Skyscanner Expands Into China With the Acquisition of Youbibi’s.
UK-based Skyscanner, a global travel search provider, has recently announced the acquisition of Chinese metasearch company Youbibi’s.
This recent acquisition shall provide Chinese travelers with the single place to search for all their traveling needs, bringing together Youbibi’s mainland China expertise with SkyScanner’s comprehensive coverage of international flights.
The details behind recent acquisition have not been disclosed for time being.
Initially launching in Edinburgh during 2001, Skyscanner has amounted over more than 500 employees extending over 35 nationalities across six offices, Edinburgh, Glasgow, Singapore, Beijing, Miami, and Barcelona, It operates under the brand name of Tianxun within mainland China.
Youbibi, which translates into ‘travel comparison’, is a travel metasearch company based in Shenzhen. It was initially founded during 2010 by the current CEO, Steven pang and has garnered over 30 employees.
Gareth Williams, Skyscanner’s co-founder and chief executive officer, said: “Since we established our China team in 2012, the number of visitors to our site and apps across the country has grown tenfold, yet we’re still only at the start of the growth opportunity we see here.
“This acquisition brings the best of both worlds with Skyscanner’s international coverage and Youbibi’s domestic travel search and intimate knowledge of the Chinese traveller. The acquisition takes us from being a strong international travel specialist in China to a truly global travel service provider for Chinese nationals, domestically and internationally.”
Youbibi’s Steven Pang said: “We are proud of the technology that we have developed and, by bringing this together on our platform with Skyscanner’s global flight expertise, we believe we can create a really exciting travel search tool for all Chinese travellers. Our team is thrilled to become a part of Skyscanner and join their global travel journey.”