Flixbus
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| Private | |
| Industry | Transport, Travel, Travel technology |
| Founded | 2011 |
| Founders | Daniel Krauss, Jochen Engert, André Schwämmlein |
| Headquarters | Munich, Berlin |
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Area served
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Europe |
| Services | Intercity bus service |
| Subsidiaries | Paris, Milan |
| Website | www |
FlixBus is a mobility provider offering daily intercity bus service all over Europe. Launched in 2013 after the deregulation of the German mobility market, FlixBus aimed to establish a new means of transport as "reliable and green alternative" to carpooling and the German railway Deutsche Bahn. In 2015, after the merger with the competing startup MeinFernbus, FlixBus became Germany's undisputed market leader, operating 71% of the German market (measured in kilometres driven by the company). FlixBus is now rapidly expanding across Europe. The company's expansion is financially backed by the global growth equity firm General Atlantic and investors like Holtzbrinck Ventures and Silver Lake Partners.
FlixBus runs on an international mobility platform by cooperating with regional bus companies from all over Europe. These local buspartners are responsible for the day-to-day running of routes, while FlixBus is in charge of the official authorizations required to operate the long-distance network. The FlixBus team handles network planning, marketing, pricing, quality management and the customer service. This unique business model leads to a high scalability and has allowed a tremendous speed of international growth. On the other hand, the quality of buses is subject to the fleet available to subcontractors unlike competitors who own all or most of their buses and can thus guarantee consistent service. Furthermore, Flixbus has often handed off the risk of low occupancy to subcontractors as their bottom line depends on the farebox revenue of the routes they operate on.
FlixBus was founded 2011 in Munich by Daniel Krauss, Jochen Engert and André Schwämmlein and launched its first route in February 2013 in Germany. One year later in 2014, FlixBus already operated a nationwide network. Along with the merger with MeinFernbus, the company also announced the internationalization of its business model. Flixbus continued to operate under both names for a while, but gradually phased out the "MeinFernbus" brand with the website now a redirect while switching from pre-merger Flixbus' blue color scheme to pre-merger Meinfernbus' green color scheme.
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Wikipedia