By John Oates
Published: 3 August 2000 09:14 GMT
Online travel site lastminute.com has posted losses of £9.27m for the quarter ending 30 June 2000, down from £11m for the same period last year.
A 50 per cent increase in registered users has contributed to the turnaround and the number of subscribers has now exceeded two million - nearly a third of which are outside the UK.
The company has sold more than 90,000 items over the quarter, half of which were unrelated to travel.
Looking forward to future results, the company claimed July was its busiest month ever.
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