Transport app FlixMobility achieves 37% passenger growth in 2019, eyes India

BERLIN: Transport app FlixMobility reported on Thursday a 37 per cent increase in passenger numbers last year, as Germany's best-funded tech startup claimed the mantle of the world's biggest provider of intercity bus services.

"In just seven years, we have managed to become the largest bus provider in the world, with more than 400,000 daily connections," said CEO Andre Schwaemmlein, who founded the firm with partners Jochen Engert and Daniel Krauss. FlixMobility launched coach services in the United States in 2018, challenging the veteran Greyhound brand, and now serves 100 destinations from coast to coast.FlixMobility's backers include Holtzbrinck Ventures, the European Investment Bank, General Atlantic, Silver Lake and German carmaker Daimler.

Although FlixMobility does not report financials, Engert told Reuters last year that it was profitable in its mature markets, making it possible to break even overall as it expanded into new territories.

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