US travel company TripAdvisor announced this week its intent to acquire (sources tell us the confirmation is all but confirmed) La Fourchette, the Paris-based restaurant booking platform with more than 12,000 listings in France, Spain & Switzerland. Majority owned by Otium Capital since 2009, La Fourchette is expected to close down with employees continuing to work at TripAdvisor to help the company expand its local services in La Fourchette’s markets.
BREAKING: Tripadvisor announces acquisition of La Fourchette to push local services in European http://t.co/nhCd4D5JfM
— Rude Baguette (@RudeBaguette) May 6, 2014
The acquisition will allow TripAdvisor to continue their expansion into local services in Europe – the company announced the acquisition of London’s Tripbod on Monday, all ahead of the Q1 results which will be released today.
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