Page 5 - Makemytrip

MakeMyTrip sees big growth in corporate travel in next 2-3 years

MakeMyTrip expects corporate travel to be an important business segment in next two-three years.The country's largest online travel portal is tapping corporate travel segment and this move comes in the backdrop of rival firm Yatra acquiring corporate travel specialist Air Travel Bureau.Last week MakeMyTrip announced the launch of its self booking tool targeting small and medium enterprises (SMEs) which contributes to around 70 per cent of corporate travel business in India. "Our corporate business should be an important division within the next 2-3 years. Our plan is to reach out to a large segment of SMEs across all tiers of towns in India. Since the soft launch two weeks ago, 2400 companies have reached out, out of this 1000 companies have been registered and 400 companies have already transacted on the platform," said Ranjeet Oak, chief business officer of MakeMyTrip.In FY 17 MakeMyTrip reported revenue of $ 447 million and half of it came from hotels and packages ...

MakeMyTrip on a profitless journey

Paytm poses significant threat to older online travel firms in air ticketing

MakeMyTrip set to upset e-commerce order

Along with ibibo, it clocked air travel and hotel bookings worth $1 billion in April-June quarter

Monsoon holiday bookings see 27% jump in India in 2017: MakeMyTrip survey

60 per cent Indians travelled overseas during the monsoon this year

MMT employee questions Rajnath tweet on Amarnath, firm distances itself

In unusual rebuttal to online trolls, Rajnath Singh today asserted all Kashmiris were not terrorists

After ex-COO bats for 'right to eat',#BoycottMakeMyTrip trends on Twitter

Soon after the backlash, Joshi withdrew his comments and apologised for the same

MakeMyTrip flies higher with Rs 2,000-cr funding

The fresh funds would be used for business expansion, says MakeMyTrip

MakeMyTrip to raise $330 mn via share sale to Ctrip and Naspers

The company will issue 4,583,334 ordinary shares in aggregate to investors at $36 per scrip

Summer travel in 2017 sees 39% growth: MakeMyTrip

Says there also has been a remarkable increase in bookings coming from smartphones

MakeMyTrip gets the show on the road

The online travel portal moves beyond discounts as it looks to extend its brand into niche and value-added services

Going on a growth trip

Early this week, MakeMyTrip gave investors another reason to cheer by announcing acquisition of main rival ibibo

MakeMyTrip-ibibo deal: Consolidation in travel space gathers tailwind

In wake of MakeMyTrip-ibibo deal, customers could benefit from better offerings and firms in segment could expect some relief from hyper-competition

MakeMyTrip-ibibo merger: More power to consumers; rivals better watch out

Their negotiating power and better economies of scale will allow them to indulge in aggressive pricing.

MakeMyTrip boards ibibo, to lead market

Buyer's shares soar 54% to $31.4 on Nasdaq

MakeMyTrip acquires rival travel portal ibibo

Ibibo operates brands such as goibibo and redBus

Data science will be the next big differentiator for online travel: Deep Kalra

Interview with Founder & group CEO, MakeMyTrip

SC allows show cause notice against MakeMyTrip

Delhi HC had ruled that arrest of an executive without notice was illegal

MakeMyTrip looks at bringing offline transport providers online to help consumers

Integrates multiple modes of transport moving beyond buses, trains and flights

We're not after M&As, as there's no threat from Amazon or Uber: Rajesh Magow

Interview with co-founder & CEO, MakeMyTrip

Monsoon advance travel bookings surges by 2.8 times: MakeMyTrip

Mobile phones have become the preferred platform with 72 per cent of the international travel accommodation bookings