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Is redBus a loss?

Is redBus a loss?

“RedBus saw 2,31,000 tickets booked every day in Q3 FY20. “RedBus has a market share of 20 percent in private and public bus travel put together. That means the whole industry lost out on 75 million potential tickets worth over Rs 5,200 crore,” the CEO said.

What does redBus earn?

Working on the system of advance booking, redBus blocks 10-15 seats in all buses for itself and partners such as Makemytrip.com, the travel portal, until an hour before departure time. The company makes its money from the commission it earns on each ticket—Rs30-50.

What does Reschedulable mean in redBus?

Look for reschedulable bus tickets on redBus, if plans change, reschedule easily, without any fuss! …

Is redBus safe?

While Safety+ ensures that the partner bus operators enforce a slew of strict safety measures to keep the passengers safe, redBus has also listed out a set of passenger guidelines encouraging them to travel responsibly for a safe journey.

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Is redBus owned by Goibibo?

Mumbai/Bangalore: Ibibo Group, a subsidiary of South African mass media company Naspers Ltd, has acquired Pilani Soft Labs Pvt. Ltd, which runs bus ticketing website redBus.in. The acquisition of redBus gives the company access to customers who do not travel by air, said Ashish Kashyap, chief executive of Ibibo group.

Who is the owner of redBus?

Ibibo
redBus.in/Parent organizations

What is M ticket?

M-ticket is a digital ticket securely stored in your BookMyShow account and accessible on your Smartphone. When your event is M-ticket only, your ticket(s) will not be available in printed form or emailed to you. Enter the venue.

Can I refund redBus ticket?

Do I get a refund? redBus provides a 100\% refund if the bus is missed due to either redBus or its’ partner company’s fault. However, if the bus is missed due to any other reason not directly related to redBus no refund is provided.

What does Primo mean in redBus?

Primo brings you top-rated buses with best-in-class service, at no extra cost. So, choose Primo on the redBus app and experience the blissful. Book a Primo Now ! #

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What is primo bus?

Primo buses are known as “safer buses” and adhere to the highest standards of hygiene. They are equipped with first-aid kits, fire-extinguishers, safety markers and more. On time.

Does MMT own RedBus?

The company is a subsidiary of MakeMyTrip (MMT) Limited, which owns a 100\% stake in Ibibo Group. Group owns the B2C online travel aggregator Goibibo, and online bus ticketing platform RedBus.in….Ibibo.

Type Private
Founded 2007
Founder Ashish Kashyap
Headquarters Gurugram, Haryana , India

Who is the owner of RedBus?

What is the security of Redbus?

We employ the best-in-class security and the transactions done are secure. Apart from being certified by Verisign, redBus uses Secure Socket Layers (SSL) data encryption. Using SSL ensures that the information exchanged with us is never transmitted unencrypted, thus protecting the information from being viewed by unauthorized individuals.

Can I travel with an M ticket on Redbus?

Even mTickets are available on redBus. For operators that support mTickets, the SMS that is sent to your mobile can be produced at the time of boarding and you will be allowed to travel. For operators that do not support mTickets it is a must to take a printout of the e-ticket and produce it at the time of boarding.

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What is the price of the bus ticket and hotel voucher?

The price of the bus ticket is the same as you would get from the bus operator too.The price of hotel voucher is the same or sometimes discounted depending on the season/time. Is it mandatory to take a printout of the ticket?

How do I cancel my Redbus ticket?

You need to click on the cancellation link provided on our home page. Enter your ticket number and the e-mail ID that was provided at the time of booking and click on cancel ticket. I missed the bus. Do I get a refund? redBus provides a 100\% refund if the bus is missed due to either redBus or its’ partner company’s…