Search results for “MakeMyTrip”
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.
How MakeMyTrip shut out two smaller budget hotels to favour OYO
04/19/2019|6:47:04 PM|
FabHotels and Treebo had to find customers using other aggregators like Yatra, Cleartrip, or Booking.com to compete with a hyper-funded OYO.
HappyEasyGo-ing well to dethrone Yatra with 25,000 air ticket transactions daily
04/09/2019|4:22:02 PM|
About 80% of air ticketing volume comes directly from individual consumers. Corporations and businesses account for the rest 20% of HappyEasyGo’s air ticketing volume.
OYO-MakeMyTrip extend commercial agreement for a further five-year period
03/15/2019|3:34:56 PM|
The deal will continue to see the latter exclude OYO’s rivals, SAIF Partners-backed Treebo Hotels and Accel India-backed FabHotels, from its two primary platforms, including GoIbibo.
MakeMyTrip gross bookings increases by 31.9% in Q3 2019
01/24/2019|9:12:02 PM|
For the third fiscal quarter ended December 31, 2018, revenue from air ticketing business increased to $43.5 million, flight segments for air ticketing business increased by 19.4% YoY.
OYO reportedly in talks to acquire rival Treebo Hotels
12/24/2018|11:53:07 AM|
If this acquisition deal goes through then this will be the second-biggest deal in the domestic online travel market just after acquisition of ibibo by MakeMyTrip in 2016.
Sequoia, Fosun set to pump more money into travel aggregator ixigo
11/19/2018|9:21:31 AM|
Ixigo is also backed by online travel services provider MakeMyTrip and investment firm SAIF Partners.
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