report says Yahoo has acquired flight search start-up company Milewise

Absrtact: U.S. technology blog TechCrunch reported that Yahoo has acquired flight search start-up company Milewise. Milewise's team will move to New York to join Yahoo's recently acquired stamped team. TechCrunch's message shows that Milewise's investors have received a certain return, while

U.S. technology blog TechCrunch reported that Yahoo has acquired flight search start-up company Milewise. Milewise's team will move to New York to join Yahoo's recently acquired stamped team.

TechCrunch's news showed that Milewise's investors had received a certain return and that the company's 5-member team would join Yahoo. Currently, Milewise has closed its flight search service.

Milewise helps frequent air travel users search for the cheapest flights. Its search tool takes into account not only airfare prices but also the discounts that travel mileage brings. The company's search engine uses data from Google's ITA. With this service, users can learn how many kilometers of mileage will accrue from the purchase of an airline ticket. Although not as well known as other online travel services like Kayak, Milewise is still a powerful tool for air travellers.

For the acquisition, Yahoo said: "Today Milewise and Gopollgo joined the Yahoo Mobile team." Gopollgo has developed a cool social research tool that will join the mobile division in the California Sun Valley. The application of milewise development makes travel planning simpler and more personalized. They have joined the mobile team in New York. ”

As early as Monday, the news that Yahoo is discussing the acquisition of Milewise, but was not sure whether the deal can be achieved. The US tech blog PandoDaily later said the deal might have been completed.

Milewise has been founded for 4 years and has received 1.5 million of dollars in investment, including Venture, founder Collective, General Catalyst, and other venture capital companies, as well as some angel investors. Investors have received a certain amount of return on the acquisition.

Industry insiders believe that the acquisition of Milewise will help Yahoo Travel Service website travel.yahoo.com and competitors of the differentiation. Although Milewise's own services are closed and search engines no longer provide services, the company's technology will be integrated into Yahoo's travel applications. Milewise users have received e-mail notifications informing them of the export of personal data.

Milewise co-founder Nicola Meyers (Nicholas Meyer) and Vinais Plim (Vinay Pulim) had previously created Reble.fm and then sold it to playlist.com. This type of veteran entrepreneur is the target of Yahoo CEO Marissa Marissa Mayer. Ms. Mayer emphasizes the user experience of Yahoo's products, and these entrepreneurs are experienced in providing a simple and easy-to-use experience.