AirAsia buys 50% stake in travel planning startup Touristly for $2.6M

 AirAsia, the budget airline for Southeast Asia that’s headquarted in Malaysia, isn’t commonly associated with startup investments, but today the company announced that it has bought a 50 percent share in trip planning service Touristly in a deal worth MYR 11.5 million, or $2.6 million. The deal will see AirAsia CEO Tony Fernandes join the startup’s board. Fernandes… Read More


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