Ctrip india investment
WebJan 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... 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 …
Ctrip india investment
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WebAug 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 … 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 …
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 … WebApr 28, 2024 · Ctrip already held a stake in the Gurugram-based company through a $180 million investment in 2016. The company increased its ownership by entering a share swap deal with Naspers, the South African tech and internet conglomerate, which will exchange its stake in MakeMyTrip for newly issued shares in Ctrip.
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 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.
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 10, 2024 · CTRP News Today Why did Ctrip.Com International stock go down today? NASDAQ:CTRP Ctrip.Com International - CTRP News Today Notice: This company has been marked as potentially delisted and may not be actively trading. Compare Today's Range $37.01 $37.91 50-Day Range $27.66 $36.57 52-Week Range $25.00 $46.50 … shutdow -s -f -t 1800WebSep 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. the pack lindsey vonnWebCtrip founded, combing the latest I.T. and traditional travel services Corporate Responsibility We invest in people and projects around the world to support the … shutdows -t -lWebApr 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 ... shutdow -s -t 8000WebApr 15, 2024 · As of December 31, 2016, Ctrip's goodwill was RMB 56.0 billion (USD 8.1 billion) and indefinite lived intangible assets were RMB 11.6 billion (USD 1.7 billion), … the pack loungeWebFounded 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, … the pack lodgeWebApr 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. the pack lisi harrison