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MakeMyTrip-ibibo merger: What it means for hotel aggregators

Thursday, October 20, 2016 | More »

MakeMyTrip-ibibo merger
The merger between MakeMyTrip and Naspers-owned ibibo Group could benefit hotel aggregators in India in more ways than one. To begin with, it will reduce cash burn and discounting, founders of several hotel aggregation platforms told TechCircle. On Tuesday, NASDAQ-listed and India’s oldest onl...


China’s Ctrip to invest $180M in MakeMyTrip

MakeMyTrip Ltd said it has signed an agreement with fellow NASDAQ-listed firm Ctrip.com International Ltd where the Chinese travel services firm will invest $180 million (Rs 1,200 crore) through convertible bonds in India’s largest online travel agency. Ctrip will separately buy shares of Make...

7 January, 2016 | More »