Search results for “MakeMyTrip”
Ctrip-backed MakeMyTrip sharpens focus on overseas markets
10/12/2019|10:30:20 AM|
India has 25 million outbound travelers at present and the outbound travel market is projected to cross USD 42 billion over the next five years.
Ctrip closes Naspers stock swap, appoints 3 more directors to MakeMyTrip's board
09/03/2019|8:17:28 PM|
Ctrip's CEO Jane Sun, CFO Cindy Wang and CTO Xing Xiong were appointed to the board of directors of MakeMyTrip, and Ctrip chairman James Liang continued to serve on the board.
Ctrip gets India regulator's approval for acquisition of 42.5% stake in MakeMytrip
08/21/2019|3:43:51 PM|
Ctrip holds nearly half of the Indian online travel firm after this acquisition.
MakeMyTrip narrows operating losses after growth across air, hotels and bus divisions
07/31/2019|11:30:15 AM|
MakeMyTrip reported gross bookings up 24% to $1.7 billion for the quarter ended June 30, 2019, and adjusted revenue up 21% to $198.5 million.
Jaunts abroad offer useful cover for China’s Ctrip
05/22/2019|3:57:54 PM|
Border crossings have increased, but only 44% of those travellers in the last quarter of 2018 ended up beyond Hong Kong, Macau or Taiwan.
MakeMyTrip revenue and bookings up more than 25%, operating losses down more
05/22/2019|2:26:58 PM|
The execution of our strategies has allowed us to improve on our market share and drive strong growth rates across gross bookings, adjusted revenue and standalone hotels online room nights.
The world won’t take China’s money—and India’s online travel firms are benefiting
05/09/2019|6:26:45 PM|
The India OTA market is becoming consolidated with very few players dominating. This helps investors to scale.
Ctrip to be MakeMyTrip’s largest stakeholder via share exchange with Tencent investor
04/26/2019|7:22:02 PM|
Naspers will own 5.6% of Ctrip, and Ctrip with a third-party investment entity will own ordinary shares and class B shares of MakeMyTrip, representing 49.0% and 4.0% of the India OTA's total voting power.
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