A travel commerce engine with a twist is launching in South Africa soon. Lastminute.com tried to launch a local version a few years back, and it didn’t do well for a number of reasons. After speaking to the founders of this company, I believe they are going to have an extremely successful business model in a very short space of time. The site will be going live in the next few weeks, and incorporates a good deal of 2.0 way of thinking into it.
Initial funding of R2M is now closed, but a 2nd round of R5M is opening once the site goes live.
Contact me if this opportunity interests you.
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1 Eric Edelstein » Justin-Time.co.za launches // May 7, 2007 at 4:42 pm
[...] few weeks ago, I briefly mentioned a new investment opportunity in the travel portal space in which I had taken an [...]
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