By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
routeonerouteonerouteone
  • News
    • Show all
    • Awards & Events
    • Deliveries
    • Environment
    • Exhibitor News
    • Euro Bus Expo 2024
    • Features
    • Legal
    • Minibus and minicoach
    • Operators
    • Opinion
    • People
    • Suppliers
    • Vehicles
  • Vehicles
    • Find a Vehicle
    • ZEV Comparison Tool
    • Sell a Vehicle
    • Vehicle Seller Dashboard
  • Insights
  • Careers
  • Events
    • British Tourism & Travel Show
    • Euro Bus Expo
    • Innovation Challenge
    • Livery Competition
    • routeone Awards
  • Advertise
  • Contact
    • Share your news
    • Subscribe
    • Update Subscription Details
  • Latest Issue
  • SIGN UP
Search
© 2024 routeone News. All Rights Reserved.
Reading: FlixBus $650m funding round will lead to ‘clear acceleration’
Share
Font ResizerAa
routeonerouteone
Font ResizerAa
Search
  • News
    • Show all
    • Awards & Events
    • Deliveries
    • Environment
    • Exhibitor News
    • Euro Bus Expo 2024
    • Features
    • Legal
    • Minibus and minicoach
    • Operators
    • Opinion
    • People
    • Suppliers
    • Vehicles
  • Vehicles
    • Find a Vehicle
    • ZEV Comparison Tool
    • Sell a Vehicle
    • Vehicle Seller Dashboard
  • Insights
  • Careers
  • Events
    • British Tourism & Travel Show
    • Euro Bus Expo
    • Innovation Challenge
    • Livery Competition
    • routeone Awards
  • Advertise
  • Contact
    • Share your news
    • Subscribe
    • Update Subscription Details
  • Latest Issue
  • SIGN UP
Follow US
© 2024 routeone News | Powered by Diversified Business Communications UK Ltd
- Advertisement -
-
routeone > Business deals > FlixBus $650m funding round will lead to ‘clear acceleration’
Business dealsCoach routesNewsOperatorsTop Story

FlixBus $650m funding round will lead to ‘clear acceleration’

routeone Team
routeone Team
Published: June 9, 2021
Share
Flixbus funding round raises over US$650m
SHARE

FlixBus brand owner FlixMobility has further underscored its desire to achieve market leadership in the UK scheduled coach sector after a funding round successfully raised over US$650m in new finance.

Closure of the funding round heralds “a clear acceleration of strategy,” says FlixMobility. The finance will contribute to “future global expansion in existing and new markets” and permit the company to “double down” on growth plans.

Munich-headquartered FlixMobility is now valued at over US$3bn. It has established itself in the UK after a difficult start in 2020 and has already floated its desire to operate the country’s largest scheduled coach network by 2025. It uses several partner operators and has been seeking more.

In a bullish statement following completion of the funding round, FlixMobility Founder and CEO André Schwämmlein (pictured, centre) says: “We are now switching from defence to offence. Our clear goal is to become the leader in all markets in which we are present. This also applies to new markets such as the UK and Portugal or the US.”

FlixMobility also uses the FlixTrain brand in mainland Europe. Its US operation recently trialled FlixBus Premium Service on one route, which utilised coaches with 2+1 seating and an attendant serving complimentary snacks and drinks.

Share This Article
Facebook LinkedIn Threads Email Copy Link
Previous Article HCT Group and South Pennine Community Transport HCT Group and South Pennine CT agree on ticket acceptance
Next Article Bluestar electric bus demonstration to Hampshire County Council Bluestar demonstrates battery-electric bus to Hampshire CC
- Advertisement -

Latest News

routeone Awards gain double nomination in recognition scheme
routeone Awards gain double shortlisting in national scheme
News
CPT throws celebration for Edwards Coaches centenary
News
Kinchbus orders Yutong E9L and E12 battery electric buses
Kinchbus orders 21 Yutong E9L and E12 battery-electrics
News
Optare Solos for Shuttle Buses of Kilwinning
Shuttle Buses four Optare Solos among last of the type to be built
Deliveries
- Advertisement -
-

routeone magazine is the indispensable resource for professional UK coach, bus and minibus operators. The home of vehicle sales and the latest bus and coach job vacancies, routeone connects professional PCV operators with complete and unrivalled news coverage.

  • Terms & Conditions
  • Privacy Policy
  • GDPR Policy
  • Sustainability
  • Advertise
  • Latest Issue
  • Share Your News
routeonerouteone
Follow US
© 2024 routeone News | Powered by Diversified Business Communications UK Ltd