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Business Travel

Travel Service Provider Serko Turns Slight Profit and Gets Ready for Growth

Andrew Sheivachman

Photo Credit: Serko executives at a trade show. Serko is looking to convert more customers to its Zeno platform to help drive revenue.  Twitter / Serko

Skift Take

By revenue and booking volume, Serko remains a small player among global travel management companies. Its technology prowess, however, has outstripped many of the bigger players, setting it up for future expansion.

Corporate travel across Asia is a rapidly growing market, and regional travel management service providers are looking to expand globally. New Zealand-based Serko released its 2018 annual report last week, showing the strides the public company has made in the Asia-Pacific corporate travel marketplace. The company's operating revenue grew 28 percent to $12.78 million U.S. dollars with booking transaction growth of 20 percent this year. It claims to have more than 50 percent of the Australasian corporate market on its platforms. Its p

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