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MAKEMYTRIP EARNINGS
Room for less: Could short-stay hotels be the next big thing in hospitality?Hourly Hotels: This works on a pay-for-use model where guests pay only for the duration they need a room — typically 3-9 hours. The busines...- Nasdaq-listed MakeMyTrip said to hire banks for India offeringOnline travel platform MakeMyTrip is reportedly considering a Mumbai listing by the first quarter of 2027, engaging Axis Capital, Morgan St...
- Looking for cashback and rewards? These 5 credit cards suit frequent buyersRegular shoppers can significantly boost savings with the right credit card, earning cashback, reward points, and discounts on various plat...
- MakeMyTrip Q4 Results: Company posts profit of $ 171.9 million up from $ 5.4 million a year agoMakeMyTrip reported a revenue of $ 782.5 million for financial 2024, up from $ 593 million in fiscal year 2023. The company posted a revenu...
- MakeMyTrip clocks profit of $2 million in Q2FY24, to acquire Savaari Car RentalsMakeMyTrip, a Nasdaq-listed company, has agreed to acquire a majority stake in Savaari Car Rentals Private Limited, a provider of inter-cit...
- MakeMyTrip posts revenues of $88.6 million for Q4 of 2022The company said its adjusted operating profit improved to $12.0 million in quarter four of 2022 versus $11.1 million in quarter four of 20...
- MakeMyTrip & Amazon Pay announce strategic partnershipThe company said with Amazon Pay, ICICI co-branded credit card customers will earn unlimited cashback rewards on every flight, hotel or bus...
- MakeMyTrip's Q3 loss narrows to $11 million; Rajesh Magow elevated as Group CEOThe company had posted an adjusted operating loss of USD 22.2 million (over Rs 158 crore) for the corresponding period of the previous fisc...
- MakeMyTrip elevates Rajesh Magow as Group CEOAnnouncing the elevation during the earnings call, MakeMyTrip founder Deep Kalra said: “We believe that separating the roles of group CEO a...
- 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.
- ICICI Bank ties-up with MakeMyTrip to launch a range of co-branded credit cardsICICI Bank will offer two types of credit card – MakeMyTrip ICICI Bank Platinum Credit Card and MakeMyTrip ICICI Bank Signature Credit Card.
- Independent hoteliers fear a big squeeze in MakeMyTrip-OYO dealMakeMyTrip has begun listing Ritesh Agarwal-promoted OYO Rooms’ properties across its eponymous platform, as well as Goibibo, the online tr...
- MakeMyTrip pares Q4 loss to $44.1-million, wary of headwindsFor the quarter ended March 31, the company, which had a market cap of $3.20 billion as of Wednesday, reported loss of $44.1 million.
- MakeMyTrip and OYO rekindle partnership; Latter to list all properties across MMT platformsThe announcement also comes almost three weeks after a senior MakeMyTrip executive said, during the Nasdaq-listed company’s third-quarter e...
- 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.
- MakeMyTrip Q2 net loss at $62.3 mn, revenue at $152.9 millionThe company's revenue stood at $152.9 million for the September quarter. It was $83.1 million for the same period year ago.
- Holiday marketplace GoFro gets $10 million to continue its journeyThe GoFro founder said the Series-B round could expand further, given that the firm is currently engaged in discussions with multiple inves...
- $25m to $400m: SAIF Partners exits MakeMyTrip, makes 16 times on its investmentAmong the online travel agency's pre-IPO VC backers, SAIF was the first to invest and is last to exit. The venture capital firm had investe...
- Days after blocking OYO, MakeMyTrip makes room for its own Value+The launch of the brand is aimed at helping the Nasdaq-listed MakeMy-Trip increase revenue contribution from hotels business.
- MakeMyTrip posts Q4 net profit of $3.7 mnMakeMyTrip reported net profit of $3.7 mn for the fourth quarter ended March 31, 2011, compared to a loss of $1.3 mn in the same quarter la...
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