Trivago NV: Up after buying weekend getaways finder weekengo

trivago NV

13/01/2021 14:24

** Germany-based online hotel search website's U.S.-listed
shares  TRVG.O  rise 3.5% to $2.38 premarket; stock set to snap
two straight sessions of losses
    ** TRVG says it bought weekengo GmbH, a startup focused on
finding travelers weekend getaway packages, for an undisclosed
amount  urn:newsml:reuters.com:*:nGNE7jcHrp
    ** weekengo offers travel packages for short-term travel and
weekend getaways in Europe and the U.S. through its website
weekend.com
    ** The weekend.com app is available in Germany, Austria,
Switzerland, the Netherlands, UK, and the United States, and has
been downloaded more than 1,000,000 times, TRVG says
    ** Up to Tuesday's close, stock had fallen nearly 20% in the
past 12 months

 (Reporting by Ankit Ajmera in Bengaluru)
 ((Ankit.Ajmera@thomsonreuters.com))