Ctrip india investment
WebApr 26, 2024 · Ctrip’s concerns centered around a foreign company taking over a brand in India. Naspers will own about 6 percent of the Chinese travel agency’s outstanding ordinary shares after the maneuver.... WebApr 27, 2024 · In turn, Ctrip will issue its shares to Naspers, which comes to a stake of about 5.6% worth over $1.3 billion, according to the company’s current market capitalisation of $23.5 billion.
Ctrip india investment
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WebJun 28, 2024 · All in all, Ctrip is undoubtedly a professional, reliable and mature OTA, and it can provide users with high-efficient and effective traveling solutions. However, the lack of innovation and... WebApr 26, 2024 · Ctrip said the investment leaves it with four percent of MakeMyTrip’s voting power. On paper, each stake is worth around $1.3 …
WebJan 8, 2016 · China's top OTA Ctrip invests in India's top OTA MakeMyTrip. Part of the deal, when approved, sees Ctrip getting a place on the MakeMyTrip board. Ctrip has also been given the all-clear to buy MakeMyTrip shares on the open market and will be allowed to own up to 26.6%. WebApr 28, 2024 · Chinese online travel company Ctrip is doubling its bet on the Indian travel market by increasing its share in the online travel site MakeMyTrip through an exchange with technology investor Naspers, according to a …
WebSep 10, 2024 · China’s online travel services provider Ctrip is reportedly planning to invest around $100 million in Indian online food delivery and restaurant search platform Zomato in a deal that values the company at $1.8 billion to 2 billion, The Times of India is reporting, citing people with knowledge of the matter.
WebApr 19, 2024 · J.S: Recently we made an investment in MakeMyTrip, the number one OTA in India. When Ctrip launched its IPO on NASDAQ nobody knew about us, so we said, ‘we are the Expedia of China’, and then when MakeMyTrip made its IPO, also on NASDAQ, they said they were the Ctrip of India. We believe India is a very promising market.
WebJun 28, 2024 · MakeMyTrip set to raise $330 million in the biggest round of funding The Gurgaon-headquartered company will also issue 916,666 ordinary shares to Chinese travel operator Ctrip.com International at a price of $36 per share, mobilising additional proceeds of about $33 million. 04 May, 2024, 12:27 AM IST MakeMyTrip raises $330 million in … bimby caracteristicasWebNaspers announced today an exchange of its stake in MakeMyTrip Limited (“MakeMyTrip”) (NASDAQ:MMYT) for a 5.6% stake in Ctrip.com International Limited (“Ctrip”) (NASDAQ:CTRP), a well-known provider of online travel and related services headquartered in … cynthia watros eye bagsWebAug 20, 2024 · Ctrip has acquired the additional stake in MMT in a swap deal with South Africa-based Naspers which received a 5.6% stake in Ctrip in exchange. The transaction … cynthia watros e michelle rodriguezWebAug 5, 2024 · The $86 billion Connecticut-based conglomerate calls itself the “world’s leading provider of online travel and related services.” But the company still has work to do on its machinery for taking... cynthia watros gifWebApr 26, 2024 · Ctrip’s concerns centered around a foreign company taking over a brand in India. Naspers will own about 6 percent of the Chinese travel agency’s outstanding ordinary shares after the maneuver.... cynthia watros hairWebJan 7, 2016 · Gurgaon, India 7 January, 2016 - MakeMyTrip Limited (NASDAQ: MMYT) ("MakeMyTrip" or "Company"), India's leading online travel company, announced today an agreement under which Ctrip.com... cynthia watros eye surgeryWebJan 8, 2016 · Ctrip, the Chinese travel booking site valued at over $10 billion, has taken a big step in India after it agreed to invest $180 million in MakeMyTrip, a fellow booking service that covers flights... bimby cheesecake