Online travel group, ibiboGroup, has rolled out redBus service in Singapore and Malaysia. With this launch, redBus is now available for travelers to book inter-city bus tickets between Singapore & Malaysia and between cities within Malaysia.
This is part of the launch of the new “redBus global platform” that supports multiple currencies, languages, time-zones and integrated with international payment systems.
redBus has aggregated supply spanning 5700 bus routes in Singapore and Malaysia across large number of bus operators. On a daily basis, there are more than 100,000 seats available for sale. Ticket booking can be made either in Singapore Dollars or in Malaysian Ringgits. With this launch, tourists from India can also book bus tickets in Singapore / Malaysia by visiting www.redbus.sg or by changing the Region & Currency setting on the redBus apps.
Commenting on this launch, Ashish Kashyap, Founder & CEO of ibiboGroup said: “We are very excited about this launch. This is yet another milestone in ibibo’s journey. Ever since the acquisition in 2013, we have worked hard to build out the new global platform, mobile apps and a solid management and technology team lead by Prakash. This has resulted in the growth of redBus.in accelerating to 80% year on year, market share further growing to 75%, mobile becoming a 40% share in transactions and all of this culminating to the launch of redBus in Singapore and Malaysia”
The expansion to international markets comes at a time when redBus has witnessed exponential growth in the domestic market. Their business is growing at a rate faster than what it grew in the years prior to or immediately after the acquisition by ibiboGroup and consequently, the shares of redBus in the online bus ticketing segment has topped 75%. This growth comes on the back of increase in the number of transactions from mobile apps, product innovations, live tracking of buses and access to exclusive inventory of government buses in previously weak markets such as UP and North India.