Despegar.com Announces 3Q19 Reported Gross Bookings Up 8% year-over-year and 26% on an FX Neutral Basis
(WorldNews Argentina)

WILMINGTON, Del.--(BUSINESS WIRE)-- Despegar.com, Corp. (NYSE: DESP), (`Despegar` or the `Company`) a leading online travel company in Latin America, today announced unaudited results for the three- and nine-months ended September 30, 2019. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles. Third Quarter 2019 Key Financial and Operating Highlights (For definitions see page 9) Gross bookings reached $1.2 billion, a year-over-year (YoY) increase of 26% on an FX neutral basis (up 8% YoY as reported) Excluding Argentina, gross bookings rose 14% YoY Revenues totaled $132.0 million, up 19% on an FX neutral basis (+9%...