Apple’s Former Head of Retail Joins Airbnb’s Board of Directors
The hospitality company announced that Angela Ahrendts will be its “third independent non-affiliated Board Member.”
Ahrendts spent the past five years as the Senior Vice President of Retail at Apple. Prior to that she served eight years as the Chief Executive Officer of luxury brand Burberry.
GetYourGuide Raises New Funds from SoftBank
The trip tour and activity marketplace announced that it has raised “$484 million in Series E financing led by the SoftBank Vision Fund.”
According to the company, the global market for tours and activities is expected to reach $183 billion in 2020 and is a fast-growing segment of the global tourism industry.
The company stated that it plans to use the funds to expand its global inventory of experiences, invest in its platform technology, and diversify its marketing channels.
Walmart Teams up with Lebron James
The retail giant announced that it’s working with basketball superstar, Lebron James, on initiatives that look to invest in education and fight hunger in communities across the United States.
As part of the partnership, Walmart will be providing Lebron’s I PROMISE school with “fresh and frozen food, toiletries and other basic necessities.” Lebron James will in turn be part of Walmart’s Fight Hunger. Spark Change. And Back to School campaigns.