This little-known Chinese startup just hit a valuation of $30 billionWang started Meituan.com in 2010 as a group-buying site similar to Groupon Inc., where people can get discounts by buying electronics or re...
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.
MakeMyTrip-Ibibo merger leaves no room for Number 2 in online travel spaceAccording to analysts, it has created a massive vacuum, changing industry dynamics as they existed, and removing the perception of an exist...
Yatra Online agrees to be acquired by Nasdaq-listed Terrapin 3 Acquisition CorpFounded in 2006, Yatra competes with the likes of Nasdaq-listed MakeMyTrip. com, Naspers-backed Ibibo Group, Cleartrip.com and online hotel...
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.
TravelTriangle looks to raise $30 million in third round of fund raisingThe five-year-old Noida-based venture, counts marque venture capital firms SAIF Partners and Bessemer Venture Partners among its existing b...
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...
China ahead of Europe and North America in R&D spend: ReportA study on R&D spend by top Global 500 companies for 2014 has found that China surpassed Europe and North America in growth of total R&D sp...
Companies like Toyota, General Motors and others spent over $1 billion on R&D: Zinnov ReportAccording to Zinnov’s latest report on R&D spending, these corporates spent about $472 billion collectively on R&D.
IAMAI team to meet Chinese e-commerce, Internet companiesThe 5-day trip with 23 delegates will witness meetings with Chinese firms including HDT Mobile, Google China, DoMob, Wandoujia & UCWeb, IAM...
- Beijing hotels slash rates after expected Olympic demand falters
Hotels in Beijing are slashing room rates for next month's Olympics after tighter security among other measures dashed an expected windfall...
- Beijing hotels slash rates after expected Olympic demand falters
Some hotels in Beijing have cut their rates by as much as 30 per cent as expected high demand for the Olympic Games has not materialized, a...
- IAC online conglomerate planning US$100 mn China expansion
IAC is looking for opportunities to develop or buy businesses geared to Chinese users, Barry Diller said.