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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.
By providing widest choice, superior customer service, lowest prices and unmatched benefits, redBus has served over 18 million customers. redBus has a global presence with operations across Indonesia, Singapore, Malaysia, Colombia and Peru apart from India.
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Oct 21, 2022 · redBus is India’s first organized bus ticket booking service and the biggest aggregator of bus tickets. It has been received very promptly by the Indians. India being the 5th largest contributor to the world's GDP, aims to take the travel and tourism industry to $250 billion by 2030 and $1 trillion by 2047.
- redBus is an online bus ticket booking platform from Phanindra Sama, Charan Padmaraju, and Sudhakar Pasupunuri in 2006.
- redBus has two subsidiaries YourBus and Empresa Digital Peruana S.A.C.
- redBus charges a 10% to 20% commission on the value of the ticket.
- The parent company of redBus is Goibibo.
- Phanindra Sama, Charan Padmaraju, and Sudhakar Pasupunuri founded redBus in August 2006.
- Yes, redBus was sold to Ibibo Group for $138 million.
Jun 18, 2022 · RedBus business model explained. Target Customers: The primary target consumers of redBus are those who want to book a bus ticket without having to go to a physical location. This RedBus concept is designed to attract customers by offering customer service, discounts, and other benefits unavailable at a physical bus station.
Mar 13, 2024 · In 2023, redBus expanded its operations into Cambodia and Vietnam. redBus has cumulative sales of over 466 million bus tickets globally and a worldwide customer base of around 52 million users.
million bus tickets to date and has a customer base of around 52 million users. redBus is now part of the MakeMyTrip group (Nasdaq, MMYT) which is the largest travel aggregator in India with offerings across
Feb 28, 2024 · RedBus addressed challenges related to consumer trust, internet accessibility, and payment preferences, as well as operator resistance and integration complexities. Key Takeaways for Product ...
