Tiket.com Plans After the Acquisition of Blibli

A month ago DailySocial preach GDP Venture is involved in the acquisition of more than 50% stake in the travel startup Tiket.com. This was finally confirmed through the announcement of the acquisition of 100% of Tiket.com shares by Blibli, one of the companies under the auspices of Global Digital Prima (GDP) Venture.

To the media, Tiket.com Co-Founder and CMO Gaery Undarsa revealed that the acquisition is part of Tiket.com's big plan, which wants to find partners to expand its business with the latest services and features.

So far, Tiket.com is a startup that has never sought further funding from investors. Funds were originally obtained from angel investors sole proprietorship which reportedly belongs to the family of the owner of EMTEK.

“Our meeting with Blibli can be said to be “love at first sight" Of the several investors we met, only Blibli had the same vision, mission and goals as us at Tiket.com, we immediately got “chemistry" the. For that reason, we decided to collaborate more deeply with Blibli,” said Gaery.

To DailySocial Gaery ensures that Tiket.com's C-level ranks will continue to hold the same position after the acquisition.

Previously Blibli has sold several travel services and has grown organically. To accelerate the growth of these services, Blibli finally decided to acquire Tiket.com 100%.

Tiket.com's new CEO

To launch the collaboration between Blibli and Tiket.com, George Hendrata was appointed as the new CEO of Tiket.com. As the new CEO responsible for making Tiket.com the largest local OTA, George has a long experience, most recently as Director of Business Development / Diversification of Djarum. George holds a Bachelor of Science degree from Columbia University and an MBA from Harvard Business School and serves as President of the Harvard Alumni Club Indonesia.

“With nearly 6 years of experience and customer base which is currently owned by Tiket.com, is expected to grow even better through this acquisition,” said George.

Later, both Blibli and Tiket.com will carry out operational activities each day separately. There is no change in terms of employees, working methods and other related matters.

"The synergy will be carried out more from the technology side, because Blibli has a more engineer team than Tiket.com in this case Blibli will help from the technology side. Meanwhile, for other synergies, we will look at the existing conditions," said Blibli CEO Kusumo Martanto.

Focus on customers

When asked about the initial plan of Tiket.com after the acquisition, George said that the focus of Tiket.com is now more on customer satisfaction. How will it be through the acquisition of Blibli, Tiket.com can add new customers from customer base Blibli. On the other hand, Tiket.com also has the ambition to become the largest local OTA service in Indonesia.

Since its launch in 2011, Tiket.com has become the first partner with PT KAI to purchase train tickets online, has 3,4 million users and the application has been downloaded by 1,7 million people, and is a B2B service with more than 5 million users. thousand partners.

"With the increasingly fierce competition for OTA services in Indonesia today, it is hoped that this latest investment can make Tiket.com even stronger to compete with other players in Indonesia," said Gaery.

- Disclosure: GDP Venture, Blibli, Tiket.com, and DailySocial are under the same parent company