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April 19, 2017 01:58 pm GMT

AirAsia buys 50% stake in travel planning startup Touristly for $2.6M

AirAsia, the budget airline for Southeast Asia that’s headquartedin Malaysia, isn’tcommonly associated with startup investments, but today the company announced that it has bought a 50 percent share in trip planning service Touristlyin a deal worth MYR11.5 million,or $2.6 million.The deal will see AirAsia CEO Tony Fernandes join the startup’s board. Fernandes… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/slibf-nxYLM/

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