Yahoo is being negotiated with Milewise for a deal that could be completed this week

Absrtact: The news says Yahoo is negotiating with Milewise, a travel service company based in New York, that the deal could be completed this week. Milewise provides travel information services to users through Web sites and mobile applications. Users can find the most cost-effective travel on the site

The news says Yahoo is negotiating with Milewise, a travel service company based in New York, that the deal could be completed this week.

Milewise provides travel information services to users through Web sites and mobile applications. Users can find the most cost-effective travel routes and air tickets on the site. Milewise will also organize travel rebates, discounts, gifts, and promotions, including those from companies and hotels and credit card companies who travel miles.

At the beginning of 2011, Milewise received 1.5 million dollars in seed investments, including Atlas VCs, founder Collective, General Catalyst, and high-line VCs, Inovia Capital and more than 10 famous angel investors.

After the MUI, Yahoo has acquired the news aggregation application Summly, the backlog management application Astrid, the social sharing application stamped and so on.