8. ^May, Kevin (May 17, 2011). '9Flats apartment rental platform brings total funding to $10M'. Phocuswire.
  9. ^O'Hear, Steve (May 17, 2011). '9flats, the European Airbnb, secures 'major investment' from Silicon Valleys' Redpoint'. TechCrunch.
  10. ^'9flats banks on security and customer service to make it big in Asia'. Northstar Travel Group. March 27, 2012.
  11. ^Wen, Chin Hui (November 16, 2012). 'Airbnb sets up Singapore office'. SG Magazine.
  12. ^Bernau, Varinia (12 January 2012). 'Was die Telekom mit Groupon und 9flats vorhat'. Süddeutsche Zeitung.
  13. ^O'Hear, Steve (August 6, 2012). '9flats Acquires iStopOver To Put The Heat On Airbnb, Doubles Its Rentals Capacity'. TechCrunch.
  14. ^Meyer, David (August 6, 2012). 'Airbnb rivals consolidate as 9flats picks up iStopOver'. Gigaom.
  15. ^May, Kevin (August 7, 2012). '9Flats buys iStopOver, targets home turf of Airbnb'. Phocuswire.
  16. ^PEMBERTON, ANDY (15 August 2012). 'Europe's 100 hottest startups 2012: Berlin'. Wired.
  17. ^Vigna, Paul (20 November 2013). 'Bitcoin Couple Travels the World Using Virtual Cash'. The Wall Street Journal.
  18. ^Prabu, Karthick (April 16, 2013). '9Flats pushes digital currency Bitcoin as form of payment'. Phocuswire.
  19. ^O'Neil, Sean (November 26, 2014). '9Flats makes prepayment optional, allows cash for home rentals'. Phocuswire.
  20. ^Sheivachman, Andrew (October 10, 2016). 'Airbnb's Most Well-Funded European Rival Wimdu Is Acquired by 9flats'. Skift.
  21. ^O'Neil, Sean (October 9, 2016). 'Wimdu and 9flats combine into one short-term rental company'. Phocuswire.
  22. ^Whyte, Patrick (December 5, 2016). 'Wyndham Steps Up Investment in Sharing Economy With Two New European Deals'. Skift.

External links[edit]

Retrieved from 'https://en.wikipedia.org/w/index.php?title=9flats&oldid=996489703'
Erfahrungen
9flats.com
Privately held company
Founded2010; 11 years ago, Launch: March 2011; 9 years ago
HeadquartersSingapore[1]
OwnereVentures, Redpoint, T-Ventures, Founders
Founder(s)Stephan Uhrenbacher
Roman Bach
Key peopleStephan Uhrenbacher, Chairman
IndustryLodging
URLwww.9flats.com

9flats is an online marketplace enabling people to lease or rent short-term lodging. The company does not own any lodging; it is merely a broker and receives commissions from both guests and hosts in conjunction with every booking.[2]

Erfahrungen

The site competes with Airbnb.[3]

It has over 50,000 members and 30,000 hosts in 104 countries.[4]

History[edit]

9flats was launched by German internet entrepreneur Stephan Uhrenbacher – founder of Qype, and former head of northern European operations for lastminute.com.[5]

The founders secured funding from venture capital fund E.ventures (CityDeal/Groupon) and launched 9flats.com in February 2011 with an inventory of 5,000 places.[6]

In May 2011, 9flats secured another round of investment from venture capital funds Redpoint Ventures (HomeAway), ProFounder (ex-lastminute.com) and Greycroft Partners, bringing the total funding to US$10 million.[7][8][9]

In late 2011, 9flats became the first well-known European or North American company in the social travel space to open an Asian office in Singapore, led by VP of Asia Ng Wei Leen, establishing a presence ahead of global competitors like Airbnb.[10][11]

In January 2012, 9flats completed a round of funding led by T-Venture, the venture capital arm of Deutsche Telekom AG. This round included Redpoint Ventures and E-Venture Capital Partners (Hamburg).[12]

In August 2012, 9flats acquired Toronto-based competitor iStopOver, extending its service to North America and growing its property base to 100.000 apartments.[13][14][15]

In August 2012, Wired ranked the company 6th on its list of hottest startups in Berlin.[16]

In March 2013, 9flats introduced bitcoin as payment method.[17][18]

In February 2014, Roman Bach was named CEO; he vacated that post in April 2016. Uhrenbacher moved to the advisory board.[5]

In 2014, 9flats announced that it is the first profitable player in the social travel industry.[5]

In November 2014, 9flats made prepayment optional and allowed user to pay with cash.[19]

In October 2016, 9flats acquired Wimdu.[20][21]

In December 2016, 9flats sold Wimdu to the Novasol brand of Wyndham Destinations.[22]

References[edit]

  1. ^'9FLATS: Legal info'. 9flats.
  2. ^Couts, Andrew (23 May 2011). 'Travel hotel-free by finding unique lodging online'. Digital Trends.
  3. ^Palmer, Maija (28 October 2011). 'Berlin emerges as technology challenger'. Financial Times.
  4. ^'9flats.com'. 9flats LinkedIn page. LinkedIn.
  5. ^ abcO'Hear, Steve (February 20, 2014). '9flats Founder Steps Down From CEO As Hamburg-Based Airbnb Competitor Breaks Even'. TechCrunch.
  6. ^Seiderer, Sophia (16 March 2012). 'Schlafplatzvermittlung im Internet: Von Sofa bis Penthouse'. Die Welt.
  7. ^Bradshaw, Tim (31 May 2011). 'Airbnb moves 'aggressively' into Europe'. Financial Times.
  8. ^May, Kevin (May 17, 2011). '9Flats apartment rental platform brings total funding to $10M'. Phocuswire.
  9. ^O'Hear, Steve (May 17, 2011). '9flats, the European Airbnb, secures 'major investment' from Silicon Valleys' Redpoint'. TechCrunch.
  10. ^'9flats banks on security and customer service to make it big in Asia'. Northstar Travel Group. March 27, 2012.
  11. ^Wen, Chin Hui (November 16, 2012). 'Airbnb sets up Singapore office'. SG Magazine.
  12. ^Bernau, Varinia (12 January 2012). 'Was die Telekom mit Groupon und 9flats vorhat'. Süddeutsche Zeitung.
  13. ^O'Hear, Steve (August 6, 2012). '9flats Acquires iStopOver To Put The Heat On Airbnb, Doubles Its Rentals Capacity'. TechCrunch.
  14. ^Meyer, David (August 6, 2012). 'Airbnb rivals consolidate as 9flats picks up iStopOver'. Gigaom.
  15. ^May, Kevin (August 7, 2012). '9Flats buys iStopOver, targets home turf of Airbnb'. Phocuswire.
  16. ^PEMBERTON, ANDY (15 August 2012). 'Europe's 100 hottest startups 2012: Berlin'. Wired.
  17. ^Vigna, Paul (20 November 2013). 'Bitcoin Couple Travels the World Using Virtual Cash'. The Wall Street Journal.
  18. ^Prabu, Karthick (April 16, 2013). '9Flats pushes digital currency Bitcoin as form of payment'. Phocuswire.
  19. ^O'Neil, Sean (November 26, 2014). '9Flats makes prepayment optional, allows cash for home rentals'. Phocuswire.
  20. ^Sheivachman, Andrew (October 10, 2016). 'Airbnb's Most Well-Funded European Rival Wimdu Is Acquired by 9flats'. Skift.
  21. ^O'Neil, Sean (October 9, 2016). 'Wimdu and 9flats combine into one short-term rental company'. Phocuswire.
  22. ^Whyte, Patrick (December 5, 2016). 'Wyndham Steps Up Investment in Sharing Economy With Two New European Deals'. Skift.

External links[edit]

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Retrieved from 'https://en.wikipedia.org/w/index.php?title=9flats&oldid=996489703'