LY.com Valuation, Funding & Investors

FlixBus is the intercity bus brand of FlixMobility, a Germany-based transport company that also operates FlixTrain rail services and, through the 2021 acquisition of Greyhound Lines, long-distance bus routes across North America. The company uses an asset-light, technology-driven network model, partnering with local bus operators rather than owning its fleet, to offer affordable intercity travel across more than 2,500 destinations in dozens of countries. FlixMobility carried 62 million passengers in 2019 before expanding further through acquisitions including Turkey's Kamil Koç and airport-transfer operator Flibco.

Rasan Information Technology Co is engaged in online wholesale, electronic publishing, ready software publishing, systems analysis, design and customization of program software, software maintenance, web page design, setting up of web page hosting infrastructure, providing SMS design, and website design. Currently, it is engaged in providing insurance aggregator, online auto auction, and online leasing insurance services. The company's operating segments include Tameeni-Motors, Tameeni-Health, Leasing, Awal Mazad, and R Solutions. Maximum revenue is derived from the Tameeni Motors segment which offers a B2C digital platform providing vehicle owners access to motor insurers.

Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 84% of its revenue from accommodation reservations and transportation ticketing in 2023. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers and travel kiosks. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.

Traveloka is an Indonesia-headquartered online travel aggregator operating in six Southeast Asian countries, primarily as a flight search engine for domestic and regional routes. The platform enables bookings for flights, hotels, activities, and ground transport, with expansions into fintech and lifestyle services. Traveloka partners with local airlines and expands market impact through innovative travel products.

OYO is a Gurgaon-headquartered hospitality chain operating leased hotels, guesthouses, and vacation rentals across India, Southeast Asia, Europe, and the US. It equips properties with standardized amenities, dynamic pricing tools, and a booking app serving budget travelers seeking verified accommodations in over 80 countries.

Travel+Leisure Co is a membership and leisure travel company. It provides hospitality services and travel products. The company operates in the segments of Vacation Ownership, which is the key revenue-driving segment, develops, markets and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts, and Travel and Membership which operates a variety of travel businesses, including two vacation exchange brands, Vacation Ownership and Travel and Membership The majority of the revenue is earned from the United States.

Engine is a San Francisco-headquartered travel management platform for business trips, integrating with 95 percent of US airlines, hotels, and car rentals. Launched in 2021 and backed by Blackstone and Permira, it offers single-invoice billing, real-time modifications without fees, and spend analytics dashboards. Engine serves mid-market companies like Rippling and Notion, reducing travel costs by 25 percent through negotiated rates and policy enforcement.

Ziff Davis Inc is a digital media and internet company operating a portfolio of brands across technology, shopping, gaming and entertainment, health and wellness, connectivity, and cybersecurity. The company has five reportable segments. The Technology & Shopping segment generates revenue from advertising and commerce content. The Gaming & Entertainment segment provides content, subscriptions, and digital storefront services. The Health & Wellness segment offers digital tools and content for health management. The Connectivity segment provides data and analytics solutions for network performance. The Cybersecurity & Martech segment delivers cloud-based software for security and marketing. It generates the majority of its revenue from the Health & Wellness segment.

BlaBlaCar is a Paris-headquartered carpooling platform operating in 22 countries including Europe, Russia, Turkey, Mexico, Brazil, and India. It links drivers with passengers for long-distance trips, enabling cost-sharing through its website and mobile apps. Features include verified profiles, declared identities, and chatty level indicators from Bla to BlaBlaBla to build trust. Backed by investors such as Accel Partners, Insight Ventures, Index Ventures, Lead Edge Capital, Baring Vostok, and ISAI, the service maintains offices in over a dozen countries worldwide.

Firstp2p is a Beijing-headquartered online lending information platform launched in 2013. The service connects small and medium enterprises with financial products such as car loans, mortgages, and leasing options through peer-to-peer matching in China.

GetYourGuide is a Berlin-headquartered online marketplace for booking tours, attractions, and activities in over 170 destinations worldwide. It offers excursions, cooking classes, tickets to landmarks, and guided experiences via website and mobile apps. Providers pay commissions on bookings, with customer reviews ensuring quality. Founded in 2009, GetYourGuide partners with local operators and serves millions of travelers annually.

Mafengwo is a Beijing-headquartered online travel platform featuring user-generated content with over 10 million travel guides covering 95 percent of global destinations. The site aggregates reviews for hotels, flights, and itineraries while integrating booking services from partners like Ctrip and Booking.com. Mafengwo serves more than 100 million monthly active users in China, offering visa assistance, insurance options, and travel deals. Acquired by Trip.com Group in 2015, it continues to expand social features and mobile apps downloaded over 100 million times.

HBX Group International PLC is a travel-technology marketplace. The company is engaged in the intermediation of hotel accommodations and complementary travel products between travel suppliers and travel distributors. With the help of its subsidiaries, the Group also assists hotels in optimising their direct online channel, creating booking engines, and supporting digital marketing. The company's maximum revenue is derived from hotel bookings. The company connect between supply and demand, empowering businesses and their travellers, with choice and confidence.

MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day-to-day travel needs. The company's operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet-based platforms, call-centers, and branch offices, which provide holiday packages and hotel reservations. Its Air ticketing segment includes internet-based platforms, provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States; South East Asia; Europe, and other countries.

TBO Tek Ltd is a travel distribution platform. It is engaged in the business of operating an online technology platform (TBO Portal) providing its customers access to book international travel inventory aggregated through travel suppliers like airlines, hotels, cruises, car rentals, transfers, and rail services among others. Its customers include retail and API buyers such as travel agencies, independent travel advisors, and enterprise buyers including tour operators, travel management companies, online travel companies, super-apps, and loyalty apps. The company's business activities fall within two primary business segments; Air ticketing which generates maximum revenue, and Hotels and packages. Geographically, it derives maximum revenue from India and also has its presence outside India.

Global Business Travel Group Inc operates as a business-to-business travel platform. It is engaged in providing software and services to manage travel, expenses, and meetings and events for companies of all sizes. The company is engaged in building the marketplace in B2B travel to deliver unrivaled choice, value, and experiences. It also provides business travel solutions, simplified travel management, and business consulting services. Further, The company generates revenue in two ways that involves fees and other revenues relating to processing and servicing travel transactions received from clients and travel suppliers and revenues for the provision of products and professional services not directly related to transactions received from clients, travel suppliers and Network Partners.

Hopper is a Montréal-headquartered mobile travel application leveraging predictive algorithms for flight and hotel price forecasts. Launched in 2007, the app analyzes historical data to advise optimal booking times and sends price drop notifications. Available on iOS and Android, it partners with airlines and hotels for exclusive deals serving millions of global users.

Faire is a wholesale marketplace connecting independent retailers with brands and artisans for unique merchandise discovery. The San Francisco-headquartered and Kitchener-based platform provides net 60 payment terms, free returns, and logistics via partnerships with USPS and DHL. Faire equips retailers with inventory management tools and data insights while enabling makers to access local stores across the United States, Canada, Europe, and Australia.