BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Open For Business  >  18 Years of Easybook: From Pet Project to RM300 Million Business

18 Years of Easybook: From Pet Project to RM300 Million Business

William Lee, Founder and CEO, Easybook

25-Apr-24 10:00

18 Years of Easybook: From Pet Project to RM300 Million Business

Founded in 2006, Easybook.com started off as a platform that sold bus tickets in Malaysia and Singapore but has since grown operations regionally. Last year it made RM300 million in revenue and RM10 million in net profit, with aims to hit RM500 million in revenue and RM30 million in profit this year.

The company has raised a total fund of USD$8.5 million over 3 rounds. The first was a $500,000 round, followed by a USD$3 million round. Then in 2021, the company raised US$ 5 million Series C round from Malaysia boutique investment firm, Emissary Capital and utilised the new funds to invest in the business but also to get through the pandemic.

Easybook is focused on maintaining its first mover advantage in this space with continued expansion into Indonesia and Vietnam, and is also preparing itself for an IPO - with the company scouting for listing locations that will provide it the best valuation.

In this episode of Open For Business, dive into Easybook's origins as a pet project back in 2006 and the 18 year journey that William has been on, how the business has changed as the internet economy grew, its competitive advantage in this space, the underlying business itself, and IPO thoughts.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  marketsCorporatesmanagingentrepreneurstravel

Tags:  easybookbus ticketstravelentrepreneurship





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Our expert tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

We break down the day’s top news with expert insights.

7:45 AM

Morning Brief

We break down the day’s top news with expert insights.

8:00 AM

The Breakfast Grille

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

8:30 AM

Morning Brief

We break down the day’s top news with expert insights.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) We bring you the latest on Bursa Malaysia and international capital markets.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Pinnacle Perspectives

We take you behind the scenes of the corporate C-Suite to dissect what keeps leaders up at night.

10:05 AM

Open For Business

11:05 AM

P&L

12:00 PM

Enterprise Explores

1:00 PM

The Breakfast Grille Repeat

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

2:05 PM

Discovery Hour

3:05 PM

Earth Matters

This month on Nature Reads, we speak to nature communicator Azamuddeen Nasir - aka AnakUmiSukaHutan - about the books that inspire his work as a nature communicator and PhD researcher.

3:20 PM

Earth Matters

We speak to Law Yao Hua and Wong Siew Lyn, the co-founders of environmental journalism portal Macaranga, for a round-up of top environmental news from July 2025.

4:05 PM

Health & Living

From smoking several packs a day to a lung cancer diagnosis decades later, we hear from an ex-smoker how he finally kicked the habit.

5:00 PM

Top 5 at 5

6:00 PM

Today I Learned

7:00 PM

Just For Kicks

8:00 PM

A Bit of Culture