IKEA plans to expand its business segment and build a hundred affordable boutique hotels across Europe.
Along with facilitating piracy within its search engine, Google announces the acquisition of all of John Wiley & Sons Inc.'s travel assets, including the Frommer's brand. With the move Google will expand its local services and own about 350 travel guides and the Frommers.com travel-planning website.
Facebook has partnered with Gamesys, an independent gaming company to launch a new branch on its platform. Now users in Britain who are at least 18 can play Bingo on Facebook and the company will pay winners real money.
Starbucks has announced it invests into mobile payments start-up Square to make payment experience for customers even better.
After several idle attempts to start working in Russia and failing to do that due to the high level of corruption, Sir Richard Branson's Virgin Atlantic Airlines is expected to operate flights from London to Moscow next year.
Volkswagen Aktiengesellschaft and Porsche Automobil Holding SE have announced they will create the integrated automotive group. According to the statement, Porsche will be contributed to the Volkswagen Group starting August 1.
Following the previous announcement made in March 2012, the British international department store chain Debenhams has confirmed plans to open its first store in Russia this September.
Google's YouTube has announced a new platform for marketers dubbed Video Creation Marketplace. It will connect content creators on YouTube with marketers or agencies rolling out viral campaigns.