Berlin-based travel platform Omio has acquired Rail Europe and secured $10 million from Granite-Integral to accelerate its strategic expansion into the competitive Asian rail and ground transit market.
Key Points
- Omio acquired Rail Europe to gain access to 22,000 travel agencies that distribute European rail content, primarily located in Asia.
- The company received a $10 million investment from Granite-Integral, a joint venture between Singapore’s Granite Asia and Japan’s Integral Corporation.
- Omio plans to integrate Asian rail content into its platform to serve travelers moving between Japan, Southeast Asia, India, and Thailand.
- The expansion follows Omio’s entry into Southeast Asia last year and Japan earlier this year, targeting regions beyond traditional tourist corridors.
- Founded in 2013, Omio currently operates in 47 markets, serves one billion users annually, and processes over 130,000 ticket sales per day.