• Ctrip goes to India
Ctrip has made a USD180m investment in India-based online travel agent MakeMyTrip. The move is the latest in a series of acquisitions for Ctrip and comes as the company’s domestic market of China comes increasingly under pressure. The investment was made via convertible bonds. In addition, MakeMyTrip has granted Ctrip permission to acquire MakeMyTrip shares
Subscribe or log in to read the rest of this content.
Share →