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SpaceX IPO: Indians queue up to invest more in US stocksSpaceX's blockbuster initial public offering has ignited significant interest among Indian investors in US stocks, with trading volumes on ...- Zomato drops pricing clause after pushback, source saysEternal's Zomato app has 24 million consumers and 300,000 listed restaurants. As demand for food delivery boomed, Eternal shares have more ...
- HC asks a petitioner to give its representation to Centre for ensuring that travel cos keep consumers data confidentialA Bench of Justice Manmohan and Justice Manmeet Pritam Singh Arora while rejecting the Ashwini Kumar Upadhyay’s plea gave liberty to him to...
- Why is it hard for hotels to trust Oyo?Many hotels have severed ties with Oyo citing alleged discrepancies in contracts and payments.
- Prima facie case for investigation against Oyo, Go-MMT: CCIFHRAI had alleged that the cos have abused their positions, charging excessive commissions from partners.
- Hotels in Sikkim boycott GoIbibo and Make My TripEffective January 16 hotels in the State have indefinitely closed inventory to the OTAs and have decided to not honour any new bookings tha...
- If I were to pick a rebound story for 2019, it will be hotel industryThere was a sharp rise in average room rent (ARR) during 2002-2007 period.
- Goibibo partners with PhonePe for hotel bookingsAs a part of this partnership, Goibibo will be live with their ‘Hotels’ store (microapp) on the PhonePe application to streamline travel bo...
- MakeMyTrip-Ibibo merger: How combined entity continues to struggle with problems old and newThe $1.8-billion largely stock deal saw the then newly merged travel giant grab more than 60% of the overall online travel market in India.
- 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...
- Online travel portals MakeMyTrip and ibibo announce mergerThe combination will bring together a bouquet of leading consumer travel brands like MakeMyTrip, goibibo, redBus, Ryde and Rightstay.
- Moving beyond low-margin plane tickets, online travel firms seeking to dominate hotel bookingsNaspers has been pumping money into the online travel company for nearly a decade, not bothering to broadcast it.
- South African media conglomerate Naspers invests another $250 million in Ibibo GroupFollowing this latest round of investment, Naspers will hold about 90% stake in the nine-year-old company.
- ibibo Group to receive $250 million investment from NaspersThe investment will be focused on extending ibibo's presence in the Indian hotels category and on additional technology innovations, ibibo ...
- Late to enter ticketing business, we grew on emergent learning: Ashish Kashyap, IbiboAshish Kashyap entered the travel aggregation business when incumbent players were well entrenched. However, this has not stopped him from ...
- Goibibo launches budget accommodations platform 'GoStays'Online hotel aggregator Goibibo today launched a platform 'GoStays' to facilitate booking budget accommodations through its mobile apps.
- Ibibo Group buys minority stake in cloud-based hotel services DjuboThe company is majority-owned by South Africa-headquartered internet and media group Naspers, which also an investor in Flipkart.
- Leadership change in redbus, cofounders Phanindra Sama and Charan Kumar Raju exit the companyAnoop Menon, who moved to redBus last year from ibiboGroup as CTO, will now take charge of the entire engineering function of the firm.
- Ibibo eyes 50 pc share of India's social gaming market by FY'14Online gaming company Ibibo aims to increase its market share in the country's social gaming space to 50 per cent in the next two years.
- ibibo eyes 10 mn users in the next two yrsSocial networking website ibibo targets to grow its userbase to 10 million persons in the next two years from 3.3 million users at present.
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