Meta search engine CheckMyBus raises funding

Meta search engine for intercity buses CheckMyBus has received substantial funding which will allow it to accelerate international growth and expand bus connections as well as increase the company’s global brand awareness. According to CheckMyBus, the US$70 billion bus market still processes about 90 per cent of all bookings offline. During the last few years however there has been a constant transition towards the digital world with significant growth rates, fostered by the tolerance of EU markets and t
July 5, 2016 Read time: 1 min
Meta search engine for intercity buses CheckMyBus has received substantial funding which will allow it to accelerate international growth and expand bus connections as well as increase the company’s global brand awareness.

According to CheckMyBus, the US$70 billion bus market still processes about 90 per cent of all bookings offline. During the last few years however there has been a constant transition towards the digital world with significant growth rates, fostered by the tolerance of EU markets and the improvement of products. With real time price and availability comparison as well as an offer of over three million weekly bus departures, CheckMyBus aims to simplify the user’s customer journey and support the online transition of the bus market.

Related Content

  • February 1, 2013
    Tattile consolidates and restructures
    Italian machine vision system supplier Tattile has announced a significant re-launch plan that will see European private equity fund Ambienta take a 70 per cent shareholding in the company. Ambienta focuses on the environmental industry and is seen by Tattile as the deal partner to support the company’s plans and business internationalisation. Ambienta’s investment will be a key factor in the company’s growth strategy and will enable Tattile to conclude a number of important projects that the company has r
    Read More
  • May 17, 2012
    Hybrid and EVs growth impact on traction motors predicted by Frost & Sullivan
    Electrification in vehicles is a key trend in the automotive industry. The increase in electric components within vehicles is boosting the market for traction motors and Frost & Sullivan says it anticipates the European traction motor market to grow at a compound annual growth rate (CAGR) of 50 per cent for hybrid electric vehicles (HEVs) and electric vehicles (EVs). Permanent magnet motors are expected to dominate the market by virtue of their performance and efficiency. However, the growing concern over t
    Read More
  • June 8, 2015
    Conscience versus convenience
    David Crawford looks at new ways forward for public transport. By 2025, nearly 60% of the world’s population will be living in towns and cities, increasing their extent and density, and the journeys that people make within and between them. In response, the International Association of Public Transport (UITP) wants to see public transport’s global modal share doubling (PTx2) by the same date. “Success in 2025,” a spokesperson told ITS International, “will save 170 million tonnes of oil equivalent and 550
    Read More
  • July 15, 2016
    EBRD finances road repairs and upgrades in Eastern Europe
    The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to US$86 million (€65 million) to Bosnia and Herzegovina to support an infrastructure programme aimed at repairing and upgrading the country’s road network, which has been damaged by severe floods in recent years. The improvements to the network will support regional connectivity, making it easier for domestic companies to transport their products to local and regional customers. Supporting regional integratio
    Read More

Highlighted Content