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Obilet
Obilet logo
Founded2012
HeadquartersIstanbul, Turkey
CEOAli Yılmaz, Yiğit Gürocak
IndustrySoftware, Travel, Internet
Employees400+ (2023)
URLwww.obilet.com/en

Obilet is an online travel booking platform based in Istanbul, Turkey, specializing in intercity bus tickets.[1] Aside from bus tickets, the platform also offers flight and ferry tickets as well as online hotel booking and car rental services through its website and its mobile applications.

Obilet also provides software for bus operators to manage their bus inventory and helps them sell tickets through the platform.[2]

In 2021, Obilet acquired Biletall, its main B2C and B2B competitor.[3]

According to SimilarWeb, Obilet is the most visited website in Turkey in the Travel and Tourism category.[4]

History edit

Obilet was founded in 2012, as an online inter-city and international bus booking platform by two young Turkish entrepreneurs, Ali Yılmaz and Yiğit Gürocak.

In 2015, the company reached 1 million bus ticket sales annually and received investment from Earlybird Venture Capital as the Series B financing round.[5]

In 2016, the company started providing Inventory Management Software (IMS) to bus carriers.

In 2017, Obilet started listing and selling flight tickets from domestic and international airlines along with bus tickets.[6]

In 2019, the European Bank for Reconstruction and Development (EBRD) joined Obilet's investors and board.[7]

In 2021, Obilet acquired Biletall, its main B2C and B2B competitor, which had been a pioneer in the digitalization of Turkey's travel industry since the 2000s.[8] Subsequently, the company expanded its transportation options and started selling ferry tickets[9] and airport transfer services.

In 2022, the company initiated another category expansion by adding car rental[10] and hotel booking[11] services to its offerings. In the same year, Obilet established a subsidiary in Bucharest, Romania.[12]

In 2023, the company proceeded on another global expansion effort, launching a subsidiary in Belgrade, Serbia.[13]

References edit

  1. ^ "These Startups Want to Digitize the World's Intercity Buses". 24 March 2022.
  2. ^ "EBRD invests in Turkish bus-ticketing app oBilet". 9 December 2019.
  3. ^ "The Board Conditionally Clears a Horizontal Transaction in the Online Comparative Ticket Sales Market - Antitrust, EU Competition - Turkey". 16 March 2022.
  4. ^ "SimilarWeb's Ranking of the Most Visited Travel and Tourism Websites in Turkey".
  5. ^ "Earlybird Venture Capital's Company Portfolio".
  6. ^ "Archived URL of obilet.com's Flight Ticketing section". 6 June 2017. Archived from the original on 2017-06-06.
  7. ^ "EBRD invests $4mln in Turkish bus-ticketing service firm oBilet". 9 December 2019.
  8. ^ "European Online Travel Champion obilet.com Ready for Record Growth". 4 August 2021.
  9. ^ "Archived URL of obilet.com's Ferry Ticketing section". 26 October 2021. Archived from the original on 2021-10-26.
  10. ^ "Archived URL of arac-kiralama-obilet.com's Car Rental section". 12 August 2022. Archived from the original on 2022-08-12.
  11. ^ "Archived URL of obilet.com's Hotel Booking section". 19 September 2022. Archived from the original on 2022-09-19.
  12. ^ "Company Information of Obilet's Subsidiary in Romania (Obilet RO Travel Technologies SRL)".
  13. ^ "Company Information of Obilet's Subsidiary in Serbia (Obilet Travel Technologies d.o.o.)".

External Links edit

Official website

Category:Online travel agencies Category:Travel ticket search engines