Ctrip india investment
WebApr 26, 2024 · Ctrip will invest certain ordinary shares and class B shares of India’s largest online travel agency group MakeMyTrip in a third-party investment entity, which will hold class B shares of ... WebJan 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...
Ctrip india investment
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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. WebFounded in 1999 and listed on NASDAQ in 2003 and HKEX in 2024, the Company currently operates under a portfolio of brands, including Ctrip, Qunar, Trip.com and Skyscanner, …
WebCtrip's 2024 annual report shows that its net income had reached $4.5 billion for the full year of 2024, a 16% rise year on year. Second, unlike the data from other platforms, data … 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....
WebJan 5, 2015 · Since its inception in 1999, Ctrip has experienced substantial growth and become one of the best-known travel brands in China. For more information, please … 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 7, 2024 · Ctrip bought a more than 26% stake in MakeMyTrip, India’s OTA leader. With the help of a local player, it will be easier for the company to capture part of the lucrative …
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... danny clark burnie wheel raceWebJan 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... danny clarke\u0027s wifeWebJan 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%. danny cleanThe company was founded by James Liang, Neil Shen, Min Fan, and Qi Ji in June 1999. The company was listed on the NASDAQ in 2003 through a variable interest entity (VIE) based in the Cayman Islands in a Merrill Lynch-led offering, raising US$75 million from the sale of 4.2 million American depositary receipts at $18 each. It appreciated 86% to close at $33.94 per ADR in its first day of trading. The stock traded at a peak of $37.35 on its first day of trading, making it the … birthday greetings to 90 year old womanWeb2 days ago · United Nations’ specialized agency for tourism development, World Tourism Organization ( UNWTO ), and the Annual Investment Meeting (AIM), an investment platform in the Middle East, have... danny cleaners 19131WebJan 7, 2016 · SHANGHAI, Jan. 7, 2016 /PRNewswire/ -- Ctrip.com International, Ltd. (NASDAQ: CTRP) ("Ctrip") today announced that it will invest US$180 million in MakeMyTrip Limited (NASDAQ: MMYT)... birthday greetings to a 21 year old sonWebAug 24, 2024 · Ctrip has partnered with Booking.com for foreign hotel inventory, acquired Skyscanner, made numerous investments in smaller companies in key markets … birthday greetings to a colleague