| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
533 |
| Employees |
12 |
| Revenues (TTM) (Millions $) |
2,525 |
| Net Income (TTM) (Millions $) |
276 |
| Cash Flow (TTM) (Millions $) |
-18 |
| Capital Exp. (TTM) (Millions $) |
751 |
Business Description
Tingo Group Inc is a Canadian technology company specializing in developing and operating online marketplaces for travel services, with its headquarters located in Toronto, Ontario. The company's core business is focused on offering consumers access to hotels and other lodging services, providing a platform that allows them to easily compare prices, read reviews, and make bookings through a secure online platform.
Tingo was founded in 2010 by a team of experts in the online travel industry with the aim of revolutionizing the way travelers search for and book accommodation. The company's main website, www.tingo.com, was launched in 2012 as a hotel booking platform with a difference. Unlike other traditional travel booking sites, Tingo's platform automatically re-books customers' hotel rooms if it detects a lower rate after the customer has made a booking. This ensures that customers get the best available rates without having to waste time monitoring rates manually.
Tingo has formed partnerships with leading hotel chains and travel suppliers worldwide, such as Booking.com, Expedia, Hilton, and Marriott, among others, to provide access to a vast inventory of accommodation options for its customers. This allows Tingo to offer competitive prices and attractive packages to customers, driving customer loyalty and repeat business.
Moreover, the company has invested heavily in creating a user-friendly platform that makes it easy for customers to find the best deals and make bookings seamlessly. The platform features advanced search functionalities, personalized recommendations, and user reviews, among other features that enhance the overall customer experience.
In addition to its core business of hotel booking, Tingo has expanded its offering to include other related travel services such as car rentals, flights, and vacation packages. The company uses data analytics and artificial intelligence technologies to understand customer behavior and preferences, enabling it to offer personalized product offerings and provide a better user experience.
Tingo's commitment to providing a seamless customer experience, its industry partnerships, and cutting-edge technology have been recognized by various industry awards, including the Canadian Innovation Award, the Webby Awards, and the Ernst & Young Entrepreneur of the Year award.
In conclusion, Tingo Group Inc is a leading Canadian technology company that specializes in operating online marketplaces for travel services. The company has built a reputation for providing customers with innovative and personalized solutions while maintaining a commitment to excellence in customer service, product quality, and industry partnerships.
Company Address: 28 West Grand Avenue Montvale 7645 NJ
Company Phone Number: 225-0190 Stock Exchange / Ticker: NASDAQ TIO
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