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Glocalization: Easier Said Than Done

By Marc Spiegler
10.09.2000
Categories

U.S. Internet Companies Fan Out in Europe

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*In Millions. Source: Companies Listed

LASTMINUTE AT A GLANCE

CEO: Brent Hoberman

HQ: London

Offices: Amsterdam, Barcelona, Milan, Munich, Paris, Stockholm

Founded: April 1998

What they do: Last-minute flight, hotel and restaurant reservations, package tours, gifts, events

Employees: 300

Q3 2000 Losses: $13.4 million

Q3 2000 Revenues: $12.8 million

IPO: March 13, 2000

Offer Price: $30

Stock History: High, $46.50; Low, $8.75; Now, $11.13

Source: Lastminute.com

Marc Spiegler writes from Zurich about the European Internet Economy.