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Despegar.com Announces 3Q17 YoY Growth of 32% in Gross Bookings and 24% in Revenues

DESPEGAR.COM CORP (DESP)  More Company Research Source: Business Wire
Last despegar.com corp earnings: 5/10 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.despegar.com
PDF Successfully Completes Initial Public Offering BUENOS AIRES, Argentina--(BUSINESS WIRE)-- Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”) a leading online travel company in Latin America, today announced unaudited results for the three- and nine-month periods ended September 30, 2017. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles. Third Quarter 2017 Key Highlights Transactions up 25% YoY Gross bookings and revenues up 32% and 24% YoY, respectively Number of mobile transactions up 55% YoY to 29% of total transactions Over 35 million mobile APP downloads as of September 30, 2017, up 42% YoY Packages, Hotels and Other Travel Products accounted for 55% of total revenue, up from 49% in third quarter 2016 [Read more]

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