MakeMyTrip

News / Technology

Yatra lifts marketing spend by 46% in a year

By Martin Cowen | May 17, 2017

Yatra.com has reported its full-year results to end-March, confirming that it is growing strongly in volume terms while finding it difficult to rein in costs and losses. Its financial year runs Apr Read More

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Ctrip wastes no time bringing Skyscanner centre stage

By Martin Cowen | May 11, 2017

Ctrip's better-than-expected first quarter earnings also reveal its commitment to developing Skyscanner's direct booking and marketplace capabilities during the year. Skyscanner was bought by Ctrip Read More

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Goibibo defends industry first claims

By Martin Cowen | May 10, 2017

Goibibo is confident that its recently launched "One View" product is an "industry first". Tnooz reported on One View earlier this week, prompting a number of public and private conversations aroun Read More

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MakeMyTrip expands war chest by $330 million

May 3, 2017

India's MakeMyTrip has announced a share placement and purchase agreement which will net the business gross proceeds of $330 million. The money raised "will be used to fund business expansion, stra Read More

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Ctrip starts to get serious about corporate travel

By Martin Cowen | February 28, 2017

Ctrip has relaunched its approach to corporate travel, introducing a "TM+" strategy based on a comprehensive set of products, self-service and big data. Speaking at a conference in Beijing, Ctrip's Read More

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Ctrip expects bumper long-term growth from its international business

By Martin Cowen | February 23, 2017

Ctrip's CEO Jane Sun has outlined the scale of its ambitions outside China following its purchase of Skyscanner and investment in MakeMyTrip. Talking to analysts on its 2016 Q4/FY earnings call, sh Read More

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Paytm ramps up travel category after blockbuster start

By Martin Cowen | February 13, 2017

India's mobile payments and marketplace platform Paytm has its sights set on becoming a major player in the country's online travel space. The business is a relative newcomer to travel - it only st Read More

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Yatra numbers show scale of marketing spend gap with MakeMyTrip

By Martin Cowen | February 3, 2017

Yatra.com's first quarterly earnings release since joining Nasdaq in December shows a 20%+ increase in booking volumes from its air and hotels business. In the Oct-Dec period, Yatra handled 1.8 mil Read More

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MakeMyTrip commits to growth as Ibibo integration gets under way

By Martin Cowen | February 1, 2017

MakeMyTrip has completed its merger with Ibibo Group and will continue to prioritise growth over profitability in the short-to-medium term. Talking through its Oct-Dec16 financials, MakeMyTrip's CE Read More

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Yatra opens marketplace as part of new look

By Martin Cowen | January 23, 2017

Yatra.com has launched a new brand identity a month or so after it debuted on the Nasdaq. The OTA has also announced that it will start operating a marketplace model which "allows verified sellers Read More

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Yatra makes its Nasdaq debut

By Martin Cowen | December 21, 2016

Indian OTA Yatra.com had a quiet start to life on the Nasdaq yesterday, although Dhruv Shringi, co-founder and CEO, did get to ring the closing bell. Shares debuted on Tuesday at $10 and closed at Read More

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Pivotal moment in 2016 - when MakeMyTrip merged with Ibibo

By Martin Cowen | December 20, 2016

MakeMyTrip has ended the year as an even more dominant player in the Indian online travel market after its merger with Ibibo Group. The announcement in October created a business which, across its Read More

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FIndMyStay spots gaps in India's online accommodation market

By Martin Cowen | November 30, 2016

India's FindMyStay believes that the merger of MakeMyTrip and Ibibo Group creates an even bigger distinction between its reverse bidding platform and the combined entity's approach to hotels. FindM Read More

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MakeMyTrip sees Ibibo as key to capturing offline-to-online shift

By Martin Cowen | November 17, 2016

MakeMyTrip co-founder and India CEO Rajesh Magow believes that its recent merger with Ibibo Group will create a business capable of dominating all aspects of the Indian online travel market. The de Read More

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MakeMyTrip will keep growing with Ibibo on board

By Martin Cowen | October 28, 2016

MakeMyTrip's merger with Ibibo Group means that profitability is "closer now than before," but growth still dominates the corporate agenda. Deep Kalra, group chairman and CEO, told analysts on this Read More

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