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RBC Acquires 25% of iGlobe.ru (Braddy)

Files under: News
Posted by: Quintura @ 02:03 [28. 09. 10]

RBC-TV Moscow has acquired 25 percent shares in iGlobe.ru online travel portal operator Braddy S.A., announced RBC. By partnering with RBC, iGlobe.ru shall significantly increase its share of the Russian online travel market.

Launched in 2006, iGlobe.ru offers flight, hotel and car reservation services. iGlobe.ru, which has over 200,000 monthly visitors, is one of the leading Russian online travel portals. iGlobe.ru has partnerships with airline loyalty programs Lufthansa Miles & More and Aeroflot Bonus. Swiss-based Braddy S.A. was founded in 2005.

RBC-TV Moscow, which is 51%-owned by ONEXIM Group, is part of RBC Holding, owner of RBC.ru business information portal, RBC Daily newspaper, QIP instant messanging service and other Internet assets.

In July 2010, Tiger Global Management invested $10 million for a 40% stake in airline ticket booking site Anywayanyday.

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