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LoginMessage on December 11th,According to TechCrunch,Google acquired an Indian company called Sigmoid Labs,The company is the developer of India’s most popular train timetable app “Where is my Train”。
This app has 10 million registered users,Just like its name,It provides users with train arrival and departure time information,The app also allows users to buy train tickets online。For the Indian market,Such an application is very popular among users,Because trains are one of the most important modes of travel for Indians。Data display,1 across India every day.40,000 trains in operation。
This application only supports Android system。Due to the weak mobile network infrastructure in India,188bet Online Sports Betting and Casino So it supports offline use。Also,It also supports 8 languages and texts in India。Competitors of this app include RailYatri and iXigo,Both companies have venture capital backgrounds。
According to Indian media reports,The price of Google’s acquisition of Sigmoid Labs is approximately between US$30 million and US$40 million,As early as August last year, Indian media broke the news that Google was interested in acquiring this company。A Google spokesperson confirmed that the company has acquired Sigmoid Labs,But refused to disclose the specific acquisition amount。
Sigmoid Labs was established in 2013,The founders are 4 former TiVo executives。According to Indian media reports,The company currently has approximately 10 employees,The company’s financing history and total financing amount are currently unclear。
Earlier today,Sigmoid Labs disclosed to users through its official website that they have been acquired by Google。The company's founder wrote on the website: "We can't think of any other place that can better help us realize 188bet sports betting app download our ideals,We are excited to join Google,Work together to bring technology and information into the hands of more people。”
Google said,After completing this acquisition,This team will continue to develop the Where is my Train app,So from now on,This application will not be closed,At least it won’t stop operations immediately。
Where is my Train has a huge number of users,Google’s acquisition may mean that they will test the waters in other areas,For example, taxi service。The current taxi-hailing application has also developed a whole set of other related businesses,For example entertainment、Payment and food delivery and more,The former taxi-hailing application is now gradually becoming a daily super application that users use every day。Also,Google may also integrate this team’s products into its other applications,such as Google Maps。
Many American technology companies are currently trying to enter the Indian market through acquisitions,Except Google,Facebook、Twitter and even Yahoo have acquired Indian 188bet app download startups,To build a team and attract talent in India。
188bet sports betting app download Google acquires Indian travel application service provider Sigmoid Labs》.
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