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Posts Tagged ‘ ibibo ’

MakeMyTrip net revenue jumps 81%, adjusted net loss narrows

Tuesday, January 31, 2017 | More »

MakeMyTrip Ltd, India’s largest online travel services firm, posted an adjusted net loss of $5.9 million in the third quarter, an improvement over the $14.8-million adjusted net loss in the same quarter of the previous fiscal. The NASDAQ-listed company said on Tuesday its revenue less service cost...


Yatra to list on Nasdaq today after reverse merger with US-based blank cheque firm

Online travel agency (OTA) Yatra Online Inc. on Monday said Terrapin 3 Acquisition Corp has become a partially-owned subsidiary of Yatra and the combined company’s stock is listing on NASDAQ under the ticker symbol “YTRA” with effect from Monday. In July, Yatra had entered into a reverse merge...

19 December, 2016 | More »


PayU India names Maneesh Goel as CFO

Naspers-backed PayU India has appointed former CEO of Den Snapdeal TV-Shop Maneesh Goel as chief financial officer, it said in a statement. Previously, Goel has also served a CFO of iDiscoveri Education Pvt Ltd and Getit Infoservices Pvt Ltd (Askme.com). “His expertise in strategic planning, worki...

26 November, 2016 | More »


Top MakeMyTrip shareholder to buy global travel search aggregator Skyscanner

Nasdaq-listed Ctrip.com International Ltd, which provides travel services including accommodation reservation, transportation ticketing, packaged tours and corporate travel management, has agreed to acquire global travel search site Skyscanner Holdings Ltd, for nearly £1.4 billion ($1.74 billion) i...

24 November, 2016 | More »


Naspers: Master of consolidation in Indian Internet business

Consolidation is not an unfamiliar word for new-age Internet businesses. It signals a maturing of the industry after a burst of innovation backed by venture capital money. If the roughly decade-old history of Indian Internet industry is scanned, the real take-off with consumer adoption started only ...

20 October, 2016 | More »


Exclusive: Cab pooling startup Derbii raises seed funding

Cab pooling app Derbii, run by Winwincab Rides Pvt. Ltd, has raised an undisclosed amount of seed funding from Accenture managing director Anurag Chauhan. “We’ll use the new funds to improve our technology, get more users, and increase the number of cabs on the road,” Gaurav Sinsin...

12 May, 2016 | More »


Consolidation in OTA space still 2-3 years away: Yatra’s Manish Amin

At a time when almost every sector in the consumer internet space is looking at consolidation, the online travel agency (OTA) segment still hasn’t seen too many mergers or acquisitions. And Yatra co-founder and CIO Manish Amin believes it will remain that way for some time. “The online trave...

25 April, 2016 | More »


Naspers takes redBus global; launches bus ticketing service in Singapore, Malaysia

Online travel group ibibo, part of South African media conglomerate Naspers Ltd, is taking its bus ticketing service redBus to overseas shores by launching operations in Singapore and Malaysia. redBus would enable travelers to book bus tickets between the two South-East Asian countries in addition t...

27 July, 2015 | More »

China’s Tencent launches social messaging app WeChat with ibibo in India; How different is it?

Chinese internet major Tencent, in collaboration with ibibo, has  launched its social messaging platform WeChat, a free mobile voice and text messaging application available globally, in India. Tencent had acquired minority shares in ibibo in 2008. WeChat offers text messaging,  push to talk voice...

26 July, 2012 | More »

Deals Vs General E-com, What Actually Works For India; Notes From Digital Commerce Conference

Indian ecommerce firms need to look at a hybrid business model which merges a standalone ‘deals’ business segment with a platform for general ecommerce, according to industry experts gathered at the 4th national conference on digital commerce, organized by The Internet and Mobile Association of ...

30 April, 2012 | More »

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