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Omio sets sights on international growth as it acquires rival multi-modal site Rome2rio

Posted by Lee Hayhurst on
Omio sets sights on international growth as it acquires rival multi-modal site Rome2rio

European multi-modal transport specialist Omio has acquired Melbourne-based rival Rome2rio for an undisclosed sum.

Omio, which re-branded from GoEuro this year, says the deal with bolster its transportation discovery and planning capabilities and is a first step towards a global offering.

Rome2rio enables consumers to find transportation options anywhere in the world across 10 million locations, providing results for more than 5,000 train, bus, flight, ferry and intra-city public transportation operators.

It was founded in 2010 and today has more than 18 million users per month.

Omio said the brands will remain separate but will “collaborate to create new and better experiences, combining Rome2rio’s impressive end-to-end journey planning offer with extensive transport inventory bookable with Omio”.

Rome2rio’s product is seen to complement the Omio booking platform in Europe, and support the ambitions Omio has to grow into new geographies.

Naren Shaam, chief executive and Founder of Omio, said: “We are excited to welcome the Rome2rio team to Omio. They have built a great product with innovative tech and delivered impressive growth.

“Together, our two brands will reach half a billion users every year and offer access to thousands of transportation operators globally, helping us deliver our vision to solve consumer travel globally.”

Dr Michael Cameron, chief executive and co-Founder of Rome2rio, added: “Joining forces with Omio is a natural extension of our existing product experience.

“We have spent almost a decade refining our ability to help users figure out how to get from one corner of the globe to another.

“Now, with Omio, Rome2rio customers will be able to book tickets with more transport providers than ever before, and receive support throughout their journey.

“Rome2rio and Omio share a vision of creating simple, intuitive multi-modal transport products for our users.

“As a team, we are excited about the opportunity to work with Omio, integrate our technologies, and leverage each other’s expertise to scale even more quickly.”

Omio was founded by Shaam in Berlin in 2013. It has an average 27 million monthly users, with 18 million app downloads to date and more than 800 partnerships with transportation providers.

Jan Kemper, Omio chief financial officer, said: “We have ambitious plans to expand into new geographies and partner with new transport providers, while continuing to improve our product with new technologies.

“However, this will not be through organic growth alone and as such this acquisition marks an important step for us towards a bigger and exciting future.”

 

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