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November 25, 2004
LastMinute.com reports continued losses
One of the survivors of the Dotcom boom and bust years, LastMinute.com is waning with continued losses, direct threats from expansionist Expedia, and the lack of the entrepenuerial control of its original founder, Martha Lane Fox.
Although remaining founder and chief executive Brent Hoberman is trying to put a brave face on events, the markets gave the company a thumbs down, wiping nearly 15% from the stick price: Lastminute losses almost double.
Posted by at November 25, 2004 04:02 PM
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