Search results for “MakeMyTrip”
Over 70% of Ctrip bookings are done by mobile
The use of mobile phones has surpassed the one of PC/tablets and is now the core of e-commerce, and the entire user’s behavior is around mobile phones, at least in China.
Ctrip named the top travel company in China for four years in a row
China’s top 20 tourism groups have recorded total transactions of RMB 1.53 trillion this year, 400 billion yuan more than last year, according to a ranking list jointly released by China Tourism Academy and China Tourism Association.
ChinaTravelNews annual roundup: Major events of year 2017
In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
Why is there no global B2C online travel brand yet?
To be global, a brand needs to be able to reach the vast majority of consumers across the world. And these brands are missing one key piece of the puzzle - a global B2C brand.
Travelport net income plummets 78% to $5 million in Q3 2017
Travelport reported a 78% decrease in net income to USD 5 million for the third quarter of 2017. International revenue increased 7%, with 12% revenue growth in Asia Pacific.
MakeMyTrip revenue grows 79.4% to $152.9 million
For the latest fiscal quarter ended September 30, 2017, revenue increased 79.4% YoY to $152.9 million.
India sees a 25% surge in online travel bookings
Indian consumers spent $14.85 billion on online travel in 2016, a year-over-year increase of 25%. India's domestic airline tickets made up the largest share of digital travel purchases at 40%.
Indian OTA Treebo raises $34 million from Hong Kong investors
Indian budget hotel booking platform Treebo has raised USD 34 million, backed by Hong Kong investment firms. It has nearly 300 franchisees operating under its brand across over 50 cities.
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Ctrip announces $2 billion facility agreement
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BCD Travel takes majority stake in Japanese partner Hitachi Travel Bureau
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