New York, 15 June 2026 – American Express will acquire TheFork, Tripadvisor’s restaurant-booking platform, in a US$700 million all-cash deal, strengthening its position in dining, travel and lifestyle experiences as premium card issuers compete more aggressively for high-spending consumers.

The acquisition will expand American Express’ dining network to 75,000 bookable venues and deepen its international reach, particularly in Europe, where TheFork connects diners with more than 50,000 restaurants across 11 countries.

Unlock the Full Article

This article is exclusive to The Ledger Asia Subsribers / PAID members.

Subscribe to Read More

Already have an account? Log in here

Author

Tim Clark

Tim Clark is a Senior Geopolitical Analyst for The Ledger Asia, specializing in the intersection of international relations and market stability. With over a decade of experience, Tim provides deep-dive insights into Indo-Pacific security, global supply chain resilience, and the strategic competition between major powers.

Previously a consultant for leading international think tanks, he focuses on how shifting diplomatic landscapes and maritime disputes impact corporate governance and trade policy. At The Ledger Asia, Tim’s analysis equips readers with the clarity needed to navigate the complex regulatory and economic environments of Southeast Asia and beyond.

Nallini’s Appointment Signals New Chapter for Malaysia’s Media Council

Fox Makes $22 Billion Bet on Streaming With Roku Acquisition

American Express to Buy TheFork for US$700 Million as Dining Becomes a Premium Card Battleground

Malaysia and Korea Deepen Biogas Cooperation as Carbon Neutrality Push Gains Momentum

Singapore Labour Market Shows Strain as Retrenchments Rise and Job Vacancies Fall

Ringgit Strengthens as US-Iran Peace Deal Hopes Lift Market Sentiment

Sweden Advances Green Steel Ambitions as LKAB Wins Approval for Fossil-Free Iron Plant

Australian LNG Strike Extended as Unions Push Inpex for Better Job Security

Xiaohongshu Readies Hong Kong IPO Filing as Chinese Tech Listings Regain Momentum

Britain Moves to Ban Social Media for Under-16s in Landmark Child Safety Crackdown

Powerwell Secures Record RM158.8 Million Johor Data Centre Contract

N-able Bets on India’s AI Talent Pool, Plans 50% Workforce Expansion by End-2026

AT&S Commits Up to €2 Billion to Malaysia Expansion as AI Infrastructure Demand Surges

Yen Short Bets Hit Nine-Year High as Carry Trade Returns to Global Markets

Malaysia’s RM2.97 Billion Scam Crisis Puts Digital Economy Trust Under Pressure

ByteDance Eyes China-Made AI Chips as Domestic Semiconductor Push Gains Ground

Schneider Electric and Foxconn Partner to Scale AI Data Centre Infrastructure

Manulife IM Malaysia Launches Singapore Equity Fund as Market Reforms Unlock New Opportunities

Canada’s AI Warning Shows Digital Sovereignty Is Becoming an Economic Priority

Kerjaya Prospek Wins RM529.32 Million Bukit Tunku Villa Residences Contract

Nallini Pathmanathan to Lead Malaysian Media Council as Media Industry Enters Critical Reform Phase

Malaysia’s Inflation Seen Staying Within 1.5% to 2.5% as Policy Support Contains Price Pressure

Pentech Holdings Jumps in ACE Market Debut as IPO Demand Signals Cybersecurity Appetite

Ringgit Opens Firmer as Improved Sentiment Lifts Regional Risk Appetite

Singapore to Start Gold Clearing This Year in Push to Become Bullion Hub

Bitcoin Rallies to Two-Week High as US-Iran Deal Revives Risk Appetite

Zhipu Shares Surge as JPMorgan Call Fuels China AI Stock Frenzy

Oil Prices Fall More Than 4% as US-Iran Deal Eases Hormuz Supply Fears

Oil Prices Fall More Than 4% as US-Iran Deal Eases Hormuz Supply Fears

Gold Rises as US-Iran Peace Deal Eases Oil and Inflation Fears

American Express to Buy TheFork for US$700 Million as Dining Becomes a Premium Card Battleground

Unlock the Full Article

Author

Related

American Express to Buy TheFork for US$700 Million as Dining Becomes a Premium Card Battleground

Unlock the Full Article

Author

Share this:

Related