Comvel - weg.de

Comvel - weg.de

Offers top-rated hotels with a recommendation rate, cheap flights as well as cruises, rental cars and ski trips. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2016201720182019202020212022
Revenues---27.7m1.8m13.0m26.5m
% growth----(94 %)630 %104 %
Profit(<1m)(<1m)2.9m(1.4m)(5.5m)4.1m6.3m
% profit margin---(5 %)(310 %)31 %24 %
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DateInvestorsAmountRound

N/A

Seed

€38.0m

Valuation: €38.0m

1.8x EV/LTM Revenues

Acquisition
Total Funding-

Recent News about Comvel - weg.de

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More about Comvel - weg.deinfo icon
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weg.de is a prominent online travel agency specializing in providing a wide array of travel services, including cruise and flight bookings. Catering to a diverse clientele, weg.de serves both individual travelers and families seeking comprehensive travel solutions. The company operates in the highly competitive travel and tourism market, leveraging its extensive partnerships with major cruise lines such as AIDA, Royal Caribbean, and MSC Cruises, as well as airlines like Lufthansa, Ryanair, and British Airways.

weg.de's business model revolves around offering a user-friendly platform where customers can easily compare and book travel packages, cruises, and flights. The company generates revenue through commissions from travel service providers and fees for premium services offered to travelers. By maintaining a robust online presence and utilizing advanced technology, weg.de ensures a seamless booking experience for its users.

Key features of weg.de include a comprehensive search engine, personalized travel recommendations, and exclusive deals on travel packages. The platform's ability to aggregate a wide range of travel options makes it a go-to destination for travelers looking for convenience and value.

Keywords: online travel agency, cruise bookings, flight bookings, travel packages, user-friendly platform, travel deals, personalized recommendations, global travelers, travel commissions, advanced technology.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.