American Express has acquired Tock, a restaurant reservation and event management company, from Squarespace for $400 million. The acquisition will add 7,000 hospitality businesses to AmEx's network, targeting its premium customers who are prolific spenders. AmEx previously acquired Resy in the dining and event space.
American Express to acquire Tock reservations platform and tech company Rooam. American Express now owns both Tock and Resy: two of the largest reservations and event management platforms in the restaurant industry https://t.co/aLvc8UT8dT https://t.co/LXyurCLf8v
AmEx began making acquisitions in the dining and event space with its purchase of Resy five years ago, giving cardmembers access to hard-to-get restaurants. https://t.co/zarfRfIQY4
AmEx buys dining reservation company Tock from Squarespace for $400M https://t.co/6FaT7IEJku
American Express buys dining reservation company Tock from Squarespace for $400M https://t.co/eEzio1DZHn
The credit card giant American Express has acquired Tock, a restaurant reservation and event management company, for $400 million from the digital commerce platform Squarespace, American Express said on Friday. https://t.co/zAH1jyyKJz
The buyout of Tock will add another 7,000 restaurants, wineries and other hospitality businesses to AmEx's network, and allow restaurants to better target AmEx's premium customers who are typically prolific spenders. https://t.co/sq0JI8qZMa
The credit card giant American Express has acquired Tock, a restaurant reservation and event management company, from the digital commerce platform Squarespace for $400 million, the company said on Friday. https://t.co/uQi1MnYEsy