M&A Deal Summary

Tourcom Acquires Wishbeen

On October 15, 2019, Tourcom acquired internet software and services company Wishbeen

Acquisition Highlights
  • This is Tourcom’s 1st transaction in the Internet Software and Services sector.
  • This is Tourcom’s 1st transaction in South Korea.

M&A Deal Summary

Date 2019-10-15
Target Wishbeen
Sector Internet Software and Services
Buyer(s) Tourcom
Deal Type Add-on Acquisition

Target

Wishbeen

Seoul, South Korea
Wishbeen is a South Korean travel information sharing service platform. Wishbeen is a 'content commerce service' that shares profit with its users through cash rewards. Its users share on the platform their actual travel experiences on destinations, onsite schedules, and other parts of their travels.

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Buyer(S) 1

Buyer

Tourcom

Singapore, Singapore

Category Company
Sector Information Technology
DESCRIPTION

Tourcom is a travel company operating under the concept of 'Travel-now-pay-later'. Tourcom Blockchain is building a customized travel Blockchain platform for Tourcom, a travel agency with the unprecedented 'travel-now-pay-later' concept. Tourcom Blockchain provides customized travel information and travel packages optimized by artificial intelligence (AI).


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Korea M&A 1 of 1
Year: 2019 M&A 1 of 1