American Express Global Business Travel (Amex GBT) agreed to acquire global business travel and meetings solutions provider CWT for $570 million. The planned acquisition would offer CWT’s 4,000 customers access to the Amex GBT ecosystem and create about $850 million in revenue, the companies said in a Monday (March 25)...
Business travel, once a stalwart of corporate existence, has been taxiing on the post-COVID runway. But the strong financial results posted by American Express Global Business Travel (Amex GBT) on Tuesday (March 5) for the fourth quarter and full year ending Dec. 31 point to hopes...
American Express has launched a small business-focused integration with American Express Global Business Travel. The collaboration, announced Monday (Mar. 4), lets businesses issue a virtual card for their employees via American Express Global Business Travel’s (Amex GBT) Neo1 spend management platform. This integration, the company said in...
American Express Global Business Travel says its focus on small businesses was a wise bet. The company released quarterly earnings Tuesday (Nov. 7) showing transactions in its small and medium-sized enterprise (SME) category growing 10% from the same quarter in 2022. “Our results continue to be very encouraging,”...
May 07, 2024
American Express Global Business Travel (Amex GBT) saw global multinational customers increase their business travel during the first quarter. The growth in travel by these companies outpaced that of small- to medium-sized businesses (SMBs) for the first time since the recovery from the pandemic, the B2B software and services company for travel and expense said Tuesday (May 7) […]
March 25, 2024
American Express Global Business Travel (Amex GBT) agreed to acquire global business travel and meetings solutions provider CWT for $570 million. The planned acquisition would offer CWT’s 4,000 customers access to the Amex GBT ecosystem...
March 04, 2024
American Express has launched a small business-focused integration with American Express Global Business Travel. The collaboration, announced Monday (Mar. 4), lets businesses issue a virtual card for their employees via American Express...
November 07, 2023
American Express Global Business Travel says its focus on small businesses was a wise bet. The company released quarterly earnings Tuesday (Nov. 7) showing transactions in its small and medium-sized enterprise (SME) category...
