Tuesday, October 18, 2016

Big deal: Naspers-owned ibibo Group merges with Nasdaq-listed Indian OTA MakeMyTrip

The combination will bring together a bouquet of consumer travel brands, including MakeMyTrip, goibibo, redBus, Ryde and Rightstay ibibo Group, an online travel*company*owned by Johannesburg-based Internet conglomerate Naspers, is merging with Nasdaq-listed MakeMyTrip. Once the transaction is closed, MakeMyTrip will own 100 per cent of ibibo Group. Naspers and Chinese Internet*giant*Tencent (which owns a nine*per...
The post Big deal: Naspers-owned ibibo Group merges with Nasdaq-listed Indian OTA MakeMyTrip appeared first on e27.


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