Ctrip india investment
The company was founded by James Liang, Neil Shen, Min Fan, and Qi Ji in June 1999. The company was listed on the NASDAQ in 2003 through a variable interest entity (VIE) based in the Cayman Islands in a Merrill Lynch-led offering, raising US$75 million from the sale of 4.2 million American depositary receipts at $18 each. It appreciated 86% to close at $33.94 per ADR in its first day of trading. The stock traded at a peak of $37.35 on its first day of trading, making it the … WebAug 5, 2024 · The $86 billion Connecticut-based conglomerate calls itself the “world’s leading provider of online travel and related services.” But the company still has work to do on its machinery for taking...
Ctrip india investment
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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. WebFeb 2, 2024 · LOS ANGELES, Feb. 2, 2024 /PRNewswire/ -- Tours4fun, a Ctrip (NASDAQ: CTRP) company, has ventured into the global B2B travel market with the acquisition of Travstarz Global Group, India's top...
WebJan 15, 2016 · Ctrip International recently announced its plans to invest $180 million in India’s largest OTA, MakeMyTrip. Along with this, Ctrip will also have the option of buying MakeMyTrip’s shares in... WebCtrip maintained its leading position through a series of strategic investments and acquisitions. From 2013, the company began expanding aggressively expanding …
WebChinese company Ctrip (Trip.com) established a Japanese subsidiary in Tokyo in 2014. In 2024, it established two new subsidiaries, one in Osaka and the other in Tokyo, to form … WebJan 7, 2016 · Gurgaon, India 7 January, 2016 - MakeMyTrip Limited (NASDAQ: MMYT) ("MakeMyTrip" or "Company"), India's leading online travel company, announced today an agreement under which Ctrip.com...
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 … photo of xxxtentacion deadWebApr 26, 2024 · Ctrip’s concerns centered around a foreign company taking over a brand in India. Naspers will own about 6 percent of the Chinese travel agency’s outstanding ordinary shares after the maneuver.... photo of yard saleWeb2 days ago · United Nations’ specialized agency for tourism development, World Tourism Organization ( UNWTO ), and the Annual Investment Meeting (AIM), an investment platform in the Middle East, have... how does portioner work plateupWebCtrip founded, combing the latest I.T. and traditional travel services Corporate Responsibility We invest in people and projects around the world to support the … how does poshmark make a profitWebJan 7, 2016 · SHANGHAI, Jan. 7, 2016 /PRNewswire/ -- Ctrip.com International, Ltd. (NASDAQ: CTRP) ("Ctrip") today announced that it will invest US$180 million in MakeMyTrip Limited (NASDAQ: MMYT)... how does porthos dieWebApr 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), … how does portable ac unit workWebApr 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. photo of xmas tree