Airbnb Leads Investment In Restaurant-Booking App Resy

Airbnb Inc., one of the most richly funded startups in the world, is turning into an investor itself.

 

The San Francisco startup led a US$13 million funding round in restaurant-booking app Resy Network Inc., which competes with the much larger OpenTable Inc. Airbnb will use Resy’s table-booking services to expand beyond home-sharing, part of its plan to become a one-stop shop for travelers.

 

Read the full story on The Wall Street Journal here. (Subscription required)

Learn More About Wealth-X Products and Services: Contact Us