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)