Chinese acquisition for Skyscanner

TD Guest Writer

Guest Writers are not employed, compensated or governed by TD, opinions and statements are from the specific writer directly

YouBibi
YouBibi

Skyscanner has acquired Chinese metasearch company Youbibi.

The acquisition will bring Youbibi’s mainland Chinese expertise with Skyscanner’s international flight coverage with the Chinese company to act as a subsidiary.

The financial details of the deal have not been announced.

Gareth Williams, Skyscanner’s co-founder and CEO said: “Since we established our China team in 2012, the number of visitors to our site and apps across the country has grown tenfold, yet we’re still only at the start of the growth opportunity we see here. This acquisition brings the best of both worlds with Skyscanner’s international coverage and Youbibi’s domestic travel search and intimate knowledge of the Chinese traveller. The acquisition takes us from being a strong international travel specialist in China to a truly global travel service provider for Chinese nationals, domestically and internationally.”

Youbibi co-founder and CEO Steven Pang added: “We built our website and app with the goal of making it as easy as possible for travellers across China to find their ideal holiday. We are proud of the technology that we have developed and, by bringing this together on our platform with Skyscanner’s global flight expertise, we believe we can create a really exciting travel search tool for all Chinese travellers.”

Klook.com
You might also like

Comments are closed.

Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time
Close