Reported 12 months ago
American Express announced its acquisition of Tock, a restaurant booking app for 7,000 venues, for $400 million. With ownership of Resy and Tock, Amex offers exclusive reservations for cardholders, impacting access for non-cardholders. This move reflects the trend of credit card companies providing exclusive perks to customers, potentially creating new challenges for securing reservations at top restaurants.
Source: YAHOO