11 Jul '13, 2pm

Online bus ticketing: Southeast Asia's most underrated startup idea via @sgeio

Online bus ticketing: Southeast Asia's most underrated startup idea via @sgeio

Online bus ticketing: Southeast Asia’s most underrated startup idea July 11, 2013 by Terence LEE For five years, the founders of BusOnlineTicket.com toiled in relative obscurity while juggling full-time jobs, hoping that their website would turn into a leader in online bus ticketing. Facing down objections from family, they left their well-paid gigs one-by-one to work on the startup as it grew and revenues began to multiply. Then a venture capitalist called. His interest in the company was piqued after redBus , an online ticketing startup in India, was acquired by Chinese internet giant Tencent and South Africa media giant Naspers for an estimated USD 135M . That was the company’s first brush with Singapore’s burgeoning startup ecosystem. Since then, the four Malaysian founders, Yee Hon Ve, Chong Kok Chuin, Winston Wong, and Bong Yong Chuen, have been busy getting up to sp...

Full article: http://sgentrepreneurs.com/2013/07/11/online-bus-ticketin...

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Startup 2013: Now Accepting Bitcoin

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