HOLLYWOOD, Fla. - "A Russian traveler might be able to discover the best airfare from a seller in Mexico. However, linguistic challenges and financial and business regulations still hamper ticket issuance, payment fulfillment, and customer service," said George Zhang, the founder & CEO of iGola, at the 2017 Phocuswrightconference in Florida, U.S.
According to Phocuswright, China is leading the mobile booking market in online travel. The statistics indicate that China had already achieved 40% of mobile booking penetration by 2015. It now stands at 59% and is expected to climb to a dizzying 77% by 2020, far outpacing the rest of the world.
Based in China, iGola liberates airfare by supporting more than 180 trading currencies and 250 payment methods now. Also, iGola connects over 150 airlines and 50 OTAs worldwide, including the world's largest online travel companies, Priceline, Chinese Ctrip, Tuniu to process hundreds of millions of air combinations.
After raising 18.7 million dollars in a Series A funding round in December 2016, iGola continues to improve the user's experience and goes beyond the metasearch. iGola has achieved one-stop service for searching and booking international air tickets worldwide this year, with 7*24 customer service.
Found in 2014, iGola aims at providing travelers around the world with real-time flight search with sub-second response time and the tools to plan trips easier and faster, so they can spend less time in front of a computer and more time exploring the world.
With Amadeus's virtual interlining technology, iGolaFare was launched in the summer by innovative Chinese travel metasearch. iGolaFare flight combinations are generated by applying proprietary artificial intelligence algorithms to millions of flight options, to find the best fare based on price and convenience for value-conscious travelers.
iGola accelerates its global expansion recently. "The value of iGola lies in achieving win-win situations with partners (hotels, payment methods, tourism sharing platforms, e-commerce, etc.) to provide the best service for users from all around the world," said George Zhang.
Photo caption: George Zhang, Founder&CEO of iGola, giving a speech at the Phocuswright Conference