Tripadvisor Enters into Agreement to Sell TheFork to American Express for $700 Million
Tripadvisor has entered into an agreement to sell its European restaurant reservation platform, TheFork, to American Express for $700 million in an all-cash transaction. The deal follows a February 2026 strategic review and is expected to close before the end of 2026, subject to regulatory approvals and labor consultations.
Key figures
- Deal Value Usd
- 700000000
- Thefork ttm revenue
- 232000000
- Thefork ttm adjusted ebitda
- 28000000
AI analysis
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