 | This article contains content that is written like an advertisement. (August 2019) |
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| Company type | Private |
|---|---|
| Industry | Online travel |
| Founded | 2006[1] |
| Founders |
|
| Headquarters | , |
Area served | |
Key people | |
| Products | Booking buses, trains and cabs |
| Revenue | US$85 million (2019)[2] |
| Parent | MakeMyTrip |
| Website | www |
redBus is an Indian online bus ticket booking company that provides bus ticket booking through its website and iOS and Android mobile apps. It is headquartered in Bangalore and works like a hub, acting as a medium for a network of more than 3500 bus operators,[3][4] across the countries of India, Malaysia, Indonesia, Singapore, Peru, and Colombia. It claims to have registered over 180 million trips,[3] with a customer base of over 20 million.[3] In 2018, the company achieved a GMV of ₹50 billion (equivalent to ₹67 billion or US$800 million in 2023), with a 70% share in the Indian online bus ticketing segment.[4]
In 2013, redBus was acquired by Ibibo Group.[5] In 2017, the Ibibo Group was acquired by MakeMyTrip.[6]
- ^ "redBus Eyes Next Phase Of Growth From Further Expanding International Ops". Inc42 Media. 10 August 2019. Archived from the original on 27 November 2020. Retrieved 18 March 2021.
- ^ "redBus eyes revving up bus ticketing revenues from overseas operations". Business Standard India. 27 February 2020. Archived from the original on 28 February 2020. Retrieved 18 March 2021.
- ^ a b c Cite error: The named reference
livemintwas invoked but never defined (see the help page). - ^ a b Cite error: The named reference
thehindubusinesslinewas invoked but never defined (see the help page). - ^ "Tencent, Naspers JV Ibibo Buys Redbus To Grow Its Online Travel Empire In India". TechCrunch. Archived from the original on 1 August 2019. Retrieved 1 August 2019.
- ^ "MakeMyTrip Limited and ibibo Group to combine". www.naspers.com. Archived from the original on 23 November 2018. Retrieved 28 October 2018.