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Search results for “Nasper”
Ctrip gets India regulator's approval for acquisition of 42.5% stake in MakeMytrip
08/21/2019
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3:43:51 PM
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Ctrip holds nearly half of the Indian online travel firm after this acquisition.
From sleepless in Singapore to $70 million for cut-rate hotels
08/19/2019
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11:41:04 AM
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RedDoorz CEO Saberwal wants to build a company with a valuation of $1 billion by next year, possibly $5 billion in two to three years, by which time he hopes to take RedDoorz public.
Tencent's backer Naspers looks to sell its 52% stake in TBO
09/28/2017
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10:29:22 AM
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Naspers has invested about $18.5 million in Tek Travels, the parent of TBO, and holds a 52% stake in this venture, with the rest 48% held by its two founders who has offered to buy out Naspers' stake.
The world won’t take China’s money—and India’s online travel firms are benefiting
05/09/2019
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6:26:45 PM
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The India OTA market is becoming consolidated with very few players dominating. This helps investors to scale.
Jaunts abroad offer useful cover for China’s Ctrip
05/22/2019
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3:57:54 PM
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Border crossings have increased, but only 44% of those travellers in the last quarter of 2018 ended up beyond Hong Kong, Macau or Taiwan.
Naspers pitches up with another deal in India
07/06/2016
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4:17:24 PM
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Travel Boutique Online (TBO), an Indian B2B player backed by South Africa’s Naspers, has bought a stake in campsite aggregator Deyor Camps.
Ctrip backs MakeMyTrip's $330 million fundraising
05/04/2017
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1:05:17 PM
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MakeMyTrip has announced a share placement and purchase agreement to raise USD 330 million. Existing investors Ctrip and Naspers have participated in the financing.
MakeMyTrip may invest In FabHotels after talks with Treebo fail
04/25/2017
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2:13:45 PM
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In its latest bid to make a dent in the online budget hotels market, MakeMyTrip may be finalising an investment in FabHotels.
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