TripAdd announces acquisition of Lithuanian chatbot innovator, Eddy Travels

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NEW YORK, Sept. 9, 2022 /PRNewswire/ — TripAdd, an ancillary service supplier throughout the Blue Ribbon Bags Group, accomplished its multi-million greenback acquisition of Eddy Travels. The Blue Ribbon Bags Group plans to leverage their present relationship with over 300 OTAs to advertise the revolutionary TripAdd resolution in addition to Eddy Travels’ A.I. powered chatbot.

TripAdd will perform as an embedded white label market for ancillary distributors & journey suppliers. TripAdd will likely be utilizing real-time machine studying expertise to optimize bundles of third celebration ancillary providers through the use of buyer knowledge factors.  Eddy Travels’ machine studying experience will improve TripAdd’s capabilities and supply a greater person & journey expertise throughout the TripAdd ecosystem.

Several journey distributors have agreed to offer discounted pricing to TripAdd so companions can supply worth added providers to their prospects. Partners that embrace TripAdd of their reserving flows will acquire entry to an ever-growing vault of ancillary merchandise, together with receiving real-time intelligence from the TripAdd Partner Dashboard.

Eddy Travels will proceed to function its journey centered chatbot and can rebrand its assistant as ‘EddyAI’. Eddy AI’s assistant makes use of machine studying expertise for pure language understanding and personalization. The AI assistant processes person messages and solutions the most typical buyer questions immediately.  

Edmundas Balčikonis, Co-Founder and CEO at Eddy Travels commented, “The whole Eddy Travels team is super excited to join the TripAdd family. We have been partnering with the TripAdd Team from the US for a while and working together has been great. With all the exciting opportunities in the travel industry, the time is perfect for a merger. We are eager to help the travel industry recover with TripAdd ancillary marketplace and AI assistant technology under the new Eddy AI brand.”

“We’re extremely excited to bring the Eddy Travels Team onboard. Their expertise in machine learning and language processing brings a huge boost to our Development Team,” stated CEO of Blue Ribbon Bags and TripAdd, Gabriel Menkin. He added, “With this partnership and introduction of TripAdd, we’re better positioned to provide the best in class service providers to our customers.”

About Blue Ribbon Bags: Blue Ribbon Bags (“BRB”) is the world’s main misplaced baggage monitoring service. For solely $5, BRB tracks and expedites the return of baggage misplaced by airways. If the bags can’t be returned to the passenger inside 96 hours, BRB will present the passenger with a satisfaction assure of $1,000. BRB covers each flight, in all places on this planet and sells it providers in 90+ international locations via OTAs, TMCs, airways, journey insurance suppliers and bank cards.

About TripAdd: TripAdd is a digital market for all issues journey. TripAdd sources hundreds of affords from some of the world’s largest journey firms. Based on the shoppers journey particulars TripAdd selects the very best product affords and combines them into customized discounted journey bundles. Travel merchandise akin to excursions, flight care, e-visa and far are extra are included in bundles offered by TripAdd.

About Eddy Travels: Eddy Travels is a synthetic intelligence powered journey assistant with voice understanding that permits individuals to plan their journeys in minutes. Travelers can ship a textual content or voice message to Eddy Travels assistant and get customized strategies for the very best flights, motels, automobile leases and different travel-related providers immediately. The digital assistant is accessible on Facebook Messenger, Instagram, Telegram, Viber, Slack, Line and WhatsApp. Over 4 million individuals worldwide have already used the Eddy Travels Assistant to obtain product affords and FAQ solutions in seconds.

SOURCE Blue Ribbon Bags, LLC



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