2013-06-27
Tencent's Indian JV Acquires Local Internet Bus Ticket Website
Ibibo, the Indian joint venture invested by China's Tencent and South Africa's Naspers, has reportedly acquired an Indian online bus ticket website named RedBus.in. According to reports in foreign media, RedBus is a dominant business in this sector, and it has changed the traveling patterns of Indian people in some regions. The acquisition will soon [...]