Travel Booking App Hopper First Came for Expedia. Airbnb Home Rentals Are Next

Frederic Lalonde, chief executive officer of travel tech unicorn Hopper Inc., doesn’t want to be the next Airbnb Inc.—a company whose name he purposely avoids uttering in conversation.

“Pinduoduo,” he answers without hesitation when asked which company he’d rather emulate, citing the China-based mobile marketplace that was founded in 2015 and has since swallowed up vast tracts of Asia’s e-commerce economy.

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