(YTRA) Yatra Online, Inc. Business Model Canvas Research

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(YTRA) Yatra Online, Inc. Business Model Canvas Research

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Yatra Online’s Business Model Canvas: A Clear Strategic Edge

Unlock the full strategic blueprint behind Yatra Online, Inc.'s business model. This concise Business Model Canvas shows how Yatra creates value in online travel, builds key partnerships, and monetizes demand across services. Ideal for investors, analysts, and strategists who want a clear edge.

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Partnerships

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Airline inventory partners

Yatra Online, Inc. relies on airline inventory partners to feed domestic and international flight content into its platform, with live search, pricing, and instant ticket issuance. In FY25, air travel remained the core booking engine, so access to airline supply still drives most conversion in Yatra Online, Inc.’s air business.

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Hotel and homestay suppliers

Hotel and homestay suppliers give Yatra Online, Inc. access to lodging inventory across hotels, homestays, and other stay options, so it can serve both leisure and business travelers. They also support packaged trips and standalone hotel bookings, which helps Yatra widen choice and improve conversion across its accommodation business.

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Bus, train, and taxi operators

Bus, train, and taxi operators are the supply side behind Yatra Online, Inc.'s ground transport bookings, letting users compare and book multi-modal trips in one flow. India’s rail network spans about 68,000 km and carries roughly 23 million passengers a day, so these partners help Yatra tap a very large, high-frequency travel market and deepen its end-to-end trip offer.

Tour, activity, and event providers

Tour, activity, and event providers give Yatra Online, Inc. curated experiences, cultural tours, and ticket inventory, so the platform sells more than flights and hotels. In FY2025, these partners helped add ancillary value to holiday and city-trip bookings and support basket growth.

  • Curated experiences and tickets
  • Expands beyond transport and lodging
  • Boosts ancillary revenue per trip

Payment and service infrastructure partners

Payment and service infrastructure partners handle online checkout, booking confirmation, and post-booking travel servicing for Yatra Online, Inc. They matter because even small payment failures can break conversion, so reliable gateways and service rails help the marketplace scale without adding heavy in-house ops.

These partners also support refund flows, ticket issuance, and real-time confirmation, which keeps transaction trust high across flights, hotels, and other travel products. In FY2025, Yatra Online, Inc. kept scaling its digital travel model, so stable payment and servicing links stayed core to unit economics.

  • Enable secure digital checkout
  • Support booking and refund flows
  • Reduce failed transactions
  • Help scale marketplace operations
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Yatra’s FY25 Growth Was Powered by Key Travel and Payment Partners

Yatra Online, Inc.’s key partnerships in FY25 centered on airlines, hotels, ground transport, and experience providers, since those partners feed the inventory that powers search, booking, and ticket issuance across its platform.

Payment and servicing partners kept checkout, refunds, and confirmation flows reliable, which matters in a business where even small failure rates can cut conversion and trust.

Partner group Role FY25 impact
Airlines Core flight supply Highest booking engine
Hotels Lodging inventory Broader mix
Payments Checkout and refunds Higher conversion

What is included in the product

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Detailed Word Document

A concise Business Model Canvas of Yatra Online, Inc. showing its travel-platform strategy, customer segments, channels, and revenue streams.

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Clarifies Yatra Online’s business model in one editable view, making strategy gaps and opportunities easy to spot fast.

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Reference Sources

Provides a clear source trail for Yatra Online, Inc., making key claims easier to verify and decisions more defensible.

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Activities

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Search, compare, and book travel

Yatra Online, Inc. turns search traffic into bookings by letting users compare and book 4 core travel lines: flights, hotels, holiday packages, and ground transport. That makes search, pricing, and checkout its main revenue step, where each visit can end in a confirmed booking.

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Aggregate travel inventory

Yatra Online aggregates supply from airlines, hotels, rail, and buses into one searchable marketplace, so customers can compare options and prices in one place. This multi-supplier model improves choice and helps Yatra keep inventory broad across categories, which is central to its platform-led travel sales.

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Run website and mobile apps

Yatra Online, Inc. runs yatra.com plus three key apps: Yatra, Yatra Web Check-In, and Yatra Corporate. In FY2025, this digital stack stayed the core sales and service layer for booking, check-in, and customer support across its consumer and corporate travel business.

Serve corporate travel users

Yatra’s corporate travel activity uses self-service booking and policy checks to serve repeat, rule-based demand for enterprise clients. That matters because business travel is less price-sensitive and more recurring, so tighter booking flows can lift conversion and cut agent handling costs.

  • Self-service tools speed repeat bookings
  • Policy-driven flow reduces manual work
  • Enterprise demand improves booking efficiency

Manage post-booking travel support

Yatra manages itinerary changes, check-ins, and travel help after booking, so customers face less friction once the ticket is sold. This service layer is key to retention and satisfaction, since post-purchase support can decide whether travelers book again.

  • Handles changes and check-ins.
  • Lowers post-booking friction.
  • Supports repeat bookings.
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Yatra’s FY2025 Web and App Stack Powered Travel Sales

Yatra Online, Inc. focuses on search, pricing, booking, and post-booking support across flights, hotels, holiday packages, and ground transport. In FY2025, its web and app stack stayed central to consumer and corporate travel sales, with self-service tools reducing manual handling.

Key activity FY2025 focus
Search and booking Core revenue step
Corporate flows Policy-based self-service
Support Changes and check-ins

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Business Model Canvas

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Resources

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www.yatra.com platform

www.yatra.com is Yatra Online, Inc.'s main digital asset and the core of its direct-to-customer model, with 1 platform for discovery, comparison, and booking across flights, hotels, holidays, trains, and buses. In FY2025, Yatra said its platform remained central to growth, helping drive direct traffic and lower reliance on paid intermediaries.

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Mobile app ecosystem

Yatra's mobile app ecosystem spans 3 key products—Yatra, Yatra Web Check-In, and Yatra Corporate—covering search, booking, check-in, and trip servicing for travelers on the move. In FY2025, these apps kept booking and support always accessible, helping Yatra serve mobile-first users and corporate travelers without a desktop visit.

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12.4 million customers

Yatra Online, Inc. served about 12.4 million customers as of March 31, 2022, giving it a large demand base for repeat bookings and cross-sell. In travel, scale matters: more customers can improve brand reach, lower acquisition costs per booking, and help support revenue growth.

Travel brand and online trust

Yatra Online, Inc. has built its travel brand since 2005, and that trust is a key asset in a category where customers share payment details and rely on accurate confirmations. A trusted name helps turn searches into bookings, because travelers expect reliable service, quick support, and fewer checkout doubts.

  • Built since 2005
  • Supports payment trust
  • Improves booking conversion

Gurugram headquarters and operating team

Yatra Online, Inc. is headquartered in Gurugram, India, and that base anchors its technology, operations, and travel servicing teams in one place. For a business that serves domestic and international travelers, this NCR hub is a core resource for coordination, vendor management, and faster issue handling.

Gurugram’s deep talent pool and proximity to airlines, hotels, and enterprise clients help Yatra run a lean operating model. In FY2025, the company continued to rely on this central team to support online travel demand across India and overseas markets.

  • Gurugram centralizes key functions
  • Supports domestic and global scale
  • Improves coordination and service speed
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Yatra’s Core Assets: Platform, Apps, and Brand Power

Yatra Online, Inc.'s key resources are its www.yatra.com platform, mobile apps, brand trust, and Gurugram operating base. In FY2025, these assets kept booking, servicing, and direct traffic centered on Yatra Online, Inc.'s own channels.

Resource Data
Platform 1 main booking site
Apps 3 key apps
Customers 12.4 million
Founded 2005
HQ Gurugram
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Value Propositions

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One-stop travel marketplace

Yatra Online, Inc. brings flights, hotels, holiday packages, and ground transport into one booking flow, so customers can plan a full trip in one place. That cuts search friction and booking time, which matters in a market where travelers often compare several sites before buying.

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Domestic and international coverage

Yatra Online, Inc. serves travel demand in India and abroad, with domestic and international flight booking in one place. That wider reach gives travelers more route choice and helps Yatra tap the larger global air-travel market, which IATA said was set to carry 5.2 billion passengers in 2025.

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Self-service corporate booking

Yatra Corporate gives enterprise users a self-service booking tool that cuts manual travel handling and speeds policy-compliant bookings. For company travel teams, that matters: less back-office work, faster approvals, and tighter control across business travel programs.

Comparison-led convenience

Yatra Online, Inc. makes travel shopping fast by letting users compare flights, stays, transport, and activities in one digital flow. That cuts search time and helps customers weigh price, timing, and convenience side by side, which is the core value of comparison-led convenience.

  • One place for trip comparison
  • Fast price-versus-convenience checks
  • Simpler, quicker booking decisions

Ancillary travel add-ons

Yatra Online, Inc. broadens its value proposition with ancillary travel add-ons like activities, event tickets, travel vouchers, and gift coupons, so customers can buy more than flights and hotels in one place. These extras lift trip value and make Yatra useful for business trips, family breaks, and last-minute plans.

  • Activities and tickets add trip spend.
  • Vouchers and coupons improve repeat use.
  • More use cases mean higher platform stickiness.
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Yatra Simplifies Travel Booking and Boosts Trip Value

Yatra Online, Inc. bundles flights, hotels, holidays, and ground transport into one booking flow, cutting search time and booking friction. Yatra Corporate adds policy-based self-booking for business travel, while add-ons like activities, vouchers, and tickets lift trip value and repeat use.

Value point Evidence
One-stop booking Flights, hotels, transport
Business travel Self-service policy control
Ancillary revenue Add-ons and vouchers
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Customer Relationships

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Self-service digital engagement

Yatra Online, Inc. keeps customer contact mostly on its website and apps, where users search, compare, book, and manage trips with little human help. This low-touch model is built for scale and fits online travel behavior, with Yatra’s digital channels handling the main trip flow from discovery to post-booking service.

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Corporate account servicing

Corporate clients use dedicated self-service booking flows, which makes repeat travel easier and keeps policy rules built into the booking path. By cutting manual support touchpoints, Yatra Online, Inc. can serve enterprise accounts with lower servicing effort and better compliance.

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Assisted booking support

Assisted booking support matters at Yatra Online, Inc. because travelers often need help with 24/7 changes, cancellations, and disruption handling, especially on complex trips with multiple legs. In a market where IATA says airlines carried 4.8 billion passengers in 2024, fast human help builds trust and reduces drop-offs when plans change.

Personalized travel journeys

Digital travel platforms can tailor search results, fares, and add-ons from browsing and booking history, so Yatra Online, Inc. can make each trip feel more relevant and easier to book. That kind of data-led personalization supports repeat engagement because customers spend less time comparing options and more time completing bookings.

  • Tailor offers from search behavior.
  • Use data to boost convenience.
  • Repeat use rises when relevance improves.

Repeat-customer retention

By March 31, 2022, Yatra Online, Inc. had served 12.4 million customers, which points to a large repeat-user base. Travel is a recurring need, so keeping these customers active should lift lifetime value and lower re-acquisition cost.

  • 12.4 million customers by March 31, 2022
  • Repeat travel supports return bookings
  • Retention increases customer lifetime value
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Yatra’s Scale Runs on Fast, Low-Touch Digital Support

Yatra Online, Inc. relies on low-touch digital support, with self-service booking, personalized offers, and assisted help for changes or cancellations. Its scale is large: 12.4 million customers served by March 31, 2022, so repeat use and fast issue resolution matter most.

Metric Value
Customers served 12.4 million
Primary channel Website and apps
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Channels

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www.yatra.com

www.yatra.com is Yatra Online, Inc.'s main direct sales channel and central online storefront, where customers discover, compare, and book flights, hotels, holidays, and other travel services in one place. In FY2025, Yatra said its platform remained the core driver of direct demand, supporting the company’s online-led model and lower-cost customer acquisition versus offline channels.

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Primary Yatra mobile app

The primary Yatra mobile app lets users search and book travel on smartphones, so Yatra Online, Inc. can reach travelers outside desktop use. It matters most for frequent and last-minute trips, when fast booking and real-time access drive conversion.

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Yatra Web Check-In app

Yatra Web Check-In app streamlines airline check-ins after booking, so users spend less time on airline sites and stay inside Yatra’s travel flow. It adds convenience at a high-intent moment and helps Yatra deepen engagement with flight customers, which can support repeat bookings and higher lifetime value.

Yatra Corporate app

Yatra Corporate app is Yatra Online, Inc.'s B2B travel channel for business travelers and travel administrators, letting companies book and manage trips with self-service workflows. It supports a digital-led model, which fits Yatra Online, Inc.'s FY2025 push toward higher-volume corporate servicing.

  • Business travelers and admins
  • Self-service corporate bookings
  • Key B2B digital channel

Direct digital distribution

Yatra Online, Inc. uses direct digital distribution, so customers book through its website and mobile app instead of physical stores. This keeps the channel scalable and low-cost; India had more than 700 million internet users in 2025, which supports a web-first travel model.

  • Web and mobile are the main touchpoints
  • No retail network, so overhead stays lighter
  • Digital access makes scaling easier
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Yatra’s Digital-First Channels Keep Bookings Lean and Direct

Yatra Online, Inc. sells mainly through www.yatra.com and its mobile app, with FY2025 direct digital channels staying the core of bookings and keeping acquisition costs lower than offline sales. The Yatra Corporate app adds a B2B path for business travel, while Web Check-In keeps users inside the travel flow after booking.

Channel Role
www.yatra.com Main direct sales
Mobile app Smartphone bookings
Corporate app B2B travel
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Customer Segments

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Individual leisure travelers

Individual leisure travelers are Yatra Online, Inc.'s core B2C customers: they book vacations, hotel stays, and trip add-ons for personal travel, and they use the platform to compare options fast and buy with less effort. This segment matters because leisure demand is still the main volume driver in online travel, and Yatra's model fits price-sensitive shoppers who want one place to search, compare, and book.

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Domestic air travelers

Domestic air travelers are Yatra Online, Inc.'s core flight-booking base, buying tickets for routes within India and driving the company’s air travel mix. This segment depends on fast search, live fare checks, and quick price comparison, because even small fare gaps can decide the booking.

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International travelers

International travelers book cross-border flights, visas, and add-ons, so they need broad inventory and clear itinerary support. Yatra Online, Inc.'s global-market reach helps serve this segment, especially as international air travel in 2025–2026 continues to recover and expand across multiple regions.

Corporate travel buyers

Business users and enterprise travel managers use Yatra Corporate for self-service booking and policy-aligned travel controls, which makes buying faster and cuts admin work. Corporate travel is sticky: once a company sets travel rules and traveler profiles, it can keep sending repeat volume through the same platform.

  • Self-service booking for employees
  • Policy checks before trip approval
  • Repeat bookings from enterprise accounts

Ancillary travel customers

Ancillary travel customers use Yatra Online, Inc. for buses, trains, taxis, tours, activities, and tickets, so the platform becomes a one-stop travel shop beyond core flight and hotel bookings. This segment lifts repeat use and transaction frequency, which helps Yatra Online, Inc. deepen wallet share across each trip.

  • One platform for multi-step travel needs
  • Higher repeat bookings and frequency
  • Cross-sell beyond core travel
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Yatra’s FY2025 Buyers: Leisure, Air, Corporate, and Ancillary Growth

Yatra Online, Inc. serves four clear buyer groups in FY2025: leisure travelers, domestic air buyers, international travelers, and corporate travel managers. Leisure and domestic flight demand still drive the most volume, while corporate accounts add repeat, policy-led bookings and ancillaries raise ticket value.

Segment What they buy
Leisure Flights, hotels, trips
Domestic air India route tickets
Corporate Managed business travel
Ancillary Buses, trains, cabs
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Cost Structure

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Technology platform costs

Technology platform costs are a core operating cost for Yatra Online, Inc., because the company must keep its website, mobile apps, and booking engines running 24/7. Spending on cloud, software, cybersecurity, and product updates supports uptime, search speed, and secure payments across every booking flow.

In digital travel, even small outages can hit conversions fast, so this line item stays central to Yatra’s cost base in FY2025/FY2026 operating plans.

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Supplier and fulfillment costs

Yatra Online, Inc. spends on supplier connectivity and booking execution to lock inventory and deliver confirmed reservations fast. In FY2025, these fulfillment costs scaled with its air, hotel, and holiday bookings, so transaction handling stayed a core direct cost.

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Customer acquisition spend

Yatra Online, Inc. must keep spending on search ads, app installs, and promo campaigns because online travel is a high-competition, low-loyalty market. This customer acquisition spend supports visibility and conversion, and in FY2025 it remained a core selling cost needed to drive bookings against larger OTAs and direct airline and hotel channels.

Customer support operations

Yatra Online, Inc.'s customer support operations sit at the core of its booking model, because travel deals often need help before and after purchase. Teams handle changes, cancellations, refunds, and trip issues, and that service load directly affects customer satisfaction and repeat use.

  • Handles pre- and post-booking service
  • Covers changes, cancellations, refunds
  • Protects trust and repeat bookings

People, compliance, and admin costs

Yatra Online, Inc. carries steady people, office, and admin costs in Gurugram and other locations, plus payment and regulatory compliance spend. In FY2025, these overheads supported a scaled travel platform with 1,200+ corporate clients and 9,000+ active agents, so cost control here directly shapes margins.

  • Staff, offices, admin
  • Regulatory and payment compliance
  • Supports operating scale
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Yatra’s FY2025 Costs Rose with Bookings, Marketing, and Platform Demand

Yatra Online, Inc.’s cost structure is led by technology uptime, supplier connectivity, marketing, and customer support, with admin and compliance overheads also material. In FY2025, these costs scaled with air, hotel, and holiday bookings, while a 1,200+ corporate client base and 9,000+ active agents kept service and platform spend high.

Cost item FY2025 driver
Tech platform 24/7 search, booking, security
Marketing Search ads, app installs, promos
Support Changes, cancellations, refunds
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Revenue Streams

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Flight booking fees

Yatra Online earns flight booking fees from air ticket sales through commissions, service charges, and other transaction income, and flights stay its biggest travel line. In FY2025, this model still mattered because air bookings drove a large share of online travel demand, with the company scaling on high-volume, low-margin ticket flows.

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Hotel and package margins

Hotel and holiday packages earn Yatra Online, Inc. margin on supplier rates plus booking fees, and they lift average order value by adding stay and trip extras. Leisure travel stays the key demand driver: in FY2025, Yatra said its platform remained hotel- and package-led, with these products deepening trip value and supporting higher-margin sales.

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Ancillary service income

Yatra Online, Inc. earns ancillary service income from bus, train, taxi, activity, and event bookings that add extra fee-bearing lines to one trip. These add-ons raise transaction count per customer journey and make cross-sell easier across travel and leisure needs.

The result is higher revenue per booking and better conversion from the same user base.

Corporate travel services

Yatra Corporate can earn from business travel booking, trip support, and account servicing, and enterprise clients tend to book more often with higher ticket sizes, which makes this line steadier than leisure travel. That repeat B2B demand helps smooth cash flow and supports lower churn in Yatra Online, Inc.'s revenue mix.

  • Repeat enterprise bookings
  • Higher-value corporate trips
  • Stable B2B revenue base

Vouchers and gift coupon sales

Yatra Online, Inc. sells travel vouchers and gift coupons, which bring cash in now and can turn into travel bookings later. In FY2025, this stream also fits gifting and promo use cases, so it helps widen demand without adding heavy inventory risk.

  • Upfront cash from voucher sales
  • Future bookings from redemptions
  • Works for gifts and promotions
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Yatra’s Revenue Mix: Flights Lead, Add-Ons and Corporate Travel Boost Growth

Yatra Online, Inc. makes most revenue from flight bookings, then hotel and holiday packages, with smaller fees from buses, trains, taxis, activities, and events. FY2025 still leaned on high-volume travel transactions, while Corporate Travel and vouchers added repeat, fee-based income.

Stream FY2025 role
Flights Largest booking-fee line
Hotels and packages Higher-margin add-ons
Ancillaries Cross-sell fees
Corporate travel Repeat B2B demand
Vouchers Upfront cash, later redemptions

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