Skift Take

Wego's expansion into the business travel sector, facilitated by its acquisition of Travelstop, is a strategic move driven by market opportunities and the company's desire for diversification and growth.

Middle East-based online travel marketplace Wego has acquired corporate travel platform Travelstop as part of its expansion into business travel and expense management.

Speaking to Skift, Wego CEO and Co-Founder, Ross Veitch, refrained from disclosing the acquisition's financial details. However, he said, “I see a wide-open opportunity to bring next-generation business travel and expense management products to markets where Wego is already well established and being used to book a lot of self-managed business trips.”

A Brief History of Travelstop

Travelstop, founded in 2017 and based in Singapore, aimed to extend the benefits of business travel management to small- and medium-sized enterprises and other modestly-sized businesses throughout Southeast Asia.

Travelstop was also among Skift’s list of the world’s top 25 travel startups to watch in 2019.

The company was