Despegar.com is the leading online travel company in Latin America, known by two brands, Despegar, the global brand, and Decolar, the Brazilian brand. The Company offers travel-related services, including airline tickets, packages, hotels and other travel-related products, which enable consumers to find, compare, plan and purchase travel products easily through the marketplace. Despegar is the only pan-regional OTA operating across 20 countries with deep expertise and ability to address a growing Latin America travel market, which is expected to grow from $29.7B online travel bookings in 2016, to $47.6B by 2020. In 2016, Despegar generated $3.3B in gross bookings and $411M in revenue, versus $3.6B and $422M in 2015. Despegar has demonstrated solid growth in 2017, with gross bookings of $2.1B and revenue of $249M in the six months ended June 30, 2017 vs. $1.4B of gross bookings and $194M of revenue in the six months ended June 30, 2016, with adjusted EBITDA also up from $15M to $41M. Tiger Global is the majority shareholder with ~57% ownership. Other investors include Expedia (~16%), General Atlantic (~5%), Sequoia, Insight VP and Accel. Expedia is the most recent investor, which acquired a $270M minority stake in 2015.