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“When Expedia or Booking.com does well in India, the money goes abroad. With MakeMyTrip, it stays here” – Quartz
Aggregated Source: China Travel - Google News

Quartz

“When Expedia or Booking.com does well in India, the money goes abroad. With MakeMyTrip, it stays here”
Quartz
According to the deal structure, MakeMyTrip will own 100% of Ibibo Group, another Gurugram based firm. In return, the current owners of Ibibo—South African internet company Naspers and Chinese investment firm Tencent—will hold a 40% stake in the ...

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