Kenyan Startup Exit: Cloud9 has been acquired by HotelOnline
Updated: Dec 12, 2020
Kenyan experiences e-commerce startup Cloud9 has been acquired for an undisclosed amount by Hotelonline. HotelOnline is a travel technology company, providing solutions for e-commerce and digital marketing to small and medium-sized hotels in African markets. The company provides a cloud-based suite of tools for rates and reservations management, AI-driven dynamic pricing, and distribution to online marketing channels, such as Online Travel Agents, Global Distribution Systems, and metasearch engines. HotelOnline has been leading e-commerce and digital marketing enabler for hotels in Emerging Markets. Founded in 2014, it has helped more than 1,500 hotels across 18 markets in Africa and the Middle East increase their online revenues.
Launched by Mesozi Group, Cloud9 has been seeing solid growth having established itself as the go-to resource for adventure seekers in African countries and Especially in East Africa. MESOZI is an award-winning provider of integrated business and technology solutions. The company brings together young energetic experts in related fields to solve a variety of business problems for small, mid-sized and large organizations.
Cloud9 cares about helping individuals and companies to cover amazing deals and things to do while they save money and collect points for every single shilling spent. Recently, they broadened their service scope to include lifestyle services such as flight and hotel booking. Whether you're looking to find something exciting to do next weekend, save up for your dream vacation, or even purchase tickets for your next flight or concert, you can shop directly from the Cloud9 app, available for iOS, Android and through their website.
Cloud 9 are joining the HotelOnline family to accomplish a bigger and much larger vision.
“We would like to extend a special thanks to all of our customers and partners who have supported us, advised us, given us priceless feedback, and allowed us to build the largest leisure experience marketplace in Africa. We’ll be working on more things at HotelOnline, and will continue to make Cloud9 services available to everyone.” Winnie Kimathi Managing Director Cloud9.
This is a big step for the Kenyan technology ecosystem. We anticipate seeing more mergers, acquisitions and exits in the African technology Ecosystem. To the Cloud9 and HotelOnline team, congratulations.
For more information and updates about Cloud9 follow them on their social media channels (Instagram, Twitter, Facebook, LinkedIn).
For further enquiries, please email winnie (at)cloud9xp (dot)com or call on +254 707 009 009