Despegar.com, Inc.’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Despegar is an online travel agency that offers tour packages, flight tickets, rental cars and hotel booking services for individuals and businesses. Read more

Despegar is an online travel agency that offers tour packages, flight tickets, rental cars and hotel booking services for individuals and businesses. Read more

Damian Scokin's photo - CEO of Despegar.com, Inc.

CEO

Damian Scokin

CEO Approval Rating

87/100

Founded:

1999

Status:

PublicNYSEDESP

Annual Revenue
Employees
Headquarters
Buenos Aires

TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

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KAYAK is Despegar.com, Inc.'s #1 rival. KAYAK is a Private company that was founded in Stamford, Connecticut in 2004. Like Despegar.com, Inc., KAYAK also works within the Travel Agency field. KAYAK has 2,029 fewer employees vs. Despegar.com, Inc..

Almundo.com SRL is perceived as one of Despegar.com, Inc.'s biggest rivals. Almundo.com SRL was founded in 1992, and is headquartered in Castelar, Buenos Aires Province. Like Despegar.com, Inc., Almundo.com SRL also operates in the Travel Agency sector. Almundo.com SRL generates $271.9M less revenue vs. Despegar.com, Inc..

Best Day Travel is a top competitor of Despegar.com, Inc.. Best Day Travel is a Private company that was founded in 1984 in Cancun, Quintana Roo. Like Despegar.com, Inc., Best Day Travel also operates in the Travel Agency space. Compared to Despegar.com, Inc., Best Day Travel has 229 fewer employees.

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Quarterly and Annual Revenue

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Annual Revenue

$331.9M

Despegar.com, Inc.'s revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 1.4B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
KOIN

Aug 2020

Source »
$4M
KOIN is an online payment platform that provides credit card processing and payment solutions for individuals and businesses.
Viajes Beda, S.A. de C.V.

Jan 2020

Source »
$136M
Best Day Travel is an online platform that offers reservation processing and shuttle services for the tourist industry.

These are all the companies that Despegar.com, Inc. has acquired. Despegar.com, Inc. has acquired 2 companies and its latest acquisition was KOIN in Aug 2020. KOIN is an online payment platform that provides credit card processing and payment solutions for individuals and businesses.

Despegar.com, Inc. Funding History

$10.5M$280.5M$612.5M$852.5M

Since Despegar.com, Inc. was founded in 1999, it has participated in 5 rounds of funding. In total Despegar.com, Inc. has raised $852.5M. Despegar.com, Inc.'s last funding round was on Sep 2020 for a total of $200.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Private Placement
Sep 2020
$200M

LCLA Daylight LP

Debt
Jun 2020
$40M
-
IPO
Sep 2017
$332M

Corporate Round
Mar 2015
$270M
Venture Round
May 2000
$10.5M

Total Funding: $852.5M

Since Despegar.com, Inc. was founded in 1999, it has participated in 5 rounds of funding. In total Despegar.com, Inc. has raised $852.5M. Despegar.com, Inc.'s last funding round was on Sep 2020 for a total of $200.0M

Investments

No recent investments found related to Despegar.com, Inc.

Despegar.com, Inc. News

September 20, 2020MarketScreener

Announces Closing of Investments by L Catterton and Waha Capital

(marketscreener.com) Closes $200 million Capital Raises Two New Directors Appointedhttps://www.market... See more »
August 27, 2020Zolmax News

Despegar.com Corp to Post Q3 2020 Earnings of ($0.44) Per Share, KeyCorp Forecasts (NYSE:DESP)

Despegar.com Corp (NYSE:DESP) - Stock analysts at KeyCorp dropped their Q3 2020 earnings per share (E... See more »
August 26, 2020Phocus Wire

Despegar gets $200M in investments, sees "positive trend" in bookings | PhocusWire

Despegar's bookings declined 94% year-over-year in the second quarter, but the company is expressing ... See more »
August 25, 2020Contxto

Despegar wants to take flight with US$200M investment and fintech acquisition

Despegar wants to take flight with US$200M investment and fintech acquisition... See more »
August 24, 2020Wamda

Waha Capital invests in Argentina-based Despegar

Source: WAM Waha Capital PJSC, a leading investment company in Abu Dhabi (ADX: WAHA), has announced a... See more »
August 22, 2020Zacks

Despegar.com (DESP) Reports Q2 Loss, Lags Revenue Estimates

Despegar.com (DESP) delivered earnings and revenue surprises of 35.42% and -386.29%, respectively, fo... See more »
August 22, 2020LAVCA

Waha Capital to Invest US$50m in Argentine Traveltech Despegar.com

Waha Capital has agreed to invest US$50m in Argentina-based online travel company Despegar.com via a ... See more »

Despegar.com, Inc. Press Releases

January 7, 2020ForImmediateRelease

Despegar.com Announces Participation at Upcoming Investor Conferences

Business News first on FIR: WILMINGTON, Del.-()-Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the ... See more »
November 7, 2019Business Wire

Despegar.com Announces 3Q19 Reported Gross Bookings Up 8% year-over-year and 26% on an FX Neutral Basis

WILMINGTON, Del.--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company") a ... See more »
October 29, 2019Business Wire

Despegar.com Enters 10-Year Exclusive Co-brand Agreement with ICBC for Argentina

WILMINGTON, Del.--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company") a ... See more »
October 24, 2019Business Wire

Despegar.com Announces API Connectivity Agreement with Ctrip

WILMINGTON, Del.--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) ("Despegar" or the "Company"), a ... See more »
October 17, 2019Business Wire

Despegar.com Announces Third Quarter 2019 Financial Results Call and Webcast

WILMINGTON, Del.--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel compan... See more »
August 8, 2019Business Wire

Despegar.com Announces 2Q19 Year-Over-Year Gross Bookings Up 15% on an FX Neutral Basis

WILMINGTON, Del.--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company") a ... See more »
July 18, 2019Business Wire

Despegar.com Announces Second Quarter 2019 Financial Results Call and Webcast

BUENOS AIRES, Argentina--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel... See more »

Despegar.com, Inc. Videos

June 24, 2020Despegar Youtube Channel

"Qu hacer gratis en Nueva York?" on YOUTUBE

June 24, 2020Despegar Youtube Channel

"24 Hs en Miln" on YOUTUBE

June 24, 2020Despegar Youtube Channel

"Madrid Vs. Barcelona" on YOUTUBE

June 24, 2020Despegar Youtube Channel

"Sidney Vs. Auckland" on YOUTUBE

June 2, 2020Despegar Youtube Channel

"Gua de viaje Despegar - Milan" on YOUTUBE

Social Statistics

Headquarters

Juana Manso 999

Buenos Aires, Capital federal1107

54-11-4894-3500

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Summary

ABOUT

Overview

Despegar is an online travel agency that offers tour packages, flight tickets, rental cars and hotel booking services for individuals and businesses. Despegar.com, Inc. was founded in 1999. Despegar.com, Inc.'s headquarters is located in Buenos Aires,...

CEO

Despegar.com, Inc.'s CEO, Damian Scokin, currently has an approval rating of 87%. Despegar.com, Inc.'s primary competitors are KAYAK, Almundo.com SRL & Best Day Travel.

Website

despegar.com

Frequently Asked Questions about Despegar.com, Inc.

  1. When was Despegar.com, Inc. founded?

    Despegar.com, Inc. was founded in 1999
  2. Who is Despegar.com, Inc.'s CEO?

    Despegar.com, Inc.'s CEO is Damian Scokin
  3. How much revenue does Despegar.com, Inc. generate?

    Despegar.com, Inc. generates $331.9M in revenue
  4. How much funding does Despegar.com, Inc. have?

    Despegar.com, Inc. has historically raised $852.5M in funding
  1. Where is Despegar.com, Inc.'s headquarters?

    Despegar.com, Inc.'s headquarters is in Buenos Aires Capital federal, AR
  2. How many employees does Despegar.com, Inc. have?

    Despegar.com, Inc. has 3,029 employees
  3. What sector does Despegar.com, Inc. operate in?

    Despegar.com, Inc. is in Travel Agency
  4. Who are Despegar.com, Inc.'s competitors?

    Despegar.com, Inc.'s top competitors are KAYAK, Almundo.com SRL, Best Day Travel