Indonesian e-commerce leader buys local OTA Tiket.com - TTG Asia - Leader in Hotel, Airlines, Tourism and Travel Trade News
 
Monday . June 26 . 2017
         
Follow TTG Asia on Twitter
TTG ASIA this week
TTG Asia ASEAN 50th Anniversary Special Supplement
TTG Asia Luxury
 
Share |
Indonesian e-commerce leader buys local OTA Tiket.com
Mimi Hudoyo, Jakarta, June 19, 2017
 

Blibli.com, a major e-commerce player in Indonesia, has acquired Iocal OTA Tiket.com as it seeks growth in its travel business.

 

As of June 12, Blibli.com owns 100 per cent of Tiket.com’s shares. Tiket.com’s new CEO is George Hendrata, chairman of global speciality paper company BMJ and development director/business diversification of Djarum.

 

 

The acquisition is in line with Blibli.com’s expansion programme to strengthen its travel business, marked by the launch of the Blibli Travel category last year.

 

On the decision to acquire the OTA, Kusumo Martanto, CEO of Blibli.com, said: “Tiket.com has a good track record (and) has managed to grow into one of Indonesia’s biggest OTAs.” He added that the companies’ common mission and vision would “hopefully ease the synergising process”.

 

Blibli.com targets the acquisition would result in 250 per cent business increase, both organically and non-organically.

Print Top Stories
 
 
Editor's pick >
   
The battle for survival

by Prudence Lui

A market for the rustic

by Mimi Hudoyo

Old 'hoods, new buzz

by Prudence Lui

Coast is clear for more change

by Marissa Carruthers

Asia's hidden beaches

by TTG Asia reporters

 

 

>