Serko invests in travel recovery

Wed, 18 Nov 2020

Serko posted a loss of $10 million in six months through September as it continued to invest in its platform to prepare for what it sees as an inevitable recovery in business travel.Chief executive Darrin Grafton said businesses still want to meet clients in person rather than on Zoom. As as an example, he said immediately after lockdown he watched two other travellers at an airport, who were competitors within an industry, greet each other in surprise while boarding a flight. “Both were jumping on a plane to go visit a potential cus...

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