Ctrip Announces Investment in MakeMyTrip
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MakeMyTrip (MMYT) Receives $180M Investment by Ctrip (CTRP)
January 7, 2016 9:22 AM ESTMakeMyTrip Limited (NASDAQ: MMYT), India's leading online travel company, announced today an agreement under which Ctrip.com International, Ltd. (NASDAQ: CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China ("Ctrip"), has agreed to make an investment in MakeMyTrip. Upon completion of the transaction, Ctrip will invest US$180 million in... More
