Thursday 30 April 2020

Google under fire for squeezing travel startups hit by coronavirus refunds

Google under fire for squeezing travel startups hit by coronavirus refundsGoogle is facing anger from the German startup ecosystem for refusing to restructure ad payments linked to travel and transport bookings that were subsequently wiped out by the coronavirus crisis. TechCrunch has seen a letter addressed to Google that's co-signed by eight travel industry startups in which the tech giant is asked for flexibility in how it enforces payment terms around these earlier ad auctions. The eight startups represent €75M+ ($80M+) in ad revenues for Google in Q1 2020, per the letter.




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