Travel savings tool Service shuts down, citing COVID-19 downturn

Travel savings tool Service shuts down, citing COVID-19 downturn

4 years ago
Anonymous $9CO2RSACsf

https://techcrunch.com/2020/03/16/travel-savings-tool-service-shuts-down-citing-covid-19-downturn/

Service, a tool that helped you get compensation when there are flight delays and find lower hotel rates after you’ve already booked, today said it would shut down its service.

The company, which launched in 2015, says it faced a fundraising round that collapsed two weeks ago and was in the middle of an acquisition that collapsed on Friday. It cites the current economic downturn and COVID-19 as the reason for both of these events.

Travel savings tool Service shuts down, citing COVID-19 downturn

Mar 16, 2020, 8:36pm UTC
https://techcrunch.com/2020/03/16/travel-savings-tool-service-shuts-down-citing-covid-19-downturn/ > Service, a tool that helped you get compensation when there are flight delays and find lower hotel rates after you’ve already booked, today said it would shut down its service. > The company, which launched in 2015, says it faced a fundraising round that collapsed two weeks ago and was in the middle of an acquisition that collapsed on Friday. It cites the current economic downturn and COVID-19 as the reason for both of these events.