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TravelPerk Will Wade Even Further Into U.S. Territory With $160 Million Funding Boost


Where Will the Money Go?
Both companies do appear to have different intents. TravelPerk, for one, is coming to America.
A “very significant” part of the new $160 million funding will be deployed in the U.S. as it goes after winning small and mid-size businesses. This expansion will be on top of its acquisition of Santa Monica-based NexTravel in January, and more acquisitions are highly likely.
It’s a marked difference to TripActions’ European invasion, as it goes after enterprise-sized customers. “We’re alone in this market, because TripActions has taken the high end of the market. We want to double down on this gigantic market in the U.S.,” Taunay-Bucalo said. ....

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Arc XP Announces the Releases of a New eCommerce Experience, Arc Commerce


PHOTO:
Adobe
Arc XP, a cloud-based digital experience platform, has added a new B2C commerce offering called Arc Commerce. The Golden State Warriors and the Chase Center will be the first customers to leverage the platform to launch a new hospitality marketplace called the SuiteXchange.
“Arc’s digital experience platform provides us with all of the tools and capabilities to seamlessly get this new initiative off the ground, and the ability to quickly scale this business as we partner with other teams and venues,” said Brandon Schneider, Chief Revenue Officer for the Golden State Warriors. “Arc Commerce offers market leaders, like the Golden State Warriors, a first-of-its-kind solution they can take to market quickly to seamlessly support their customer relationships and storytelling. We’re excited about the next stage in our journey and to be a premiere commerce partner for brands.” ....

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