Searched for
CTRIP
MakeMyTrip raises $3.1 billion to cut Chinese firm Trip’s holdingWith this, Trip.com’s stake in MakeMyTrip has fallen to 19.99% from 45.34%, with two directors, down from five. This comes a month after Ma...- MakeMyTrip plans $3 billion buyback; China’s Trip.com stake to drop below 20%MakeMyTrip intends to raise $3 billion through debt and equity to repurchase shares from Group, reducing their stake from 45.34% to 19.99%....
- Millions on the move as China eyes holiday bounceThe Golden Week holiday marks the founding of the People’s Republic of China in 1949 and sees an astonishing annual movement of people tryi...
- CCI approves Ctrip acquisition of 42.5% stake in MakeMytripThe transaction values MMT at over $2.57 billion based on Ctrip share price early on Tuesday.
- Policy in works to outsource business process to homeIncentive scheme modelled on Amazon, MMT to encourage work from home.
- India continues to be a big growth driver for NaspersTerming FY19 as “transformational”, the company said almost all its revenue came from online activities.
- Oyo's Chinese arm to up inventory to 500,000 rooms, list on CtripChina, Indonesia, UK big growth markets, says Oyo global chief strategy officer.
- Oyo China partners travel portal CtripBoth companies to collaborate across multiple areas of business.
- OYO enters into a strategic partnership with CtripThe partnership will enable Ctrip to leverage Oyo's 'volume of low-cost assets' while OYO will benefit from Ctrip’s distribution network an...
- OYO claims to be second-largest hotel group in ChinaOYO Jiudian, the Chinese subsidiary of the SoftBank-backed hospitality chain, said it is now present in 320 cities.
- Chinese online travel agency removes products referring to Arunachal Pradesh after objectionsChina claims Arunachal Pradesh as part of southern Tibet. India firmly maintains that the state is integral and inalienable part of the cou...
- Naspers exits MakeMyTrip, leaves Ctrip largest stakeholder in portalChinese co will hold 49% in Indian travel operator; Naspers to get 5.6% in Ctrip after share swap.
- China’s Ctrip may put $100 million in ZomatoCtrip has not been among the most active Chinese strategics in India, with a sole investment in online travel agency Make-MyTrip.
- We didn’t want to compromise on market leadership: MakeMyTrip, CEO, Rajesh MagowAs a market leader, people expect you to offer the best prices. So we had to change our course which was tough, because we were constrained...
- MakeMyTrip set to raise $330 million in the biggest round of fundingThe Gurgaon-headquartered company will also issue 916,666 ordinary shares to Chinese travel operator Ctrip.com International at a price of ...
- CCI clears acquisition of Ibibo group by MakeMyTripThe Competition Commission of India (CCI) has approved the deal, as per the latest update on the regulator's website.
- ixigo to get $10-million ticket from SequoiaMarketplace works as a price comparison engine aggregating deals from over 25,000 online & offline providers
- MakeMyTrip spent Rs 730 crore on sales and marketingThe spending underlines an increasingly expensive battle for domination of the hotel booking space being fought between Ibibo Group and OYO.
- MakeMyTrip plans to become makemyroomThis could mean tough competition for its rivals including Naspers-backed B2C travel aggregator Goibibo and budget-hotels marketplace Oyo R...
- Chinese online travel major Ctrip.com International to invest Rs 1204 crore in MakeMyTripChinese online travel major Ctrip.com International has agreed to invest $180 million in India's largest online travel company, Nasdaq-list...
Load More
