TBC Bank Group Becomes the Principal Shareholder of TKT.GE Platform
The TBC Bank Group PLC has increased its shares in TKT.GE, a platform for online ticket purchasing, from 26% to 55%, thus becoming its principal shareholder. The initial 26% of the platform were bought by the Group a year ago.
On July 1, representatives of the TBC Bank Group and TKT.GE hosted media representatives at the TBC Headquarters and briefed them about the case.
The CEO of TBC Bank was first to address the audience.
“We have launched the presentation of a number of important applications over the past few months,” stated Vakhtang Butskhrikidze. “This is one of the strategic directions for the TBC Group, which is focusing on the simplification of life for clientele, making it easier to do business for entrepreneurs.”
The CEO also spoke about the goals of the bank to enter two new markets – Azerbaijan and Uzbekistan and to have 10 million customers by 2022.
“We aim to test the given application in Georgia first and then move it beyond the borders of the country,” noted Butskhrikidze. “We want to direct our cooperation in the more strategic direction and share our knowledge as an institution to our partners,” he added.
Tornike Gogichaishvili, Deputy CEO of TBC Bank, also took to the stage.
“Our strategic partnership has been catalyzed by our mutual paths to simplify the life of our customers, and along with financial and banking services offer them facilities that would be useful and comfortable in their everyday life,” said Gogichaishvili.
Levan Kiladze, the founder of the TKT.GE platform also spoke about the case.
“We have very ambitious plans and totally share interests with the TBC Group. Therefore, we believe that this cooperation will help us to carry out many more successful projects,” stated Kiladze.
Kiladze noted that TKT.GE has successfully gone through the validation process in Georgia and wants to adapt to foreign markets as well. He also underlined that there is a great synergy with the TBC Group in this case.
The online platform TKT.GE was launched in 2015 with 14,000 GEL in capital. Three years later, it caters to over 400,000 loyal customers. By focusing on permanent development and a motivated team of experienced professionals, the platform has changed the game in its sector.
Currently, 80% of tickets are sold via the online platform, while several years ago the figure barely exceeded 30%. In addition, TKT.GE has successfully held nearly 3,000 events already.
The platform TKT.GE was launched by the Lemondo Company, which remains the managing partner in Online Tickets and will work alongside TBC Bank Group to ensure the implementation of the company’s future strategies.
By Ketevan Kvaratskheliya