Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Lastminute.com NV    LMN   NL0010733960


News SummaryMost relevantAll newsOfficial PublicationsSector news

Seedstars World and Bravofly Rumbo Group announce launch of Travel startup competition

share with twitter share with LinkedIn share with facebook
share via e-mail
02/04/2015 | 08:05am EDT


Seedstars World and Bravofly Rumbo Group announce the launch of a

Travel startup competition in 30 countries for 2015

FEB 4th, GENEVA, SWITZERLAND: The international startup competition, Seedstars World SA, announces its partnership with Bravofly Rumbo Group (BRG:SIX), the Swiss-based and publicly traded online travel company. The announcement was made during the Seedstars World Final Event, the final round of pitching for the international startup competition focused on emerging markets and fast growing startup scenes. In its 2014 edition, Seedstars World organised regional competitions in partnership with incubators, investors and startup communities to select the best entrepreneurs from each country. All selected companies were invited to Geneva for the final battle to receive an equity investment of up to USD 500k.

For its third edition, Seedstars World will partner with Bravofly Rumbo Group to launch a "Travel Track", which will be held in parallel with the original Seedstars World competition. Seedstars World will organise local pitching events in more than 30 countries to select the best travel startups. Bravofly Rumbo Group will finally invest up to USD 500k in the winner of the competition and bring its knowledge and powerhouse to support this investment.

Marco Corradino, co-founder of Bravofly Rumbo Group: "We're very excited to be partnering with Seedstars World for their 2015 tour. Bravofly Rumbo Group is currently expanding its global outreach, particularly in Asian Pacific and Latin American countries, and we hope to make meaningful connections and partner with Seedstars World certified startups."

Pierre-Alain, Seedstars World co-founder stated that the added focus on the travel industry was a strategic move, as he believes that "the travel industry has always been innovative, first breaking online barriers and now moving into mobile commerce. With more than 1.1 billion people travelling out of their home country in 2014 alone (source: UN's World Tourism Organization), there is a huge market potential and I believe that it is important for Bravofly Rumbo Group to stay close to the innovation and startup space, as it will be, of course, a driver for growth."

This partnership will also be reflected at the Final Event taking place in February 2016, where, alongside the traditional competition for selecting the best global Seedstars World startup, there will be a separate track for selecting the best global travel startup, with Bravofly Rumbo Group's co-founder acting as the jury.

Seedstars World CEO, Alisee de Tonnac, stated: "during the 2014 tour, we visited 36 countries and received more than 1500 applications. For the third edition, we expect to scale to 50 countries as we continue to build our network of startups, investors, incubators and other stakeholders, which aims to positively impact economic development and job creation. They have a strong presence in Europe and is planning to widen its global footprint with particular focus on Asia and Latin America through organic growth and external investments, both in large-size companies as well as in start-up businesses. That's why they have decided to launch, within the Seedstars World Competition, the "Travel Track Competition."

For the upcoming Seedstars World tour starting Spring 2015, Bravofly Rumbo Group and Seedstars World will plan an itinerary nominating 30+ countries, such as Russia and Indonesia. All information regarding the selection process and dates of the local pitching events will be available on seedstarsworld.com from March 2015.

About Seedstars World

"One of the best European events for startups in 2014" - TechCrunch

Seedstars World is an exclusive seed-stage startup competition focused on emerging markets and fast growing startup scenes. The mission is to discover the best startups beyond Silicon Valley and Western Europe and help them succeed. Startups that win a Seedstars World local event receive mentoring, access to the global network, a week in Switzerland to prepare for the Final Event and the potential to receive funding from Seedstars World or from their investor network. The first edition of the global startup competition took place in 2013 with 20 countries, increasing to 36 in 2014. Seedstars World is part of the Seedstars group, based in Geneva, Switzerland. Seedstars aims to create and develop startups around the world ("global venture builder").

About Bravofly Rumbo Group

Bravofly Rumbo Group is an online travel agency, or OTA, with a strong presence in Europe. Its web and mobile platforms enable consumers to easily search for, compare and book flights with traditional airlines and low cost carriers, as well as hotel accommodation, package holidays, cruises, rental cars and other travel-related products and services. The Group traces its roots back to 2004, with the launch of Volagratis, a pioneer search engine for low cost flights in the Italian market. Today it operates websites in 15 languages and is localized in more than 35 countries. Its core markets are Italy, Spain and France. The Bravofly Rumbo Group is strengthening its position in other European markets and expanding to untapped markets in selected Asian Pacific and Latin American countries. The Group operates under a number of key brands, including Bravofly, Rumbo, Volagratis, Jetcost, Crocierissime and Bravoavia. With more than 4.5 million passengers handled per year, Bravofly Rumbo Group complements its online offer with customer service support in 13 languages. Bravofly Rumbo Group is listed on SIX- Swiss Exchange.

Press Contact

High-resolution photos, logos, as well as press information and interview options are available on demand. Feel free to contact the following representatives:

Alisee de Tonnac

Priscilla Daroda

Seedstars World SA

Bravofly Rumbo Group



Follow Seedstars World on

Follow Bravofly on

Seedstars World SA / Avenue Cardinal-Mermillod 36, 1227 Carouge, Switzerland / info@seedstarsworld.com

Tensid Ltd., Switzerland


Provider/Channel related enquiries
+41 41 763 00 50
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on LASTMINUTE.COM NV
03/28STILLFRONT PUBL : Group name eRepublik Labs co-founder Alexis Bonte new Group CO..
03/19LM GROUP : Holiday business drives growth to-wards a 2018 record year. Guidance ..
02/12lm group hits a record year in 2018
02/07LASTMINUTE COM : The cheapest places for holiday essentials
02/07LASTMINUTE COM : Three of the cheapest cities to visit this Valentine's Day for ..
02/04lm group announces corporate communication calendar 2019
2018LASTMINUTE COM : 20 years in the online travel industry
2018lm group lifts guidance, stimulated by strong summer months
2018lm group announces the cancellation of 2,193,395 shares is effective
2018lm group publishes half-year results – strong growth in Holiday Package..
More news
Financials (€)
Sales 2019 298 M
EBIT 2019 19,6 M
Net income 2019 12,7 M
Finance 2019 35,9 M
Yield 2019 -
P/E ratio 2019 16,81
P/E ratio 2020 12,83
EV / Sales 2019 0,60x
EV / Sales 2020 0,51x
Capitalization 214 M
Duration : Period :
Lastminute.com NV Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends LASTMINUTE.COM NV
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 19,4 €
Spread / Average Target 6,0%
EPS Revisions
Fabio Cannavale Group Chief Executive Officer & Executive Director
Ottonel Popesco Non-Executive Chairman
Marco Corradino Chief Operating Officer & Executive Director
Sergio Signoretti Chief Financial Officer
Roberto Italia Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ALPHABET21.59%881 187
BAIDU9.26%60 564
NAVER CORP--.--%17 298
YANDEX38.25%12 286