Airtrip Inc. has acquired Venture Republic, the operator of 'Travel.jp,' to enhance its diversification strategy and strengthen its position in the online travel sector.
Target Information
Airtrip Inc. (Ticker: 6191) has announced its acquisition of Venture Republic, the operator of the travel information site 'Travel.jp.' This marks Airtrip's entry into a new business area, the 'Portal Site Business,' making it the 22nd business venture under its group umbrella. Through this acquisition, Airtrip aims to leverage its customer base and brand strength to enhance and expand its operations.
'Travel.jp' serves as a comprehensive information media platform for both domestic and international travel. It allows users to search and compare budget airfares, package tours, and hotels, streamlining the travel planning process for consumers.
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Industry Overview in Japan
Japan's travel industry has been on a steady upward trajectory, supported by both domestic travel and a resurgence in international tourism. In recent yea
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