Redbus Acquisition by Ibibo Web Pvt Ltd.

Posted on

In the biggest overseas strategic acquisition of an Indian internet asset, ibibo web pvt ltd has bought redBus, the Bangalore-based online bus ticketing portal.

 This is foot stomping, back slapping news because today, redBus aggregates 228,000 seats per day, sells more than a million bus tickets a month and has over 600 employees. In 2011-12, the net revenue is said to have been Rs 33 crore.

 Ashish Kashyap, CEO of Ibibo Group, said this acquisition would make the group one of the largest in the online travel space. Given that ibiboGroup already is operates other travel businesses like Goibibo and also TravelBoutiqueOnline, which is a B2B aggregator, we realise that by combining the volumes of these businesses we would become one of the biggest online travel businesses in the country.

Advertisements

4 thoughts on “Redbus Acquisition by Ibibo Web Pvt Ltd.

    Discounted Hotel Rooms in Amritsar said:
    February 9, 2015 at 6:31 pm

    You are so cool! I don’t suppose I’ve read something like that before.

    So wonderful to discover someone with genuine thoughts on this subject matter.

    Really.. many thanks for starting this up. This web
    site is something that is needed on the web, someone with a little originality!

    Like

    travel sawarna said:
    April 15, 2015 at 5:25 pm

    Heya this is kinda of off topic but I was wondering if blogs
    use WYSIWYG editors or if you have to manually code with HTML.
    I’m starting a blog soon but have no coding expertise so I
    wanted to get guidance from someone with experience.
    Any help would be greatly appreciated!

    Like

    rental mobil murah makassar said:
    May 23, 2015 at 11:47 am

    Great information. Lucky me I recently found your site by chance (stumbleupon).
    I have bookmarked it for later!

    Like

    google accounts login gmail said:
    August 1, 2015 at 2:26 pm

    What’s the main difference from the Google Plus page and a profile.

    This keyword appears in Google search so your profile gets more influence and promotes your
    company. How to become successful in Ad – Words
    can be achieved in case you understand well how this ad system works,
    and the following ought to be done for fast success.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s