From Entrant To Exit: Corporate Travel Startups Find Shelter In Covid's Storm

American Express Global Business Travel's acquisition last Thursday of messaging-based agency automation player 30SecondsToFly is the latest corporate travel startup acquisition inked in Covid-19's wake. In recent years, a sizable crop of tech startups, many backed by venture capital, entered the corporate travel market to disrupt, digitize or deliver new concepts to a field dominated by legacy tech and entrenched players. Hastened by the pandemic, exits this year have been common.