AXP · News · 20261105N
TheFork Acquisition
AMERICAN EXPRESS CO · 2026-11-05 · Importance 52 · Surprise 42 · In source text
Tripadvisor reportedly sold its European restaurant reservation platform, TheFork, to American Express for $700 million. The reported consideration exceeds the stated $337 million revenue materiality threshold. The digest provides no additional terms or timing for the transaction.
Key facts
- Tripadvisor sold its European restaurant reservation platform, TheFork, to American Express for $700 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -0.2% | Tripadvisor sold its European restaurant reservation platform, TheFork, to American Express for $700 million. |
| assets | positive | committed | +0.2% | Tripadvisor sold its European restaurant reservation platform, TheFork, to American Express for $700 million. |