About Webjet
Webjet is a company based in Melbourne (Australia) founded in 1998 by John Lemish.. Webjet has completed 2 acquisitions, including Online Republic and Zuji. Webjet operates in a competitive market with competitors including Traveloka, Ixigo, Priceline, Despegar and MakeMyTrip, among others.
- Headquarter Melbourne, Australia
- Founders John Lemish
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Sectors
Travel & Hospitality
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Email
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Phone
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Website
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Social
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Annual Revenue
$249.66 M (USD)164as on Mar 31, 2023
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Net Profit
$9.94 M (USD)118as on Mar 31, 2023
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EBITDA
$-6.51 M (USD)92as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Online Republic
& 1 more
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Funding Insights of Webjet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Webjet
Webjet has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Online Republic and Zuji. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of car rental services
|
2004 | ||||
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Online travel agency for booking flights, hotels, buses, holiday packages
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Webjet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Webjet Comparisons
Competitors of Webjet
Webjet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Traveloka, Ixigo, Priceline, Despegar and MakeMyTrip, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Online platform providing multiple travel booking services
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| domain | founded_year | HQ Location |
Travel services are booked via an AI-powered platform.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Webjet
Frequently Asked Questions about Webjet
When was Webjet founded?
Webjet was founded in 1998.
Where is Webjet located?
Webjet is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Webjet?
David Galt is the current CEO of Webjet.
What is the annual revenue of Webjet?
Annual revenue of Webjet is $249.66M as on Mar 31, 2023.
What does Webjet do?
Founded in 1998 and headquartered in Melbourne, Australia, operations are conducted as an online travel agency in the tourism sector. Flights, hotel accommodations, holiday packages, travel insurance, and car hires are compared, combined, and booked for domestic and international destinations worldwide. Customer support is provided around the clock. Recognition was received in the Deloitte Technology Fast 500 for APAC in 2015.
Who are the top competitors of Webjet?
Webjet's top competitors include MakeMyTrip, Ixigo and Despegar.
How many acquisitions has Webjet made?
Webjet has made 2 acquisitions, including Online Republic, and Zuji.
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