Le Travenues Technology Limited has informed the Exchange regarding 'Media Release - AbhiBus Partners with Uber to Power Intercity Bus Bookings on the Uber App'.
IXIGO · price
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AbhiBus, the bus ticketing arm of ixigo, has partnered with Uber to enable intercity bus ticket bookings directly within the Uber app across India. Through this integration, Uber users can access AbhiBus's network of over 6 lakh routes operated by 6,200+ bus operators, with features like real-time seat availability, seat selection, live bus tracking, and 24x7 support. The partnership expands Uber's mobility offerings beyond intra-city rides while giving AbhiBus access to Uber's large user base. No financial terms, revenue projections, or exclusivity details have been disclosed in the release.
This is a strategic distribution win that could drive incremental bookings and brand visibility for AbhiBus, but the absence of any financial or volume commitments means near-term earnings impact is unclear. Investors should watch for future disclosures on booking volume contribution or any monetisation terms of the partnership.