Les Gaz Industriels Limitée (GIL.mu) listed on the Stock Exchange of Mauritius under the Chemicals sector has released it’s 2014 interim results for the first quarter.For more information about Les Gaz Industriels Limitée (GIL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Les Gaz Industriels Limitée (GIL.mu) company page on AfricanFinancials.Document: Les Gaz Industriels Limitée (GIL.mu) 2014 interim results for the first quarter.Company ProfileLes Gaz Industriels Limitée is based in Bell Village, Mauritius, and engages in the manufacturing, distribution and sale of industrial gases such as liquid and gaseous nitrogen in bulk, cylinders and welding electrodes in Mauritius and internationally. The company’s production line also include medical gases that are primarily used for medical purposes such as hospitals and clinics, these gases include oxygen, air, entonox, and nitrous oxide gases. In addition, Les Gaz Industriels Limitée offers industrial gas equipment comprising of regulators, cutting torches, flashback arrestors, and a selection of accessories and options in medical gas equipment, as well as welding and cutting services. Les Gaz Industriels Limitée is listed on the Stock Exchange of Mauritius.
according to foreign media news, the United States to buy the ticket tool FLYR was $8 million A round of financing, leading investors from Peter Thiel fund. According to relevant information, FLYR previously received a $3 million 700 thousand seed financing Streamlined Ventures and Montage Ventures lead investment. Flyr branch in Europe has been the world’s largest insurance company Axa $500 thousand equity investment. So far, the company was founded less than two years has been more than 13 million U.S. dollars of financing.
FLYR is an artificial intelligence technology for the user to predict ticket prices. And by the insured, with the lowest price of the ticket purchase options for the user. Artificial intelligence, which is based on self built ticket price database and open industry data obtained. Of course, the company also through the establishment of a proprietary airline ticket price change model over the past year, to more accurately estimate the price of air tickets.
this practice is not new, the test is the ability to predict technology. First of all, users need to book a ticket in advance, and pay a deposit of $20 in a week, as long as the price is not more than 20 U.S. dollars, the user can directly mention the cheapest ticket purchase. When the price is reduced by more than 20 U.S. dollars, the system will automatically buy the lowest ticket for the user.
this is actually equivalent to the theory of air tickets in the insurance, but the difference is that the user is always the lowest price compensation.
in OTA under the premise of the "flow of monopoly, price difference to return" approach to a certain extent, eating some users and cash flow, similar to the company as well as Hopper and Options Away. Hopper completed $61 million 200 thousand C round of financing in December, known as the search accuracy reached 95%. Options Away and by airlines and travel agencies and other cooperation, using B2B2C approach, to provide services for users ticket price.
in response to competition, co-founder and CEO Jean Tripier said the new financing will be the main user to develop new products. Including business travel booking service, ticket booking solution, to expand the company’s product line. In order to compete with the two companies, the company said it would also predict the price and demand from the user to measure the intended behavior, in order to provide more intelligent ticket booking services.
is currently the company’s main business in North America and europe. Jean Tripier said that in order to expand the market, the company will expand its business to other countries in Asia and other countries.
of course, and the ticket price forecast in the same track in the same track search engine. For example, 36 krypton reported Skyscanner day last month by Ctrip acquired the domestic tour, there are similar travel iGola, riding a goose fly with me.