Private German mobility service provider FlixMobility plans for Asia expansion

Source: Xinhua| 2019-08-09 01:32:11|Editor: Mu Xuequan
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BERLIN, Aug. 8 (Xinhua) -- After expanding its recently completed financing round, the German mobility service provider FlixMobility announced on Thursday that it was planning to expand to other continents.

The additional capital from expanding the latest financing round would be used for "global expansion" and the introduction of a new FlixMobility service, according to a statement from the German long-distance travel operator sent to Xinhua.

"We are very pleased that so many top-class investors support us in getting even more people interested in sustainable and smart mobility," said Jochen Engert, founder and managing director of FlixMobility.

Until now, the German company's long-distance buses had operated primarily in Europe and the U.S., but the company would soon "open up new markets in South America and Asia," according to FlixMobility.

"Our vision is to make green mobility available around the globe. For this reason, we are generally reviewing market entry for various markets," a FlixMobility spokesperson told Xinhua.

In addition, the company's FlixTrain train service, which was currently offering services on the routes between several major German cities including Berlin and Cologne, would be extended to other European countries.

The investors' capital would also flow into a new car-sharing agency called FlixCar, which would "give people the opportunity to offer free spaces in their car on a specific route," the mobility provider announced.

The recently concluded financing round in July saw 500 million euros (560 million U.S. dollars) of funding flow to FlixMobility, the largest financing round of a German start-up.