Travelogy acquires Nearby.sg

Travelogy.com has announced today the full acquisition of nearby.sg, a location-based mapping and points-of-interest directory in Singapore.
By: Travelogy.com Pte Ltd
 
May 31, 2012 - PRLog -- 1 June 2012 - Travelogy.com, a Singapore-based startup that builds technology and provides digital marketing solutions for travel, has announced today the full acquisition of nearby.sg, a location-based mapping and points-of-interest directory in Singapore.

Nearby.sg competes with Streetdirectory.com, a travel and mapping portal currently with 6.8 million pages indexed on Google search engine vs. nearby.sg’s 5.5 million pages. Streetdirectory was acquired in August 2008 by JobsDB.com for an undisclosed sum. In July 2010, Global Yellow Pages invested a sum of $3.5 million for a 53.13% stake in ShowNearby, another similar competitor in the mobile app space.

“The strategic acquisition of nearby.sg extends our multi-channel media platforms from web, print, and social media to the fast growing mobile and tablet space,” said Ms Winnie Tan, founder of Travelogy. “We will be integrating Travelogy’s context-sensitive ad-serving engine with nearby.sg’s location-based maps and technology to allow advertisers in the travel industry to effectively reach out to their target audience.” she added.

For now, http://nearby.sg will continue to operate under its current name.

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About nearby.sg
Launched in March 2010, nearby.sg is an intuitive platform that allows people to search what's near a location in real-time across both mobile and web browsers. Using an SEO long-tail strategy, it currently has 5.6 million pages indexed in Google search engine and sees a monthly traffic of 250,000 visits.

Building on the core premise of providing accurate location-based information and recommendations, nearby.sg is committed to making it easy for people  to discover and explore places within Singapore.

About Travelogy.com Pte Ltd
Travelogy.com is a Singapore-based startup that provides technology and digital marketing solutions to the travel industry. It owns and operates the travel portals ComeSingapore.com and TripZilla.com.
End
Source:Travelogy.com Pte Ltd
Email:***@travelogy.com Email Verified
Zip:118223
Tags:Travelogy, Nearby, Acquisition, Mobile App, Location Based
Industry:Tourism
Location:Buona Vista - Singapore - Singapore
Subject:Mergers
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