12Go
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12Go - overview
Established
2013
Location
Bangkok, -, Thailand
Primary Industry
Travel & Leisure
About
Based in Bangkok, Thailand, and founded in 2013 by Alexey Abolmasov, 12Go operates as an online travel agency that provides train, flight, and bus tickets for its customers. The firm also offers digital travel solutions for operators and other travel agents. As of 2021, the company employs over 150 employees and has offices in Singapore, Thailand, and Cyrpus. 12Go offers an online ticketing platform that allows customers to search, compare, and purchase bus, rail, boat, and airplane tickets all from a single location.
Customers can buy travel tickets across many Southeast Asian nations, including Thailand, Malaysia, Singapore, Cambodia, Vietnam, Laos, and Brunei, via the company's platform, which is available on both desktop and mobile devices. Additionally, the firm offers B2B (Business-to-Business) services including digital solutions that help travel operators better serve their clients. Furthermore, the company provides affiliate programs that enable travel websites, social media communities, and other agents to white label the company's platform and resell tickets to earn commissions.
Primary Industry
Travel & Leisure
Sub Industries
Travel & Tourism, Search Engines
Website
www.12go.co/en
Verticals
E-commerce
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
12Go - timeline of key events
12Go - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 14,154,812.8 | 27,525,435.4 | 37,602,783.2 | 20,835,608 | - | - | - |
| % Revenue Growth (YoY) | - | 94.5% | 36.6% | (44.6%) | - | - | - |
| EBITDA (USD) | 29,975.1 | 6,717,072.2 | 551,689.3 | (1,663,740) | - | - | - |
| Operating Income (USD) | (536,492.4) | 6,717,072.2 | 551,689.3 | (1,663,740) | - | - | - |
| Operating Margin | (3.8%) | 24.4% | 1.5% | (8.0%) | - | - | - |
| % EBITDA Margin | 0.2% | 24.4% | 1.5% | (8.0%) | - | - | - |
| NET Income (USD) | (536,492.4) | 6,501,479.4 | 412,135.6 | (1,663,744) | - | - | - |
| % Net Margin | (3.8%) | 23.6% | 1.1% | (8.0%) | - | - | - |
12Go - employee data
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