Travelier, a Tel Aviv, Israel-based travel-tech company digitizing land and sea transportation, acquired DeÔnibus, a Brazilian online bus ticket platform.
The amount of the deal was not disclosed.
The acquisition aligns with Travelier’s vision to become a player in intercity land and sea transportation, with its current portfolio encompassing five B2C brands and two TMS brands spanning Asia, Europe, Latin America, and Africa.
Founded in 2012 by siblings Breno Moraes, CEO, and Mariana Malveira, Head of Tech & Customer Service, as “Brazil by bus”, and rebranded in 2018, DeÔnibus is a bus travel company with a network of 300+ operators connected to more than 36,000 routes. It offers 80% geographical coverage in Brazil and serves 30 million travelers annually.
Led by CEO Noam Toister, Travelier, formerly known as Bookaway Group, is a travel-tech company whose network of digital platforms allow customers to instantly buy intercity tickets to ferries, buses and trains in local markets which can be usually complex, enabling stress-free travel across the globe.
FinSMEs
02/05/2024