Home > Online > TicketClever sells 20% stake to rail and bus operating giant Stagecoach

TicketClever sells 20% stake to rail and bus operating giant Stagecoach

06/22/2017| 11:17:30 PM| 中文

The UK Rail online travel agency TicketClever's parent company Global Travel Ventures sells its 20% stake to rail and bus operating giant Stagecoach to combine fares from various operators.

Rail online travel agency TicketClever has picked up additional investment funds by way of selling a fifth of the company to the Stagecoach Group.

The 20% sale of Global Travel Ventures, parent company of TicketClever, comes just five months after the OTA went live in the UK (TLabs here).

Terms of the sale/investment have not been disclosed.

The consumer-facing brand is hoping to make a mark in the competitive world of UK rail ticket selling by working out combinations of fares from the various operators that work the UK rail network – a normally complex task for the passenger given the multiple providers and tickets that are placed into the distribution chain.

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TAGS: TicketClever | Stagecoach | OTA | rail ticket
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