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Serko Ltd.
SKO.AU
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New Zealand Stocks Muted But Heads for Weekly Gains

The NZX 50 index remained stable around 13,375 in early trading, with traders anticipating upcoming local data on consumer and business sentiment. Despite mixed performances in various sectors, the market is poised for its first weekly gain in three weeks, up approximately 0.9%. Key stocks like Sky Network TV and Serko Ltd. saw increases, while T&G Global and Channel Infrastructure experienced declines. Investors are also keeping an eye on global trade developments, including a meeting between President Trump and Chinese leader Xi Jinping.

Trading Economics·
Trading Economics·

90% of business travel managers use AI, but opportunities in corporate travel remain. Study surveyed 300+ U.S. managers with $50M+ revenue.

In Auckland, New Zealand, Serko Ltd. (NZX:SKO and ASX:SKO), known for its online business travel services, has collaborated with Sabre Corporation (NASDAQ:SABR), a prominent travel technology company. They have jointly unveiled the 2025 State of AI in Corporate Travel: Unlocking Opportunities, Overcoming Challenges report. This report, which is the result of a survey conducted among 300+ U.S.-based travel managers from companies with revenues exceeding $50 million, explores the impact of AI and generative AI (genAI) in the industry.

Unusual Whales·
US
SABR
-2.86%
Unusual Whales·
US
SABR
-2.86%

Serko Ltd Announces Changes in Executive Shareholdings

Serko Ltd. has announced changes in executive shareholdings, specifically regarding former COO Charles Nowaczek. His restricted share units lapsed after his employment ended, but he retains 525,696 ordinary shares. This shift in executive ownership may impact stakeholder views on corporate governance. Serko Ltd. operates in the technology sector, focusing on travel and expense management solutions for the corporate market. The company's current market cap is $241.4M, with a year-to-date price performance of -3.37%.

Tip Ranks·
Tip Ranks·

Serko (NZX:SKO) acquires GetThere, partners with Sabre to accelerate travel industry innovation.

In Auckland, New Zealand, Serko Ltd. (NZX:SKO), a prominent online business travel company, has finalized the acquisition of GetThere and initiated a collaboration with Sabre, a top software and technology firm in the travel industry. Disclosed on 28 October 2024, Serko has unveiled a lasting partnership with Sabre to boost innovation in the travel sector. This move aims to leverage the expertise and resources of both companies to enhance services and offerings to customers.

Unusual Whales·
US
SABR
-2.86%
Unusual Whales·
US
SABR
-2.86%